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Delta honoured with double A-list ratings by CDP for 3rd time
This year’s double “A” score was granted to only 61 companies out of over 21,000 worldwide based on their superior contribution to climate change and water security challenges.Read more
Nirma plans Rs 3,500 cr NCDs issue for GLSL acquisition and business growth
CRISIL, the rating agency, has assigned an “AA” rating to Nirma's proposed NCDs, reaffirming ratings on the company's existing bank facilities and debt instruments.Read more
Auto dealers to clock 8-10% revenue growth as volume normalises
Sales volume growth will normalise this fiscal from the 17.3% surge last fiscal, due to the high-base effect (especially in the commercial vehicle [CV] and passenger vehicle [PV] segments) as well as factors specific to different vehicle segments.Read more
Middle East conflict: India Inc not in the crosshairs for now
Some sectors such as fertilisers and diamonds — both cut and polished — may see a slight, but manageable, impact, while for most others impact will be insignificant.Read more
Is there a widening impact of Israel -Hamas war on Indian economy?
Israeli–Palestinian conflict is deeply affecting the world economies. Indian manufactures and exporters also concerns on its effect on the country’s economic relations. Ayushi Khandelwal evaluates the effects of the war on Indian economy.Read more
India launches Solar Star rating program to boost energy efficiency
Developed by the Bureau of Energy Efficiency (BEE), this initiative will be effective from January 1, 2024, to December 31, 2025.Read more
India's private capex faces challenges amidst optimism
India Ratings and Research (Ind-Ra) suggests a potential uptick in private investment if certain economic conditions persist.Read more
SIDBI offers 100% financing for MSMEs' Green Energy Projects
SIDBI is prepared to extend loans with 100% coverage, offering interest rates as low as 7-8%, contingent upon the credit ratings of the applicants.Read more
Tata Electronics plans over Rs 500 Cr loan for Hosur Expansion
The inaugural phase (referred to as 1A) of its manufacturing facility commenced operations in December 2022, with a total project cost of Rs 4,225 crore, funded in a 70:30 debt-equity ratio.Read more
CRISIL forecasts a 35% surge in road and renewable energy investments by 2024
The report highlights that favourable policies, escalating investor interest, and effective project implementation will contribute to this capital outlay expansion in these sectors.Read more