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... 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... Read more »

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... 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... Read more »