Crisil

Friday, Apr 19, 2024 | Last Update : 04:38 AM IST

As per Nasscom, the IT services industry grew 2.7 per cent to USD 99 billion in 2020-21. (Photo: Representational Image)

Indian IT industry to post strong recovery with 11% revenue growth in FY22: Crisil

The recovery will be led by increasing outsourcing and accelerating digital transformation services

07 Jul 2021 3:03 PM

Ratings firm Crisil has reaffirmed BBB rating on Yes Bank's over Rs 18,000 crore bonds . (PTI Photo)

Crisil affirms Yes Bank Rs 18k cr bonds rating at BBB

The agency has also reaffirmed its 'CRISIL A2' rating on certificates of deposit of Yes Bank

07 Jun 2020 9:03 AM

The fiscal deficit target of 3.4 per cent of GDP is likely to slip, DK Joshi, the chief economist at the rating agency crisil said here on Friday.

Govt will be forced to slash spending this year too: Crisil

GDP growth slipped to 5 per cent in the first quarter, is expected to be worst in the second quarter- sub 5 per cent.

16 Nov 2019 10:43 AM

The Union power ministry has made it mandatory for discoms to open and maintain sufficient letters of credit (LC) as a payment-security mechanism under power purchase agreements (PPAs) signed with generation companies (gencos or generators) from August 1, 2019. (Representational Image)

Payment security mechanism to induce discipline, but may stretch discom financials: CRISIL

Genco gain spells discom discomfort. The LCs to induce discipline, but may stretch discom financials, the report said.

29 Jul 2019 6:47 PM

Later in a statement, SBI said the overall quality of the NBFC asset portfolio on its books continues to be good.

RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector

RBI is committed to ensuring a robust and well-functioning NBFC sector, said Das.

07 Jun 2019 9:03 AM

In terms of equity volume, 55.86 lakh shares on the BSE and nearly 6 crore scrips on the NSE were traded during the day.

DHFL shares close with over 9 per cent loss

On the BSE, the scrip of the NBFC opened on a negative note and further slumped to Rs 117.65.

22 May 2019 5:15 PM

As on March 31, 2019, there were 1,143 cases outstanding under the IBC of which resolution in 32 per cent of the cases was pending for more than 270 days.

IBC process helps recover Rs 70,000 cr bad loans in FY19: Report

The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.

15 May 2019 8:49 AM

'Consolidated profit for the quarter was impacted due to foreign exchange loss of Rs 7.8 crore, compared with Rs 2.3 crore of foreign exchange gain in the corresponding quarter of 2018,' the company said in a regulatory filing.

Crisil net profit falls 6.8 pc to Rs 76.6 crore in Jan-Mar quarter

The total income in first quarter was nearly flat at Rs 422.9 crore, compared with Rs 427.6 crore in first quarter of 2018.

17 Apr 2019 3:49 PM

Among different classes, according to MFI Explorer, debt and hybrid funds have displayed steady growth ever since 2003.

Asset allocation key to wealth generation

The equity market tends to perform well in expansionary economies whereas government securities generally perform well in contracting economies.

19 Mar 2019 2:12 AM

The measure is one of a series by Prime Minister Narendra Modi’s government to try to stimulate consumption as he faces nationwide elections by May. (Photo: File)

Tax cuts should boost Indian real estate demand, but many issues linger

On Sunday, a government body said the sales-tax on under-construction residential houses in April will drop to 5 per cent from 12 per cent.

26 Feb 2019 12:55 PM

According to the Crisidex survey, undertaken by Crisil and the dedicated arm for small businesses financier Sidbi, said a special score moved up to 128 during the reporting quarter from 124 in the preceding quarter and 107 from the year-ago period. (Representational image)

Crisil-Sidbi survey claims improvement in MSME sentiment in Q3

Interestingly, the RBI, persuaded by the government, announced a special relief package of loan recast (up to Rs 25 crore) for MSMEs.

23 Feb 2019 11:41 AM

On February 14, the government had announced a 7 per cent increase in the minimum support price to Rs 31 per kg from Rs 29 for sugar. (Representational image)

MSP hike to boost sugar mills' margins 300-400 bps: Report

This will lead to incremental domestic sales realisation of Rs 3,300 crore: Crisil.

20 Feb 2019 1:05 PM

TRAI has also asked platform operators to revert, in two days, with special schemes and plans for households with multiple TV connections.

TRAI refutes Crisil report on rise in TV viewing bills under new tariff regime

TRAI also said it has taken note of cases where some websites of operators were down due to heavy traffic.

06 Feb 2019 4:54 PM

Comparing the growth in employment-intensive sectors with overall GSDP growth, CRISIL study found that growth in most states was not employment generating.

12 states fail on jobs, despite faster growth, says Crisil

Rajasthan, Jharkhand and Madhya Pradesh recorded the lowest growth.

22 Jan 2019 1:36 AM

The ratings agency said continuous fall in the rupee has made imported solar modules costlier and increased the cost of setting up solar plants. (Photo: PTI | Representational)

Viability of solar projects in doubt

The ratings agency said that in turn, will compress the debt servicing cushion available for these solar projects.

30 Oct 2018 12:13 AM

It is not our work to stall road projects. Our work is to complete projects in time within the ambit of rules and regulations. If any company or any contractor, facing obstacles comes we will try to find out a solution— Nitin Gadkari

Investment in infra falls 25 per cent in FY18

Since 2008, private investments dipped about 1,200bps.

06 Oct 2018 1:03 AM

Company shares tumbled up to 42 per cent on massive selling over fears of a liquidity crisis.

Crisil retains rating on Rs 15,000 crore commercial paper of DHFL

Earlier this week, DHFL said it proposes to reduce exposure to CP as part of overall borrowing plan.

28 Sep 2018 11:57 AM

According to Crisil, the aggregate operating margins would be up 5-10 basis points (bps) in the second quarter, but this would be primarily because of the performance of steel makers.

India Inc’s revenue to double in Q2

Crisil pegs revenue growth at 12.1%; Attributes it to low base in last year due to GST.

28 Sep 2018 4:50 AM

Subalakshmi Krishnamurthy with the Women’s Startup Pitch Competition award

A platform for change

It has since gone on to win the first position at the India Ideas Summit of USIBC in Mumbai this year.

23 Sep 2018 1:22 AM

Reliance Infrastructure (RInfra) said on Wednesday rating agency Crisil has withdrawn its D rating for the company's non-convertible debentures totalling Rs 710 crore. (Photo: PTI)

Crisil withdraws D rating for RInfra NCDs

RInfra is one of the largest infrastructure companies.

05 Sep 2018 7:13 PM

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Mohan Guruswamy