CARE Ratings

India's fiscal deficit at 114.8% of annual target in Sep-end

India's fiscal deficit at 114.8% of annual target in Sep-end

The government's fiscal deficit rose to Rs 9.14 lakh crore, about 114.8 per cent of the annual budget estimate, during the first six mont...Read More

Pandemic-driven loan recast to take GNPAs to 11.5 pc by March: Report

Pandemic-driven loan recast to take GNPAs to 11.5 pc by March: Report

Care Ratings expects 4-5 per cent of the existing loans to be stressed and opt for restructurings through the course of the year.

India’s fiscal deficit may double to 13.4%: Care Ratings

India’s fiscal deficit may double to 13.4%: Care Ratings

The early estimates for the fiscal deficit were in the range of 7-8 per cent. But according to Care Ratings, this is set to double. This ...Read More

IL&FS case: Sebi raises penalty to Rs 1 crore each on ICRA, CARE

IL&FS case: Sebi raises penalty to Rs 1 crore each on ICRA, CARE

Markets regulator Sebi on Tuesday enhanced the penalty amount to Rs 1 crore each on rating agencies ICRA and CARE in connection with laps...Read More

Care Ratings revises its GDP projection from -6.4 to - 8% for FY 21

Care Ratings revises its GDP projection from -6.4 to - 8% for FY 21

Care Ratings on Friday revised its GDP projection from -6.4 to - 8% for Financial Year 2021. CARE Ratings had a projection of -6.4% degro...Read More

India's GDP to contract by 20 pc in first quarter of FY21: Care Ratings

India's GDP to contract by 20 pc in first quarter of FY21: Care Ratings

The Central Statistics Office (CSO) will release the gross domestic product (GDP) data for the first quarter of FY21 on August 31, which ...Read More

States' market borrowings skyrocket 76% to Rs 1.93 lakh cr so far this fiscal: Report

States' market borrowings skyrocket 76% to Rs 1.93 lakh cr so far this fiscal: Report

Front-loading of market loans has been on the back of the Centre relaxing the ways and means advances norms to manage cash-flow mismatche...Read More

Only thing that glitters: Why is everyone buying gold amid coronavirus pandemic?

Only thing that glitters: Why is everyone buying gold amid coronavirus pandemic?

Coronavirus or no Coronavirus: Demand for gold grows

Box office mop-up jump 27% on 'lipstick effect'

Box office mop-up jump 27% on 'lipstick effect'

The 'lipstick effect' is a phenomenon where consumers prefer to spend on small indulgences in an economic slowdown, rather than blowing t...Read More

CARE Ratings MD Rajesh Mokashi quits office

CARE Ratings MD Rajesh Mokashi quits office

Mokashi was sent on leave by the company in July. The order had said that he would be on leave till the company had examined an anonymous...Read More

Care revises rating on LVB's commercial papers to BB+ with negative outlook

Care revises rating on LVB's commercial papers to BB+ with negative outlook

Mumbai: Care Ratings has revised the rating of troubled private sector lender Lakshmi Vilas Bank's (LVB's) commercial papers worth Rs 618...Read More

'RBI may have to pay interim dividend to support Government resources'

'RBI may have to pay interim dividend to support Government resources'

Mumbai: The government should garner more revenues from disinvestments given that now the stock market is up, and additionally the RBI ma...Read More

Reliance Capital shares falls over 11% following downgrade of CARE Ratings

Reliance Capital shares falls over 11% following downgrade of CARE Ratings

The scrip tanked 11.32 per cent to Rs 27.80 -- its 52 week low -- on the BSE. On the NSE, it dropped 11.34 per cent to its one-year low l...Read More

Reliance Home Finance's long-term debt instruments downgraded by CARE Ratings

Reliance Home Finance's long-term debt instruments downgraded by CARE Ratings

CARE Ratings has downgraded Anil Ambani-led Reliance Home Finance's long-term debt programme, market-linked debentures, subordinated debt...Read More

Akansha Ispat: Pursuing well
thought-out ambition in steel

Akansha Ispat: Pursuing well thought-out ambition in steel

Many small medium enterprises (SMEs) had a different story to share on demonetisation, but for a steel trading company, Akansha Ispat, it...Read More

Ebullient Packaging: Setting buoyant mood for industrial packaging

Ebullient Packaging: Setting buoyant mood for industrial packaging

Aligning with future trends is actually a rarity for convention-rooted SMEs. But for 30-year-old Ebullient Packaging that was the way fo...Read More

CARE Ratings sends MD Rajesh Mokashi on leave

CARE Ratings sends MD Rajesh Mokashi on leave

New Delhi: After ICRA, CARE Ratings has sent its MD and CEO Rajesh Mokashi on leave, pending completion of the examination of an anonymou...Read More

Sugee Developers: Navigating through the redevelopment maze

Sugee Developers: Navigating through the redevelopment maze

Most of the previous decade and well into the current one, redevelopment projects in Mumbai city and suburbs were eagerly chased by real ...Read More

Sindia Steels: A stainless track record for a steely company

Sindia Steels: A stainless track record for a steely company

Despite ups and downs in the steel business, Mumbai-headquartered Sindia Steels, has managed to keeps its revenues growing. Pankaj Joshi ...Read More

Generic Engineering Construction: Name is ‘Generic’ but work is distinct

Generic Engineering Construction: Name is ‘Generic’ but work is distinct

Timely implementation of strategy based on market needs has worked for Generic Engineering Construction and Projects. Pankaj Joshi writes…

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