News for CRISIL Limited (CRISIL.BO)

A mutual fund registered with SEBI regulations can set up an SIF, provided it has been operational for at least three years and has maintained an average assets under management (AUM) of Rs 10,000 crore over the past three years, or by following the alternate route.

TP Solar Limited, Tata Power’s solar manufacturing arm, has bagged a Rs 632 crore worth contract from SECI. The Tata group firm would supply 292.5 MWp DCR solar modules to SECI, as per a stock exchange filing.

Fortis Healthcare Ltd., Blue Star Ltd., and 360 ONE WAM Ltd. are among the Indian companies added to the FTSE All-World Index. Other additions to the index include Ajanta Pharma Ltd., Apar Industries Ltd., Bajaj Housing Finance Ltd., BSE Ltd., Central Depository Services (India) Ltd., Crisil Ltd., Fertilisers and Chemicals Travancore Ltd., IndusInd Bank Ltd., Kaynes Technology India Ltd., National Aluminium Company Ltd., and Premier Energies Ltd.

The FTSE India March 2025 semi-annual review is scheduled to be announced on Friday with adjustments effective March 21, 2025. The revision is anticipated to generate significant trading flows.

Sammaan Capital Limited launches NCDs worth ₹300 crore with interest rates between 8.88% and 10.75% per annum.

RBI filed a plea to initiate insolvency against AVIOM India Housing Finance, the NCLT has admitted the plea.

The Canara Robeco Equity Hybrid Fund aims to achieve long-term capital appreciation by maintaining a balanced portfolio of equity and debt investments.

In January, mutual funds bought stocks worth Rs 575 billion in India's secondary market, with key additions in Axis Bank, HDFC Bank, and ICICI Bank. Major reductions were seen in Reliance Industries, ITC, and Bharat Electronics. Notable entries included Adani Wilmar in mid-cap and AXISCADES Technologies in small-cap. Mutual funds actively managed their portfolios, focusing on large, mid, and small-cap stocks.

Crisil Ltd. on Monday posted a 7% rise in net profit in the quarter ended Dec. 31, 2024. The ratings agency posted a consolidated bottom line of Rs 224.7 crore, as against Rs 210.1 crore posted in the year-ago period, according to an exchange filing on Monday. The revenue, however, slipped marginally by 0.5% to Rs 912.9 crore in the fourth quarter — the company follows a January-December fiscal year cycle. In comparison, Crisil had clocked a revenue of Rs 917.74 crore in the Dec 2023 quarter.

Stocks including LIC, Bharat Electronics, Vedanta, Glenmark Pharma, Cipla, FirstCry, NHPC, VA Tech Wabag and more will be in the spotlight on Monday, February 10.

The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth, according to experts. Repo rate is the interest rate at which the RBI lends money to commercial banks.

Ambuja Cements Q3 earnings: Ambuja Cements gave a positive outlook for its business and said it would continue to grow at a faster speed than the industry.

Zen Technologies shares price: The stock hit a 52 week low of Rs 762.65 on January 29, 2024 and touched a 52 week high of Rs 2627.95 on December 24, 2024.

Zen Technologies shares closed 5.69% lower at Rs 1743.35 on BSE in the previous session.

Kotak BSE Sensex Index Fund, an open-ended scheme tracking the BSE Sensex, opens for subscription on January 27 and closes on February 10, with continuous sale and repurchase starting February 17. The fund aims to deliver returns mirroring the total returns of the BSE Sensex, before expenses, subject to tracking errors.

Newgen Software's stock drops 10% after Jefferies downgrades its earnings outlook due to slower growth in India and longer execution cycles. Learn more why.

Union Budget:India's fiscal deficit reduced from a record 9.2% of GDP in fiscal 2021 to 5.6% last fiscal. The government aims for further reduction, but ongoing economic challenges necessitate a balanced approach. Sustained tax revenue growth and strategic fiscal spending are crucial for achieving fiscal consolidation without compromising growth.

Invest in quality debt instruments through secondary market bonds, focusing on credit rating, YTM, and liquidity for optimal returns.

India will see a five-fold growth in green investments to Rs 31 lakh crore between 2025 and 2030; renewable to lead followed by automotive and oil & gas, says Crisil