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Moody's India arm ICRA hires former L&T exec as CEO

Finance

Moody's India arm ICRA hires former L&T exec as CEO

Ratings firm ICRA Ltd, the local arm of global giant Moody’s, has appointed a former Larsen & ...

Asset quality of housing lenders likely to worsen, warns ICRA

Finance

Asset quality of housing lenders likely to worsen, warns ICRA

Indian housing finance companies (HFCs) are likely to face worsening of asset quality this year, ...

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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 ...

Coronavirus, IBC suspension to drag down realisations for creditors: ICRA

Finance

Coronavirus, IBC suspension to drag down realisations for creditors: ICRA

The coronavirus pandemic and the suspension of new proceedings under the Insolvency and Bankruptcy ...

Budget math changes as govt increases FY21 borrowing by 54%

Economy

Budget math changes as govt increases FY21 borrowing by 54%

The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March ...

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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 ...

SEBI fines credit rating agencies for IL&FS debt rating

Finance

SEBI fines credit rating agencies for IL&FS debt rating

India’s market regulator on Thursday fined two leading credit rating agencies 2.5-million-rupees...

Moody's India arm ICRA sacks CEO Naresh Takkar

Finance

Moody's India arm ICRA sacks CEO Naresh Takkar

Ratings firm ICRA Ltd said on Thursday it has fired managing director and chief executive Naresh ...

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 & ...

Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions

General

Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions

The Cabinet’s approval of several changes to the bankruptcy law, such as increasing the resolution...