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Techno Electric goes debt-free in pursuit of asset-light biz, but is it beyond pain?

Infrastructure

Techno Electric goes debt-free in pursuit of asset-light biz, but is it beyond pain?

Appearances can be deceptive. At first glance, Techno Electric & Engineering Company Ltd comes ...

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Infra projects face delays, cost overruns as lockdown, labour crunch compound woes

Infrastructure

Infra projects face delays, cost overruns as lockdown, labour crunch compound woes

India’s infrastructure sector faces tough times ahead as an economic slowdown and a months-long ...

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As coronavirus heightens default concerns, a look at India Inc's ‘unsafe debt'

Finance

As coronavirus heightens default concerns, a look at India Inc's ‘unsafe debt'

The coronavirus pandemic will likely force several businesses to default on their borrowings, even ...

CRISIL to acquire US analytics firm Greenwich Associates

Finance

CRISIL to acquire US analytics firm Greenwich Associates

CRISIL Ltd, a unit of S&P Global Inc., said on Friday it will acquire US-based data and analytics ...

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KKR hires senior credit exec as another exits in top-level rejig

Finance

KKR hires senior credit exec as another exits in top-level rejig

Private equity firm KKR has hired a senior executive from Edelweiss Group to bolster its India ...

India Inc's debt downgrades jump to highest since FY16

Finance

India Inc's debt downgrades jump to highest since FY16

Corporate India’s credit profile has worsened during the six months through September as the value...

How IL&FS used favours and pressure tactics to ensure good ratings

Finance

How IL&FS used favours and pressure tactics to ensure good ratings

Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & ...

Dewan Housing Finance says facing substantial stress, may not survive

Finance

Dewan Housing Finance says facing substantial stress, may not survive

One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on...

SEBI tightens credit rating norms after defaults, downgrades

Finance

SEBI tightens credit rating norms after defaults, downgrades

India’s market regulator on Thursday ordered enhanced disclosure norms for credit rating agencies ...

CRISIL to buy former Citi bankers' data analytics venture Pragmatix

TMT

CRISIL to buy former Citi bankers' data analytics venture Pragmatix

Ratings firm CRISIL Ltd, majority owned by S&P Global Inc, has agreed to purchase data analytics ...