New Delhi, Feb 19 (IANS) Domestic annual sales of Compressed Natural Gas (CNG) vehicles are forecast to reach 1.1 million units by the end of the current financial year, driven by the government’s ongoing push for cleaner fuels, according to a Crisil report released on Wednesday. This will take the CNG vehicle count in India … Read more
New Delhi, Feb 18 (IANS) The US tariffs on the steel sector are unlikely to impact India because only 2 per cent of the country’s total finished steel exports in the first nine months of this fiscal were to the US, Crisil Intelligence said on Tuesday. The US move to slap a flat 25 per … Read more
New Delhi, Feb 4 (IANS) Indian offshore rig operators will see their operating profits surge 30-35 per cent in the next financial year, after a 25-30 per growth in the current fiscal year, according to a Crisil Ratings report released on Tuesday. “This increase will be on the back of continued renewal of rig contracts … Read more
New Delhi, Jan 30 (IANS) The cumulative recovery rate of security receipts for asset reconstruction companies (ARCs) is set to jump by up to 15 percentage points per annum, for the second straight year, touching 75-80 per cent by the next financial year, according to a Crisil Ratings report released on Thursday. The report attributes … Read more