Results
1 - 10 Results of 15
By issuing non-convertible debentures on private placement basis, Heidelberg Cement India plans to raise Rs 370 crore. The company said in a Bombay Stock Exchange (BSE) filing on November 28 that it has appointed India Ratings and Research, a Fitch group company, as the credit rating agency for the purpose of obtaining credit rating in view of the proposed issue of debentures.
In the cement sector, all eyes are focused on economic recovery. Cement demand in the current fiscal has been lower than the last one as a result of the following adverse impacts on construction growth:
The Indian cement sector has managed to bag ´stable´ rating outlook for FY17 from India Ratings and Research.
State power utilities’ (major power purchasers) insensitivity to projects’ debt service commitments and delays in making payments – problems specific to conventional energy developers – are now plaguing renewable energy projects, according to a recent report by India Ratings and Research (Ind-Ra).
India Ratings and Research (Ind-Ra) has maintained a stable outlook on the construction sector for FY18, driven by the expectation that the slow but steady increase in revenue and improvement in EBITDA margins seen during FY16 and 1HFY17 will continue in FY18. The sector is likely to witness a gradual improvement in credit metrics, although constrained by the companies under debt restructuring showing no signs of recovery.
The mine developer and operator (MDO) route presents a large growth opportunity for domestic engineering, procurement and construction (EPC) players with a demonstrated relevant track record, subject to attractive mine economics, according to India Ratings and Research (Ind-Ra).
India Ratings and Research (Ind-Ra) believes the cabinet ordinance to treat home buyers as financial creditors rather than operational creditors under the Insolvency and Bankruptcy Code 2016 (IBC) could be credit negative for the lenders of developers, while it may strengthen real estate buyers’ (end-customers) protection and boost the customer sentiment.
India Ratings and Research (Ind-Ra) has maintained a stable outlook for the construction sector for FY2020..
India Ratings and Research (Ind-Ra) has maintained an overall negative outlook on the real estate sector for FY2020.
India Ratings and Research (Ind-Ra) has maintained a stable outlook on the cement sector for FY2020.
