Page 16 - Crisil

E-commerce, pharma sector to revive demand for packaging paper: CRISIL

A strong revival in consumer spending amid waning impact of the Covid-19 pandemic will help the paper packaging industry bounce back with a revenue growth of 15% this fiscal

Steel demand firm, but higher input costs to pare margin in H2: CRISIL

Next fiscal year, steel demand is expected to grow at a moderate pace of 6.5-7.5%, led by further pickup in construction activity

Easing supply and pent-up demand to boost auto sales: A CRISIL analysis

Commercial vehicle (CV) volumes are expected to rise 20-22 per cent this fiscal, aided by economic recovery and the government's infra spending.

Ashu Suyash to join Kotak Mahindra Bank's board as an independent director

Suyash's appointment, for five years, will be effective from Jan 24, 2022

Subdued demand reduced freight rates for mining, steel in Nov: Crisil

Freight rates for mining, cement, and steel have seen some corrections on-month in November as infrastructure-building activities were subdued, ratings agency Crisil said.

Cement price likely to increase by Rs 15-20 per bag, says Crisil

The rise in price has been attributed to inputs commodity cost pressure such as coal and diesel supported by rising demand

NBFC fragile assets likely to rise to 5-6% by March 2022: Crisil

Asset quality pressures vary across asset classes. While home and gold loans have been relatively less affected, unsecured credit and SME loans faced brunt

Sluggish exports may cap pharma YoY revenue growth in FY22, says Crisil

Revenue growth of India's pharmaceutical sector is expected to "moderate" to 9 per cent in FY22, as compared with a healthy rise of 12.5 per cent during the previous fiscal, Crisil said

Richest 20% facing more inflation than poorest 20%, says CRISIL

The gap widened in rural areas in October relative to September as inflation for the bottom 20 per cent fell more

Fund Pick: Why Canara Robeco Bluechip Equity Fund is a winner

The fund's investment objective is to provide capital appreciation by predominantly investing in companies having a large market capitalisation

CRISIL Ratings withdraws Spicejet rating on 'non-cooperation'

The ratings agency has withdrawn the rating of Spicejet and put it under "non-cooperative" category

Less than 1% of companies went for restructuring under second offer: Crisil

Rating agency says tepid response despite second wave reflects positive turn in demand outlook, and anxiety about negative stakeholder perception of restructured firms

Chip shortage: Crisil, Ind-Ra cut growth forecast for passenger car market

Supplies unlikely to ease before end of 2022, downside risk remains; normalisation can only be envisaged by end of second half of next calendar

Revenues of auto-parts SMEs set to grow 10-14% in FY22: Crisil SME Tracker

The increasing desire for personal mobility is driving passenger vehicle and two-wheeler sales growth.

MSME stressed assets likely to touch 18% by March 2022, says CRISIL

For the retail credit, rise in stressed assets is pegged at 4-5 per cent in March 2022 from 3 per cent estimated in March 2021

Amid higher costs, steel firms may raise prices in the coming months

CRISIL Research and industry experts say a recovery in domestic demand since the second half of September can also prompt the hikes

MTAR Technologies rallies 11%, hits all-time high on heavy volumes

On Tuesday, CRISIL upgraded the credit rating on the company's long term bank facilities to A-/Stable from BBB+/Positive and short term bank facilities to A2+ from A2

India Inc set to post 18-20% revenue growth in Q2, says Crisil report

India Inc is set to post an 18-20 per cent revenue growth for July-September as compared to the year-ago period, domestic rating agency Crisil said on Thursday

Crisil elevates Amish Mehta as MD & CEO; to replace Ashu Suyash

S&P-owned domestic rating firm Crisil on Thursday announced elevation of Amish Mehta as the new Managing Director and Chief Executive Officer with effect from October 1 in place of Ashu Suyash. Suyash has decided to step down to set up her own venture, the company said in a statement, adding that the change is in line with an announcement to this effect by the company board in July 2021. Mehta has more than two decades of leadership experience across industries and joined Crisil in October 2014 as President and Chief Financial Officer. In July 2017, he was elevated as the President and Chief Operating Officer, responsible for the global analytical centre, India research and SME, the global innovation and excellence hub and corporate strategy. As the Chief Operating Officer, he led its acquisitions and change agenda while creating a growth path for the businesses managed. Mehta is a chartered accountant and was the CFO of Indus Towers prior to joining Crisil. Before that he was ...

Asset monetisation plan hinges critically on road assets, says Crisil

The success of the Centre's recently announced national monetisation pipeline (NMP) plan hinges critically on road assets, rating agency Crisil said on Monday.