CRISIL upgrades Tata Power's outlook to positive
The revision in outlook reflects the possibility of better-than-expected business risk profile if the improvement in operating profitability in fiscal 2024
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Crisil downgrades Vedanta’s long-term rating; here’s how stock reacted
Vedanta’s long-term rating downgraded to 'CRISIL AA-' and revised to 'Watch with Developing Implications'; short-term rating placed on 'Watch Developing'.
Crisil revises Vedanta outlook to 'negative' citing large dividend payout
The dividend payout by Vedanta for fiscal 2023 will be more than ₹40,000 crore, including the recent dividend announced by Hindustan Zinc, says Crisil.
Highway toll collections to rise 16-18% in FY23: CRISIL
In the next fiscal, the traffic growth is expected to taper to 4% to 6% but will remain higher than the four-year compound annual growth rate (CAGR) of 2% to 3% seen through fiscal 2022.
NBFCs' AUM to grow 13-14% next fiscal: CRISIL
Housing finance companies could keep losing market share to banks amid intense competition on interest rates, says CRISIL.
Govt's fertiliser subsidy bill to jump by ₹40,000 cr: Crisil
Continued surge in the price of gas has necessitated further subsidy, says Crisil.
Crisil upgrades Vedanta's credit rating to 'AA'
The rating agency cited stronger-than-expected EBITDA driven by elevated commodity prices during FY22 for the rating upgrade.
