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Multiplexes are set to log operating losses for the second straight fiscal as localised lockdowns, night curfews and other restrictions to contain the resurgence of Covid-19 infections will keep occupancies low for the next few months, according to Crisil Ratings.
Global steel prices will remain elevated in the first quarter of this fiscal due to higher realisations and new capacities coming on stream before cooling sequentially, according to Crisil.
Metal fabrication, automotive components, ship-breaking, paper and engineering sectors are likely to suffer with demand for medical oxygen soaring and the central government barring industrial use, according to global analytics firm Crisil.
Crisil has assigned A/stable rating to long-term bank facilities of Snowman Logistics, reflecting its established market position in the temperature-controlled logistics segment and benefits from continued parentage due to operational and strategic linkages with its parent Gateway Distriparks Ltd (GDL).
Crisil has downgraded its ratings on bank facilities of Inox Leisure Ltd (ILL) to A+/Negative/A1 from AA-/Negative/A1+.
Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative.
The domestic mutual fund industry's assets under management (AUM) dipped 1 per cent on-month in March because of net outflows from open-ended debt funds but cumulative inflows in fiscal 2021 equalled Rs 2.09 lakh crore while the asset base expanded 41 per cent.
A spurt in volumes on a low base coupled with improvement in realisations riding on higher commodity prices lifted corporate revenue 15 to 17 per cent on-year to Rs 6.9 lakh crore in the fourth quarter of fiscal 2021, according to a recent Crisil Research estimate.
Dare2Compete Awards 2021 has wrapped up with some intriguing insights to ponder. As the rankings in various categories were revealed one by one in a digital avatar, D2C Campus Employer Branding Report 2021 particularly stood out, garnering the attention of every corporate and student alike.