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The Mainland China share market finished session lower on Tuesday, 04 January 2022, as Beijings new cybersecurity rules overshadowed data showing signs of accelerating factory activity growth in December. At close of trade, the benchmark Shanghai Composite Index declined 0.2%, or 7.45 points, to 3,632.33. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, fell 0.1%, or 2.44 points, to 2,527.70. The blue-chip […]

In a major rating upgrade assigned by CARE Ratings, the ratings assigned to the long-term bank facilities of Jindal Stainless (Hisar) (JSHL) have been upgraded from CARE A+ to CARE AA- with a stable outlook. The rating for short-term bank facilities of the Company has been reaffirmed at CARE A1+. As per the report released by CARE, the ratings derive strength from the experience of […]

Navneet Education has received revision in credit ratings from CARE as under: Long term / short term bank facilities (Rs 450 crore) – CARE AA; Stable / CARE A1+ (revised from CARE AA+; Negative / CARE A1+) Short term bank facilities (Rs 2 crore) – CARE A1+ (reaffirmed) Powered by Capital Market – Live News

Anjani Portland Cement has received revision in credit ratings from CARE as under: Long term bank facilities – CARE A+; Stable (Reaffirmed and removed from Credit watch with developing implications; Stable outlook assigned) Short term bank facilities – CARE A1+ (Reaffirmed and removed from Credit watch with developing implications) Powered by Capital Market – Live News

Dish TV India has received revision in long term credit rating for bank loan aggregating Rs 450 crore at ACUITE BB (downgraded from ACUITE BB+) and ratings watch with negative implication. The rating on commercial paper is reaffirmed at ACUITE A4+ and withdrawn. Powered by Capital Market – Live News

The Indian rupee on Tuesday slumped 29 paise to close at 74.57 (provisional) against the US dollar, tracking the strength of the American currency in the overseas market. Growing concerns over the Omicron variant of coronavirus and its impact on economic recovery as well as firm crude oil prices weighed on the local unit. At the interbank foreign exchange market, the local currency opened at […]

Oriental Aromatics has received credit ratings from ICRA as under: Fund based term loan – ICRA A; Stable Fund based / non fund based limits – ICRA A; Stable / ICRA A2+ Powered by Capital Market – Live News

With effect from 03 January 2022

WTI Crude oil consolidated above $76 per barrel today as steady global equities supported the sentiments. Asian stocks stayed largely supported though some selling was seen in Chinese market. Chinese benchmark Shanghai Composite index ended down 0.20%. Hong Kongs Hang Seng closed flat. Japanese Nikkei 225 spiked 1.77%. European stocks edged up modestly. The US stocks saw a sound start to the new year with […]

The Executive Committee of the Board of Directors of Kalpataru Power Transmission at its meeting held today has approved the issuance of Listed Rated Unsecured Redeemable Taxable Non-Convertible Debentures of Rs. 200 crore on private placement basis. Powered by Capital Market – Live News