Care Ratings
Care Ratings News
GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening
The country's GDP growth is likely to be at 3.6 percent in January-March 2020 as economic activity came to a complete halt due to the countrywide lockdown imposed to contain the coronavirus outbreak, says a report
Coronavirus Impact: Air passenger traffic may witness 30% negative growth this fiscal from earlier estimate of 25%, says CARE Ratings
Air passenger traffic is expected to log a 30 percent negative growth during this fiscal from an earlier estimate of a 20-25 percent negative growth amid coronavirus pandemic, rating agency CARE Ratings said on Tuesday
Vodafone Idea stock falls over 16% after Care downgrades its rating on long-term bank facilities, NCDs
Shares of Vodafone Idea on Tuesday tanked over 16 percent due to rating downgrade on AGR dues and other issues of the company
Care downgrades rating on Vodafone Idea's long-term bank facilities, non-convertible debentures
Vodafone Idea on Monday said Care Ratings has downgraded the rating on its long-term bank facilities and non-convertible debentures.
Vedanta gets access to NALCO's alumina, govt demands higher dividend from oil PSUs; all this and more on Moneycontrol Pro
The Supreme Court allowed Vedanta access to Nalco’s alumina if it fulfils certain conditions.
Hotel operators who partnered with Oyo call it 'biggest online fraud', demand criminal probe against Softbank-backed startup now poised to raise $1.5 bn
Founded in 2013, Oyo started by aggregating bookings for India’s budget hotels, promising a standard of service in a market where that was more often the exception
Reliance Capital shares tumble over 11% after CARE Ratings downgrades company's long-term debt program
Shares of Reliance Capital on Monday dropped over 11 percent after CARE Ratings downgraded the company's long-term debt program
After Crisil, Care downgrades Vodafone Idea credit rating for weak financial performance in Q1 FY'20
Care Ratings had earlier placed Vodafone Idea rating at Care A+ with negative outlook.
IL&FS case: SEBI widens investigation into role of rating agencies; looks into possible systemic lapses at all five rating agencies
Grant Thornton said it identified multiple e-mails over the period from 2008 to 2018 which indicate that the IL&FS group was under stress or faced liquidity issues since 2015.
CARE Ratings shares fall nearly 5% after MD and CEO Rajesh Mokashi sent on leave
Shares of CARE Ratings on Thursday fell by nearly 5 percent after the company sent its MD and CEO Rajesh Mokashi on leave, pending completion of the examination of an anonymous complaint received by SEBI
Care Ratings downgrades ratings of Cox & Kings' long-term facilities, commercial paper
Travel firm Cox & Kings on Thursday said Care Ratings has downgraded ratings of the company's long-term facilities and a commercial paper issue totalling Rs 3,445 crore to the status of being in or expected to be in default
Shares in ICRA fall after CEO Naresh Takkar sent on leave amid regulatory concerns
ICRA said in May it had appointed external experts to probe the anonymous complaint concerning the credit rating it assigned to one of its customers
Dash for growth at Baba Ramdev's Patanjali Ayurved leads to stumbles; sales plunge 10% to Rs 8,100 crore
Patanjali also suffered, like many others, from Modi’s 2016 ban on high-denomination banknotes and 2017 introduction of a new goods and services tax
Narendra Modi govt needs to prioritise land, labour reforms in second-term, say analysts
The economy is undergoing cyclical downturn at present which has seen a dip in growth to the 7% levels
Rupee tumbles 22 paise against dollar on rising global crude prices, fresh demand for greenbacks
A possible increase in fuel prices due to the US sanctions on Iranian crude exports can have adverse impacts on the current account deficit (CAD), the rupee and inflation, according a Care Ratings report.
NBFC liquidity normalises: Fresh bond sales jump 30% in January, reflects renewed confidence among investors
Amidst the challenging liquidity constraints faced by the sector following the IL&FS bankruptcy, the corporate bond issuances on a monthly basis has seen falling
NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right path
This smorgasbord of schemes didn’t even dent the NPA problem. The mountain just kept piling up until it reached 11 percent of total bank assets.
Rating agencies downgrade various loan facilities of DHFL after allegations of a Rs 31,000-cr fund diversion
Rating agencies have downgraded various loan facilities of DHFL, which is facing allegations of a Rs 31,000-crore loan diversion
DHFL shares rise as lender tries to assuage liquidity concerns; company denies diverting loans to shell companies
DHFL lost nearly half of its market value over five sessions ending Friday, its worst week since listing, hit by claims of financial mismanagement
Madhya Pradesh, Rajasthan and Chhattisgarh have low fiscal room to implement farm loan waivers: Care Ratings
Since April 2017, the states have collectively announced waivers of up to Rs 2.2 trillion of farm loans, the agency said