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 the heels of... Read more »
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 June 29. The... Read more »
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 as interest on... Read more »
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 before, says a... Read more »
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 due this week.... Read more »
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 of Ratings and... Read more »
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 revenue per user... Read more »
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 the minimum support... Read more »
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 RBI governor at... Read more »
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% increase in the... Read more »