Globe Civil Projects gets rating outlook upgrade after successful IPOInfomerics Ratings has upgraded Globe Civil Projects' bank facilities outlook to 'Positive' from 'stable' following a successful Rs 119 cro...
India's Capri Global Capital plans $733 million fundraise in FY26, exec saysIndia's Capri Global Capital plans to raise 65 billion rupees ($732.9 million) through a combination of bonds and loans in this financial y...
Defence stocks jump up to 3% amid rising Iran-Israel tensions, defence budget boost hopesThe surge in defence stocks came amid escalating Iran-Israel tensions and expectations of a higher defence budget from the Indian governmen...
Equinox India entity raises Rs 950 crore via NCD issueThe 48-month NCDs, issued by Lucina Land Development (LLDL), offer an interest rate of 13.00% and are backed by corporate guarantees from E...
BofA files Rs 715-crore anchor bid for Axis' SRs of Bilt GraphicThe SRs are from Axis Bank's 2017 assignment of ₹1,229 crore in Bilt Graphics' debt to Edelweiss Asset Reconstruction Company. As of Novemb...
Paul John single malts to step up exports, says company chairmanJohn Distilleries Ltd expanded its Goa distillery's capacity to 3 million litres annually, investing Rs 100 crore. This expansion aims to m...
NBFCs grow total credit share by 50% in a decade: InfomericsNBFCs, driven by personal loan and agriculture growth, faced RBI risk weight changes. SCBs saw 19.3% growth, with the HDFC merger aiding. B...
If Iran, China get involved, then Israel-Palestine war could go out of hand: Infomerics RatingsEconomist Manoranjan Sharma believes that the situation in the Middle East is evolving and could potentially escalate if the Israel-Palesti...
BoM likely to raise up to Rs 1,000 crore via tier-2 bonds“They are looking at a base issue of 200 crore and a greenshoe option of 800 crore. The bidding could take place on August 9,” a source awa...
Goldman sells Rs 1,100-cr loans to Edelweiss Alternate FundEdelweiss Alternative Fund acquired the loans for ₹650 crore, one of the people said.Edelweiss Alternative Fund and Goldman Sachs did not r...
RBI notifies revised list of accredited credit rating agenciesOn a review, banks are advised to use the ratings of the following domestic credit rating agencies for risk weighting their claims for capi...
Adani Properties raises Rs 800 crore from Credit SuisseAPPL, which raises finances for Adani Group companies, borrowed Rs 2,525 crore this fiscal year starting April at an average rate of 15% pe...
Dhani to raise up to Rs 300 cr through public NCD issueThe bond sale will open for subscription on Tuesday and close by January 27
Despite hit by Covid, India’s steel production increases by 25.6%: ReportThe exports for the current fiscal are expected to surpass that of FY21 as it has already crossed 70% of that year.
India needs a comprehensive rice strategy to deal with challenges: ReportThe report said that the rice production is beset with a variety of risks. High fertilizer price, plummeting water table, soaring agricultu...
Infomerics Rating to expand in 3 cities, hire 30 professionalsThe rating market has widened with every corporate now looking to rate their bonds before raising capital in private placement market.
Infomerics Rating gets RBI nod as full-service rating companyInfomerics Rating has been rating various money market & capital market instruments and carrying out issuer ratings for the last two years.