Rating agency Crisil said on Friday that Asian spot LNG prices are expected to go up in the short term due to power generation disruptions in Japan.
The study covers 3,234 SMEs, with sales turnover ranging from Rs 1 crore (Rs 10 million) to Rs 500 crore (Rs 5 billion). It includes manufacturing, trading and service companies in 30 industries across 20 states.
In December 2010, Mumbai-based Narsee Monjee Institute of Management Studies received an A*** grading by credit rating agency Crisil.
Consumer durable companies are stepping up investments in production and distribution to cash in on the demand the industry is witnessing. According to a recent report by research agency Crisil, the Rs 25,000-crore consumer durable industry is slated to grow at a rate of 17-18 per cent over the next five years, to touch Rs 60,000 crore.
After a stint in Crisil as chairman, Mohan joined the Mukesh Ambani-led company as executive director in August this year, RIL spokesperson said.
The closely-held company, which runs 22 Lifestyle departmental stores, 11 Home Centre furniture and household accessory stores and six value format Splash stores, had totted up losses of Rs 46.5 crore (Rs 465 million) in the first nine months of 2008-09, up sharply from Rs 18.9 crore (Rs 189 million) in the whole of 2007-08.
Rating agency Standard & Poor's is using the experience of working with the Indian rating agency, Crisil, a subsidiary of S&P, to its advantage. Deven Sharma, president, Standard & Poor's, spoke to Rajesh Bhayani
Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.
Trust today means more than the belief that a brands' products will work as advertised; consumers want to believe that the company truly cares for its customers.
It boils down to whether greater government spending makes up for lower private consumption or whether, through higher interest rates or inflation, it hurts it.
Better than projected revenues from the spectrum auction for 3G services and Broadband Wireless Access is likely to reduce the Centre's fiscal deficit to 4.47 per cent of the GDP during 2010-11 from an estimated 5.5 per cent and curtail its huge borrowings.
Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.
This would help investors to get a fair understanding of the companies, Sebi chairman, C B Bhave said while launching independent equity research by Crisil in Mumbai on Tuesday.
The number of carbon credits or certified emission reduction (CERs) issued for a cut in the release of greenhouse gases into the environment is set to triple in India over the next three years, due to a rising number of claims from rapidly growing renewable energy (RE) projects.
A rate hike will set back the recovery process, but if RBI does raise rates, it will be to prevent the rise in food prices from spilling over to other sectors and to dampen inflationary expectations.
An alternative approach has been demonstrated by IIT Bombay, which has been transmitting live, through Edusat and webcast, about 1,000 hours of its own classroom teaching free of cost every semester.
In an interview with BS, Roopa Kudva appears most excited about climate change. Another area is the grading of listed equities which, according to her, is an extension of IPO-grading.
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
With infrastructure claiming a larger share, movement and distribution of cement is bound to change.
Electricity generation has outperformed the industrial production index for five months in a row this financial year, even as the broader economy is struggling to grow.
The country's mutual fund industry posted five per cent growth in average assets under management (AUM) to touch all-time high of Rs 8.68 lakh crore in May on the back of strong inflows into money market and income funds.
According to research by IHS Markit, for an ecosystem still grappling with infrastructure issues -- the high cost of EVs and a greater OEM (original equipment manufacturer) focus on electrifying two-wheelers and commercial vehicles first -- the share of such vehicles is expected to be 4 per cent by 2030, reports Pavan Lall.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
On the eve of the Budget presentation, economists on Thursday said the they expect the government to roll back some of the stimulus measures, as the economic growth is on rebound with the Economic Survey projecting the GDP to expand by up to 8.75 per cent in FY'11.
A freely convertible country must have sound macroeconomic policies.
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
The Sebi's 'recent directive to reduce the time between the closure of an IPO and its listing to 12 days from 22 will lead to interest savings of approximately Rs 800 crore annually for the retail and high net worth individual investors,' the study said.
CRISIL chief economist D K Joshi is of the opinion that GDP is an indicator of the health of the economy.
Wipro's scrip jumped 2.97 per cent to Rs 468.50 on the NSE.
The higher outlay for the Commonwealth Games would aid the hotel sector in faster execution of the projects in the NCR region.
Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk, primary among them is the risk of default, either servicing the interest payment or meeting their principal repayment obligations.
The capital infusion would help improve the financial health of banks. While some banks would get necessary regulatory capital while others would get it for fueling growth.
The company was looking to raise around Rs 1,800 crore for a stake sale of 10 per cent.
His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.
The return of private investment now struggles with lack of funds and election-driven uncertainty.
Also build a contingency fund equal to 9 to 12 months of expenses.
Asian financial institutions have remained relatively unaffected by the global financial crisis, with their write-downs constituting just six per cent of the worldwide credit losses, estimated to be $300 billion so far, a latest report said.According to rating agency Crisil, most Asian financial institutions and global institutions with dominant exposure in Asia have remained relatively unscathed as they were shielded by their asset mix.
Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit.
Research firm Crisil on Monday said that the 3G services industry subscriber base is likely to touch the 100-million mark by the end of its fifth year in operation.
The volatility in Indian markets will take another 12 months to ease out. There are market cycles and economic cycles. We had a 4-year bear phase during 1994-97. The markets are still trading at reasonable levels compared to the one year forward price-to-earnings ratio multiple of 2005-06.