India Inc’s credit quality remained robust in FY24, say rating agencies

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India Inc’s credit quality remained robust in FY24, with the number of entities upgraded outpacing those downgraded even as the outlook on this front remains positive for the new financial year, going by credit rating agencies’ (CRAs) assessment of India Inc’s credit profile. Rating agencies observed that resilient economy, robust domestic consumption demand across several … Read more

India Inc boosts capex cycle on brimming economic confidence

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After much cajoling, India Inc has finally opened up its purse and started announcing big-ticket investments and putting money on the table. Also read:After a strong Q3, India Inc’s input cost advantage starting to wane Kumar Mangalam Birla-led Grasim Industries, which has announced a ₹10,000-crore plan for its debut in the decorative paint segment, will … Read more