Fri, Jun 14, 2024
CRISIL Ratings has raised the automaker's long-term rating to AA+/Stable from AA/Positive. ICRA Ratings, on the other hand, has maintained its long-term rating for the large-cap firm at AA+/Stable from AA/Stable. S&P Global Ratings has raised long-term ratings of Tata Motors and TML Holdings to BB+/Positive from BB+/Watch Positive. S&P Global Ratings has also raised Jaguar Land Rover rating to BB/Watch Positive from BB/Positive.
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The stock of Tata Motors closed the trading session on BSE on Friday down up by 0.78 per cent, or Rs 7.65, at Rs 993.40 on Friday.
Tue, Aug 22, 2023
India's economic growth will accelerate to 8.5 per cent in the April-June period of the current fiscal from the 6.1 per cent growth rate witnessed in the preceding January-March quarter, Icra Ratings said in a report on Tuesday.
Tue, Jul 25, 2023
The growth will be supported by an 8-10 per cent expansion in the domestic market and a 6-8 per cent rise in the US market, while revenues from the European and emerging markets are expected to increase by 3-5 per cent and 8-10 per cent, respectively.
Mon, Feb 06, 2023
Ratings agency ICRA sees lower hiring by the IT service companies in the near term given that excess capacities were added in FY2022 and expects moderation in demand compared to previous fiscals amid macroeconomic headwinds.
Mon, Dec 19, 2022
The banking system's credit growth will slow down to 11-11.6 per cent in FY24, after a very healthy growth of 15.2-16.1 per cent expected in FY23, the rating agency said.
Sat, Dec 17, 2022
With exports continuing to remain under stress for the second consecutive month in November, and imports also falling, the current account deficit is likely to moderate in the second half and close the fiscal with a 3.3 per cent of GDP or USD 108-112 billion, which still be a record high, says a
Sun, Dec 04, 2022
The 18 states covered in this note are Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Himachal, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand and Bengal.
Sun, Nov 13, 2022
Non-banking lenders have remained the largest issuers of bonds with a share of 47 per cent in the first half, followed by corporates and banks at 33 and 20 per cent, respectively.
Tue, Mar 08, 2022
Rating agency Icra has warned of serious downside risks to the economy next fiscal with runaway current account deficit, steep fall in the rupee and a hardening yields on government bonds, as a result of the Russian-Ukraine crisis and the resultant spike in crude and other commodity prices.
Wed, Feb 02, 2022
The domestic two-wheeler sales witnessed 21 percent year-on-year decline in January, even as the segment registered a 14 percent sequential growth in domestic wholesale volumes, according to credit ratings agency ICRA.
Mon, Jan 24, 2022
Rating agencies such as CARE Ratings and ICRA Ratings have released sector-specific reports regarding their expectations from respective sectors.
Wed, Jan 02, 2019
The Bharatmala Pariyojana project itself is expected to provide large opportunities for the construction sector as it is the largest road development programme in India with a planned investment of Rs 5.35 trillion.
Thu, Jan 19, 2017
PAL has also strengthened its distribution network by adding both number as well as layers of intermediaries in order to support the business growth.
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