CARE Ratings Ltd
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 across as ordinary. Established nearly six decades ......
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 though the central bank has allowed ......
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 ($35,058.20) each for their failure to carry out ......
Finance
Fund Scan: How Aditya Birla Private Equity lost its momentum
A little more than four years ago, Aditya Birla Private Equity invested in a Mumbai-based fashion garments maker. The September ......
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 Takkar with immediate effect. ICRA’s ......
Finance
CARE Ratings hires former Centrum top exec as CFO
India’s CARE Ratings Ltd has hired former Centrum Capital executive as its new chief financial officer, VCCircle has learned. Bharat Adnani, ......
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 & Financial Services (IL&FS) and its group companies ......
Finance
CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry
India's CARE Ratings Ltd has placed Chief Executive Officer Rajesh Mokashi on leave until further notice, the company said late ......
Finance
Why CARE Ratings is on the radar of global ratings giants
Credit ratings firm CARE Ratings Ltd seems to have one suitor too many.Late last month, global ratings firm Standard & ......
Finance
CRISIL acquires Canara Bank's stake in rival CARE Ratings
Ratings firm CRISIL Ltd, majority owned by S&P Global Inc, has acquired state-run Canara Bank’s 8.9% stake in smaller rival ......
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