Cox & Kings defaults on payments of Rs 150 crore, stock drops 10%

Cox & Kings has defaulted on commercial paper worth Rs 150 crore, the company told stock exchanges on Thursday. The tour operator has been facing cash crunch for some time now and has... Read more »

IIP growth touches 3.4%, with impressive growth in capital and consumer goods: CARE Ratings

Care Ratings have suggested that the IIP growth for April at 3.4% had an impressive start after a negative growth in March. The projection was 1.2%. However, it is too early to... Read more »
benchmark equity index touches 3-month high Sensex closes 34,732, Nifty 10,244

Corporate performances see higher earnings, improved performance in Q4 quarter: CARE Ratings

The corporate performance for the March quarter of FY19 has improved on a quarterly basis as compared to last year, said CARE Ratings in its research report. The rating agency said that... Read more »

Home Credit India Gets Stable Rating from Fitch Group Company

Home Credit India Finance Pvt. Ltd., one of India’s fastest growing non-banking finance company, has been assigned an IND A−/Stable rating from India Ratings and Research Pvt Ltd., a Fitch Group company.... Read more »