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BRICKWORK NEWS
High alert in surrounding areas of iconic 'leaning tower' over risks of possible collapseAreas in close proximity to the iconic 'Leaning Tower' called Garisenda Tower in Italy's Bologna have been evacuated over possible risks of...- SAT quashes SEBI order cancelling Brickwork Ratings' licenceThe Securities Appellate Tribunal (SAT), which hears appeals against orders passed by SEBI, said violations by Brickwork Ratings "were not ...
- Insolvency petition a ruse for loan write-offs? Major bank union to oppose Go Airlines' write-offsThe All India Bank Employees' Association (AIBEA) will oppose banks writing off a part of their loans to Wadia group's Go Airlines (India) ...
- Brickwork founder says Sebi penalty is disproportionateThe regulator had directed Brickwork Ratings to wind down its operations within six months and also barred it from adding any new clients f...
- SAT grants interim relief to Brickwork RatingsThe punitive regulatory action came after Sebi observed the credit rating agency failed to follow the proper rating process and exercise du...
- Indicators point to economic recovery, but recouping may be fragile: ReportIt estimated that the economy is likely to contract by 13.5 per cent in the second quarter (July-September), and the contraction in FY21 (A...
- Four shut Franklin schemes hit by defaultsFour among the six shuttered debt schemes of Franklin Templeton Mutual fund saw a fall in their Net Asset Values or NAVs after two entities...
- Essel Infra defaults on repayment to Franklin TempletonFour schemes of Franklin Templeton have an exposure of ₹493.3 cr to Essel firm, as per data.
- Investors pile into roadbuilders’ shares ahead of Union BudgetFM Nirmala Sitharaman outlined $1.5 trillion in infrastructure investment last month.
- IL&FS' rating agencies made professional compromises, says Grant ThorntonThe role of five CRAs- CARE, Icra, India Ratings, Brickwork and CRISIL have been under review.
- From MF, radio arms to head office, Anil Ambani selling anything that has a priceAsset sales would help Ambani bolster the financial health of his group’s companies.
- Brickwork downgrades outlook on Edelweiss NCDsLast week, ICRA had cut Edelweiss Financial’s long-term NCD rating to AA- from AA with a negative outlook.
- Cox & Kings stock hits 10% lower circuit after defaultThe company has cash on books of around Rs 1,800 crore.
- Anil Ambani needs $2 billion in asset sales to save last bastionThe company told exchanges on April 27 that it only has short-term debt of Rs 950 crore.
- DHFL tanks 5% as Brickwork Ratings cuts credit ratingDHFL had called the rating decision as ‘irrational’.
- IL&FS fiasco: Why rating agencies need a reformThe IL&FS fiasco has brought the question of the relevance of rating firms to the fore.
- How Supertech triggered Round II of NBFC selloff? Is there more to it?Members also warned about the risks associated with the higher HRA and the passthrough impact on inflation.
- Market Now: Nifty FMCG index up; ITC, P&G, Dabur top gainersIn the Nifty50 pack, 33 stocks were trading in green, while 18 stocks were in red.
- Man Friday's just a click away: Virtual PAs are inVPA firms are increasingly becoming one-stop shops for a range of office, administrative and secretarial tasks as executives struggle to ju...
- US senator outsources speech to IndiaLast year, the UK govt is said to have outsourced a pre and post election work to a BPO firm in Bangalore.
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