Care Ratings
Business  /  Published 16.12.20

Rating rap for Srei Infra Fin

CARE has revised its ratings of Srei Infrastructure Finance’s (SIFL) bank facilities, long term infrastructure bonds and non convertible debentures to credit watch with negative implications. T...
By A Staff Reporter in Calcutta

Business  /  Published 28.11.20

Fiscal deficit balloons

The fiscal deficit widened to Rs 9.53 lakh crore, which is 119.7 per cent of the Rs 7.96-lakh-crore budgeted target, at the end of October of the current financial year. The deficit widened mainly on...
By Our Special Correspondent in New Delhi

Opinion  /  Published 15.09.20

Tumbling down: Slump in the GDP

The -23.9 per cent shrinkage in the April-June GDP is not a surprise as nearly half the period witnessed a national lockdown. It’s also not surprising that this loss is the world’s steepes...
By Renu Kohli in

Business  /  Published 18.02.20

Vodafone stocks tumble on rating downgrade

Shares of Vodafone Idea on Tuesday tanked over 16 per cent due to rating downgrade on AGR dues and other issues of the company.On the BSE, the stock plunged 14.91 per cent to trade at Rs 2.91 in early...
By PTI in Mumbai

Business  /  Published 02.05.19

PNB Housing fights rating to raise $1bn

PNB Housing Finance on Thursday said it planned to raise up to $1 billion (around Rs 6,954 crore) from the overseas markets apart from an additional Rs 10,000 crore by issuing bonds.The fund raising ...
By Our Special Correspondent in Mumbai

Business  /  Published 29.11.19

Core output shrinks 5.8%

The infrastructure sector contracted for the second consecutive month by 5.8 per cent in October from a year ago, indicating the severity of the economic slowdown. Data showed that as many as six of t...
By Our Special Correspondent in New Delhi


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