Indian pharmaceuticals industry is expected to log in a revenue growth of 8-10 per cent in current fiscal aided by a steady domestic growth and increased exports to regulated markets
The Rs 10 lakh crore sector is likely to witness revenue growth plunging by up to 9 percentage points to 10-12 per cent in FY24 as against the nearly 20 per cent growth estimated in FY23, Crisil Ratings said
Mumbai: Aided by low base and the rising advertising and subscription revenue, the print media is likely to clock a 20 per cent topline growth to Rs 27,000 crore next fiscal, but soaring newsprint prices may tear off 300-350 bps of operating profitability for the sector, says a report. In a report on Thursday, rating […]
New Delhi: Net leasing of the office space across seven major cities will reach 90-95 per cent of the pre-Covid-19 level during the next financial year, on fresh hiring and return of employees to workspace, according to rating agency Crisil. Net leasing refers to the absorption of new office space less space vacated by tenants. […]
Crisil estimate is based on an analysis of 300 companies, which account for 55-60 per cent of the market capitalisation (excluding financial services and oil companies)
Crisil said that the second Covid wave has thrown cold water over the Indian economy that was beginning to warm up after witnessing the most severe contraction since Independence.
Crisil Ratings in a note issued said that the healthy order book position of the road EPC companies, is expected to improve further supported by new project awarding momentum.
The remaining 4 GW may have some hope because CRISIL expects 25-50 paise increase in tariffs at the upcoming auctions because new projects will have to bear basic customs duty applicable on import of solar cells and solar modules.
As the impact of the pandemic wanes, the government's move to increase spending on infrastructure augurs well for the automobile sector and, in turn, for the automotive components makers.
The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation
Excluding these two items, fiscal deficit could have been lower by 0.5-1.0 per cent in fiscal 2021 and 0.6 per cent in fiscal 2022, the rating agency's research report said.
During the year, the 44-player industry has added Rs 4.5 lakh crore to the AUM, while in 2019 it grew 18 per cent from Rs 22.86 lakh crore in 2018, when it had grown only 7.5 per cent