Care Ratings

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