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New Delhi, Fitch Ratings on Friday revised its outlook on domestic steel major Tata Steel to negative due to uncertainty over the turnaround of the company's operations in the UK.However, expected strong growth in Tata Steel's India operations and potential earnings before interest, taxes...

Mumbai: The Red Sea crisis is likely to hit auto components industry margins in the coming quarters amid higher container rates and shipping times, credit rating agency ICRA said on Thursday, projecting moderate growth for the industry in this fiscal year.According to the rating agency, about...

Washington, There is a sharp 19 percent decline in the number of Indian Americans supporting incumbent President Joe Biden between the last 2020 election and the 2024 election cycle, according to a biannual survey of Asian American voters (AAVS), the longer survey. of Asian American voters...

Mumbai: The Reserve Bank of India on Wednesday allowed banks to use the ratings of Brickwork Ratings India Pvt Ltd for loans up to Rs 250 crore.RBI asked banks and other regulated entities not to obtain any new ratings from Brickwork Ratings India in October 2022.The certificate of...

Dubai star batsman Suryakumar Yadav remained at second position in the latest ICC Men's T20I batting rankings, which also includes Ruturaj Gaikwad, who made significant strides following his exploits in the ongoing away series against Zimbabwe.Suryakumar is in second place with 821 rating...

Indian Chess Federation (AICF) president Nitin Narang wished Gukesh and Vidit Gujrathi on the eve of the mega event, urging them to show their brilliance on the board."We wish our chess champions, @DGukesh and @viditchess, the best of luck at the SuperUnited Rapid & Blitz in Zagreb! Show your...

Mumbai (Maharashtra) [India], July 9: Just days after taking second place among French business schools in the Times Education 2024 international impact ranking, Excelia Business School has been recognized once again for its initiatives aimed at contribute to the ecological environment and...

Thiruvananthapuram, Kerala Bank recorded a net profit of Rs 209 crore in the year 2023-24, with deposits, loans and overall business showing an upward trend, state Cooperation Minister VN Vasavan said on Monday.Vasavan was responding to a presentation moved by Leader of Opposition VD Satheesan...

The rating agency expects the government's revenue receipts to increase due to higher RBI dividends and increase in tax collections.As a result, the government may set the fiscal deficit target for FY2025 at 4.9-5.0 per cent, compared to the interim budget target of 5.1 per cent of GDP...

New Delhi: Markets regulator Sebi has issued new guidelines to streamline operations and improve ease of doing business for credit rating agencies.The circular introduces specific deadlines to address appeals filed by companies in relation to rating actions carried out during periodic ratings...

New Delhi, Auto component maker Samvardhan Motherson International Ltd on Friday said it has raised US $ 350 million (about Rs 2,920 crore) by issuing notes.The notes were issued by step-down subsidiary, SMRC Automotive Holdings Netherlands BV (SAHN BV), backed by the corporate guarantee of...

Mumbai: The Reserve Bank of India's record dividend payout of Rs 2.1 crore will limit the need for major disinvestments, a national rating agency said on Thursday.Care Ratings said the new government will maintain the interim budget's Rs 50,000 crore target on disinvestment proceeds."With a...

New Delhi [India], The fast moving consumer goods (FMCG) sector will witness 7-9 per cent revenue growth in the current fiscal year, says rating agency CRISIL in its report. Growth in the sector will be driven by higher volume, revival of rural demand and stable urban demand.The report adds...

New Delhi [India], The Appointments Committee of the Cabinet (ACC) has appointed various individuals to the posts of National Medical Commission (NMC) and autonomous boards.According to an official press release from the Ministry of Health and Family Welfare, Dr BN Gangadhar, Chairman, Medical...

New Delhi: Dr. BN Gangadhar, Chairman of the Medical Assessment and Rating Board, has been appointed Chairman of the National Medical Commission (NMC).The Appointments Committee of the Cabinet (ACC) has appointed various individuals to the posts of NMC and autonomous boards.The health...

New Delhi, Fitch Ratings said it has affirmed the 'BBB+' rating with a stable outlook on Larsen & Toubro and stressed that the ratings indicate the company's strong financial structure and strong financial flexibility."Fitch Ratings has assigned India's Larsen & Toubro Ltd. (L&T) for the first...

New Delhi: An upgrade of India's sovereign rating is possible in the next 24 months if the central government is able to prudently manage its finances and reduce the fiscal deficit to 4 percent of GDP, an S&P Global official said on Wednesday. Ratings.S&P Global Ratings head of sovereign...

New Delhi [India], Revenues of India's major states, which account for more than 90 percent of India's gross state domestic product, are likely to grow at a steady 8 to 10 percent in the current year financial 2024-25, according to an analysis by the rating agency Crisil Ratings.The rating...

MUMBAI: Tariff hike by the top three telecom companies will help increase average revenue per user by 15 per cent and operating profit by more than 20 per cent in fiscal 2025, a domestic rating agency said on Monday.Care Ratings said in a report that a 20 per cent hike by telcos after a gap of...

PNNMumbai (Maharashtra) [India], July 1: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leading manufacturers and exporters of coated metal products, specializing in Pre-painted Galvanized Steel and Plain Galvanized Steel . both in coil and sheet form...