Crisil advocates investment in Debt Mutual Funds

Mumbai, June 17 : Leading rating agency Crisil has said that investment in Debt Mutual Funds was advisable and may benefit investors. The statement of Crisil comes close on... Read more »

DHFL shares drop 7% after it delays March-quarter earnings release

Shares of Dewan Housing Finance Corporation Ltd (DHFL) dropped nearly 7 percent after the company deferred its March-quarter earnings announcement date. They had earlier scheduled to announce earnings on... Read more »

DHFL shares up 6% after repayment of interest on NCDs

Shares of Dewan Housing Finance (DHFL) rose on Wednesday after the company said it has cleared all its overdue payments on non-convertible debentures (NCDs). The NBFC also paid Rs 962 crore... Read more »

NPAs drops down to 9.3% in FY19, deeper than RBI estimate: Crisil

The system-wide non-performing assets stock has fell starkly to 9.3 percent in March 2019, more rapidly than the Reserve Bank’s estimate and far down from 11.5 percent the year... Read more »

ICRA, Crisil give lowest rating to DHFL for failure to pay bonds

Ratings agencies ICRA and Crisil downgraded Dewan Housing Finance Corp Ltd’s (DHFL) commercial paper to their lowest ratings on Wednesday after the lender failed to make payments on bonds... Read more »

SEBI approves the segregation of Rating and Non-rating businesses of credit rating agencies.

The Securities and Exchange Board of India’s (SEBI) notifications dated May 30, 2018, and September 19, 2018, under the SEBI (Credit Rating Agencies) Regulations, 1999, have mandated the segregation... Read more »

Telecom revenue to kick start with a 7% growth this fiscal

CRISIL believes the Indian telecom industry will reverse a two-year declining trend with a 7% revenue growth in fiscal 2020. The turnaround will ride on an increase in average... Read more »

Sugar mill operating margins goes up by 300-400 bps, cane arrears lowers to 18% this season

Operating margins of sugar millers could improve by 300-400 basis points (bps) in sugar season (SS) 2019 (October 1, 2018, to September 30, 2019) following a ~7% increase in... Read more »

Crisil announces its first policy review of the year

Today’s monetary policy announcement was significant for three reasons. Not only it was the first policy review of this year, it was also the first one with the new... Read more »

Print media companies set to turnaround next fiscal: CRISIL Ratings

Aggregate operating profit of print media companies is likely to increase 500 basis points (bps) in fiscal 2020 after a lacklustre fiscal 2019, riding on two tailwinds: a 25%... Read more »