It has been lowered to 'IND BBB+' from 'IND A-', besides placing the rating on 'Rating Watch Negative' (RWN).
Don't believe us? Then listen to the expert. Harish Rao dispels myths about Ola and Uber's dynamic pricing model and explains why government interference in it finally hurt us, the rider.
Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor, suggests Sanjay Kumar Singh.
Having already assured a quarter-final berth, Indian team will be aiming to top their pool when they square off against a spirited Nepal in the final group league encounter of the ICC U-19 World Cup, on Monday. Rahul Dravid's boys have steamrolled their earlier opponents beating Ireland by 79 runs and New Zealand by a whopping 120-run margin. With Nepal also having qualified for the quarterfinals, tomorrow's match will decide which team will top Group D. The group champion will face either Namibia or Bangladesh in the quarter-final after defending champions South Africa crashed out on Sunday. On paper, an India versus Nepal cricketing contest should have been declared as a mismatch but the teenagers from the Himalayan nation have been the 'surprise package' of the tournament so far, defeating New Zealand and Ireland with minimum fuss.
A lot of history was made on Emmys night!
International Boxing Association (AIBA) Pro Boxing managing director Mirko Wolf, on Friday, defended the world body's decision to allow professional boxers in the Olympics.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
The initiative, whose founding partners also include Accenture, CA Technologies, Cisco, Cognizant, Hewlett Packard Enterprise, Pegasystems, PwC, Salesforce and SAP, aims to bring competitive training content together on one platform to serve the greater good.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
Any return to 9-10%(economic) growth is some years away.
Authorities also said the recovery rate of COVID-19 patients was improving consistently in India and it was in a much better position in handling the pandemic, which has seen more than 63 lakh people testing positive for this virus since its emergence in China last December and over 3.7 lakh having lost their lives.
A study conducted by CBRS reveals there are abundant homes lying vacant in urban India.
The firm, which aims to double sourcing from India, is looking at partnerships with institutions such as the IITs
Did you know that 17% seats are reserved for girl students in every branch of engineering?
'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'
HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
Sukanya Verma looks at some striking age gaps between the onscreen romantic couples of Hindi movies.
The government will assess how cash deposits after the demonetisation could be brought under the tax net, says Revenue Secretary Hasmukh Adhia.
The rise in India Inc's market value was led by asset-light firms.
Atletico de Kolkata spurned the golden opportunity of making best use of home advantage as they were held to a goalless draw by FC Goa in the first-leg semi-final of the Hero Indian Super League in Kolkata.
Making her Grand Slam comeback in Paris following the birth of her daughter Alexis Olympia last September, Serena Williams will renew her fierce on-court rivalry with Maria Sharapova on Monday when they meet in a highly-anticipated fourth-round showdown at the French Open.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
We are in love. All of internet is in love :)
India is the second largest buyer of Iranian crude, after China.
The change in the baseline for IIP and WPI, currently at 2004-05, is expected to bring in more accuracy in mapping the level of economic activity and calculating other numbers like national accounts.
Archit Gupta -- founder and CEO, ClearTax.com -- lists common mistakes and how to avoid them for filing a hassle-free income tax return.
Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
The pain of not living up to the favourites tag in the previous ties still rankles the Spanish Davis Cup team as Rafael Nadal said "special things" can happen for lower-ranked Indian players in the World Group play-off tie.
'There were lots of functionalities the Group of Ministers asked us to incorporate.'
The GoM will meet on Saturday to finalise single-stage, simplified, return filing under the GST; report will be placed before GST Council on March 10.
Exit polls often go wrong in India because pollsters don't sample voters in the poorest parts of the country or the core support bases of different political parties, explains Professor Atanu Biswas of the Indian Statistical Institute, Kolkata.
Punjab National Bank has the largest share.
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
It's time you up your skills set to stay relevant in the industry.
India are favoured to extend their dominance while West Indies face insurmountable odds to draw parity, in the second One-day International, in Visakhapatnam, on Wednesday.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts
Presenting some of the good, bad and ugly looks of the week.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
An insatiable Lionel Messi hit a hat-trick as Barcelona hammered Espanyol 5-0 in a local derby on Saturday to make it three wins from three and take full advantage after Liga champions Real Madrid were held to a 1-1 draw at home to Levante.
