Mumbai (Maharashtra) [India], February 20 (ANI): Although increasing input prices will impinge on near-term profitability of auto original equipment manufacturers (OEMs), they are likely to benefit from recent price hikes over the medium term as input prices normalise, according to India Rat
Mumbai (Maharashtra) [India], Feb 17 (ANI): India Ratings and Research (Ind-Ra) does not expect Indian pharmaceutical companies to sustain the healthy operating margins reported during 3Q FY21 and 9M FY21.
Ernakulam (Kerala) [India], February 16 (ANI): Crisil Ratings has upgraded its ratings on long-term debt facilities of Muthoot Finance to AA positive with a stable outlook from AA.
Mumbai (Maharashtra) [India], February 16 (ANI): The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's oil marketing companies against weak gross refining margins (GRMs), thereby lowering downside risks for thei
New Delhi [India], February 12 (ANI): The profitability of foreign passenger vehicle non-banking finance company captives (FOCs) is likely to remain subdued over the medium term, according to investment information agency ICRA.
New Delhi [India], February 1 (ANI/NewsVoir): JK Lakshmi Cement Limited registered a sale of Rs 1192.80 crore in Oct-Dec. 20 against sales of Rs 1004.95 crore in Oct-Dec 2019, an increase of 19 per cent aided by significant volume increase. Large volume and JK Lakshmi Cement's concerted effo
Singapore, January 22 (ANI): Bajaj Finance Ltd (BFL) has sufficient financial headroom to withstand moderate downside risks over the next 12 months from tough operating conditions, according to S&P Global Ratings.
Mumbai (Maharashtra) [India], January 18 (ANI/NewsVoir): BankBazaar.com, India's leading free credit score provider and online financial product marketplace, announced its revenue in December 2020 grew against December 2019 revenues, indicating that the business has recovered much of the los
New Delhi [India], January 11 (ANI): Under Union Minister Ravi Shankar Prasad, five years ago, BSNL's growth in income and ability to contain expenditure in salary, administrative, employee remuneration and other benefits, helped in growing EBITDA to Rs 3,855 crore in 2015-16 from Rs 672 cro
New Delhi [India], December 29 (ANI): Improved asset quality and consequently lower credit provisions can drive better profitability for banks and provide impetus to lenders and rejuvenate their lending decisions, ICRA Ratings has said.
Singapore, December 14 (ANI): Moody's Investors Service has affirmed Muthoot Finance Ltd's Ba2 corporate family rating and changed its outlook to stable from negative.
Mumbai (Maharashtra) [India], December 11 (ANI): Indian non-banking financial institutions (NBFIs) will continue to face challenging conditions in 2021 even as the economy is projected to gradually recover, according to Fitch Ratings.