Adoption of digital means for sales helped a majority of small businesses survive the pandemic, a Crisil survey said
Corporate profits rose 15 per cent to touch an all-time high in the September quarter
Govt finances might affect economic recovery
More business shifts to key developers amid pandemic chaos
FY21 is going to be a difficult year for the realty sector with primary sales likely to decline by 50 per cent in top 10 cities, a report said on Thursday.
The corporation has invested $600 mn in its Indian operations in 2020
This is despite the fact that two-thirds of Crisil-rated entities are eligible for restructuring, based on Kamath Committee parameters
Rural India accounted for 18% of new infections in June, and as much as 40% in Sept; The spike appears to have an inverse relationship with rural sales, says a Crisil note
The demand, especially from individuals for meeting urgent personal requirements and from micro enterprises for working capital to restart businesses, would propel gold loan growth
The Secured NCDs proposed to be issued under this Issue have been rated "AA" by CRISIL and "AA" by ICRA
The ratings are a result of the pandemic weakening the company's business and financial risk profiles
However, there are signs of recovery as September saw a rebound in securitisation transactions to Rs 10,000 crore
The credit quality pressure on India Inc is likely to persist in H2FY21, with downgrades outnumbering upgrades, according to the rating agency
AIFs are sophisticated investment vehicles for the wealthy
Living up to its moniker of a defensive bet, the Rs 2.8 trn Indian pharmaceutical sector is set to emerge more or less unscathed from the Covid-19 pandemic this fiscal, CRISIL said on Thursday.
Exports and domestic formulations account for an almost equal share in the Rs 2.8-trillion domestic pharma sector, CRISIL said
Crude steel production fell a lower 27 percent on-year despite a massive 38 percent decline in domestic demand between April and August
RBI's loan restructuring will soften the blow on reported GNPAs but the underlying challenges will continue
Non-banking financial companies (NBFCs) are likely to see up to 250 basis points (bps) increase in their delinquencies in the current fiscal, says a report
The number of new store additions is expected to reduce to almost a third of the average between fiscals 2017 and 2020, it said