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The #Budget21 would be expansionary, with the total expenditure of the Government expected to increase to ₹32-33 lakh crore from ₹30.4 lakh crore in 2020-21 (budget estimate), according to CARE Ratings.
We should moderate our expectations. What i would be looking for is something more pragmatic: Madan Sabnavis, Chief Economist, CARE Ratings, tells TIMES NOW. | #Feb1WithTimesNow
CARE Ratings subsidiary on SEBI radar for providing misleading information on Oaktree’s bonds for acquisition of DHFL For more stories like this one and for full access to exclusive premium content, subscribe to @bsindia |
Prince Pipes says CARE Ratings revises rating outlook to positive from stable
A subsidiary of CARE Ratings is under Sebi scanner for providing misleading information that Oaktree’s bonds to be issued to the Indian lenders for acquisition of DHFL are ‘AAA’-rated @ParagonWorli18 & @shrimichoudhary report
Indian Hotels: CARE Ratings revises rating outlook to stable from negative
In a credit quality assessment, CARE Ratings has found out that credit quality has moderated to over 6-yr lows in FY21. Smita Rajpurkar of CARE Ratings talks to @SurabhiUpadhyay @Reematendulkar & says, hospitality, tourism & real estate saw the maximum COVID-related #downgrades
APL APOLLO TUBES NSE 862 CARE RATINGS REVISED THE LONG-TERM RATINGS ASSIGNED TO THE BANK FACILITIES OF THE COMPANY WITH A STABLE OUTLOOK.
FPA Global Opportunity Fund A Series Fund of FPA Hawkeye Fund LLC sold 997,546 shares of Care Ratings to Phaeacian Accent International Value Fund at Rs 521.08 per share. The former offloaded most of its 3.45% stake in the company.
The interest cover ratio for a sample of 3,452 companies across all sectors, excluding banks and NBFCs, has followed an expected U-shaped pattern — declining for two quarters before recovering in September 2020, says CARE Ratings.
Care Ratings downgraded long-term bank borrowings of Srei Infrastructure Finance by one notch to BB+. According to the Care Ratings statement, between March-September, the company’s liquidity condition has worsened materially.
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