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Agricultural pump makers to see 7-9% revenue growth next fiscal: Crisil

Agricultural pump makers to see 7-9% revenue growth next fiscal: Crisil

Wed, Dec 27, 2023

According to the rating agency, the operating margin of agricultural pump makers, too, will remain healthy, at 12-13 per cent this fiscal year and the next, attributable to steady key raw materials.

Crisil reports 10% rise in profit to Rs 150.6 crore in April-June

Crisil reports 10% rise in profit to Rs 150.6 crore in April-June

Wed, Jul 19, 2023

Largest rating agency Crisil, majority owned by the Wall Street-based S&P, Wednesday reported a 10 per cent growth in net income at Rs 150.6 crore for the second quarter ending June.

Cereal prices likely to remain elevated going into next fiscal: Crisil report

Cereal prices likely to remain elevated going into next fiscal: Crisil report

Mon, Feb 20, 2023

In the current fiscal, prices of cereals have risen significantly on-year in the first nine months -- of wheat and paddy by 8-11 per cent and of maize, jowar and bajra by 27-31 per cent.

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Commercial vehicle industry volumes to see 7-10% growth in FY24: Icra

Commercial vehicle industry volumes to see 7-10% growth in FY24: Icra

Tue, Feb 14, 2023

The growth trends continued to be broad-based across all the three sub-segments -- medium & heavy commercial vehicles (M&HCV), light commercial vehicles (LCV), and buses, in the third quarter and nine months ended December 31, 2022, Icra said.

Domestic commercial vehicle sales volume may grow 9-11% in FY24

Domestic commercial vehicle sales volume may grow 9-11% in FY24

Mon, Feb 13, 2023

Of the total domestic CV sales, the light commercial vehicle (LCV) segment may grow 8-10 per cent while the medium and heavy commercial vehicle (MHCV) sale is expected to register a higher growth of 13-15 per cent in FY24.

Indian IT services industry's growth pace may slow down in near to mid term: ICRA

Indian IT services industry's growth pace may slow down in near to mid term: ICRA

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.

Rising interest rates to mute corporate bond issuance by 4-5% in the current fiscal – know what this report says

Rising interest rates to mute corporate bond issuance by 4-5% in the current fiscal – know what this report says

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.

CARE Ratings share price zooms 14.5% as company’s board mulls share buyback plan

CARE Ratings share price zooms 14.5% as company’s board mulls share buyback plan

Wed, Jul 13, 2022

At around 01:30 PM, the stock was trading nearly 13 per cent higher to Rs 469.15 per share amid heavy volumes, as against a 0.55 per cent fall in the BSE Sensex.

Why medium-term steel demand will continue to be robust? CareEdge Research explains with 5 important factors

Why medium-term steel demand will continue to be robust? CareEdge Research explains with 5 important factors

Sun, Jun 26, 2022

The steel industry’s production and consumption grew by 18.1 and 11.4 per cent, respectively, on a year-on-year (YoY) basis in FY22, the report stated.

Economy likely to grow 12-13% in Q1, annual GDP projection at 7.2, says Icra

Economy likely to grow 12-13% in Q1, annual GDP projection at 7.2, says Icra

Tue, May 17, 2022

The credit rating agency has cited the second-highest business activity index reading in 13 months in April as a trigger for this.

Broking industry set for record Rs 28,000 cr revenue this fiscal; FY23 growth looks muted: Rating agency ICRA Report

Broking industry set for record Rs 28,000 cr revenue this fiscal; FY23 growth looks muted: Rating agency ICRA Report

Wed, Mar 23, 2022

After a record run in FY2022, when the brokerage industry is set to report over 30 per cent topline growth at around Rs 28,000 crore, the industry is set for a tepid growth next fiscal even though the outlook is stable, says a rating agency report.

Economic Survey 2016-17: CEA Subramanian questions ratings agencies for ignoring Govt's reform steps

Economic Survey 2016-17: CEA Subramanian questions ratings agencies for ignoring Govt's reform steps

Tue, Jan 31, 2017

Ministry of Finance presented Economic Survey ahead of Union Budget, which is scheduled for tomorrow.

Moody's reaches $864 million settlement over subprime ratings

Moody's reaches $864 million settlement over subprime ratings

Sat, Jan 14, 2017

The authorities accused the credit rating agency of overvaluing the ratings of securities backed by subprime mortgages or at-risk loans at the center of the country`s worst financial crisis since the Great Depression.

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