Adani Ports assigned ‘AAA’ credit rating by CARE
CARE has assigned ‘AAA’ ratings with stable outlook to Adani Port’s long and short term bank facilities and its NCDs.
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PNB Housing Finance shares rally 14% on rating upgrades; Morgan Stanley pegs 54% upside
Last week, ICRA and CARE upgraded PNB Housing Finance's long-term ratings, citing its improved asset quality metrics as well as strengthened capitalisation profile.
RIL shares rise after NCLT approves demerger of financial services unit
RIL will take necessary steps including fixing the record date for allotment and listing of equity shares of Reliance Strategic Investments on stock exchanges.
Demand for CNG vehicles unaffected by rise of gas prices: CARE Ratings
CNG car sales volumes were up by 40.7% in FY23 despite a 49% increase in CNG average prices during the year.
SEBI bars ex-CARE Ratings MD, CEO Rajesh Mokashi for 2 years
SEBI action comes amid a probe into the matter of interference and manipulation in the rating process at CARE and granting AAA ratings to clients paying higher fees, including DHFL
CARE Ratings shares nosedive 18%; here’s why
CARE Ratings shares dropped 18% to hit a 52-week low of ₹450 on the BSE amid a surge in volume trade.
