The credit ratio - that is, the ratio of upgrade to downgrade - decreased sequentially to 1.67 in the first half of FY24 from 2.72 in the second half of FY23. The credit ratio, though, is slightly higher than its 10-year average of 1.54 and is expected to remain range bound, CareEdge said.
Vedanta Ltd. is reportedly considering a restructuring plan that would involve spinning off its businesses into separate listed entities. The move is aimed at helping Anil Agarwal, the tycoon behind the company, manage its debt load. The businesses that could be separately listed include aluminum, oil and gas, iron ore, and steel.
Aquaconnect, a full-stack aquaculture platform, is expanding into West Bengal and Uttar Pradesh to strengthen its presence in the domestic market. The company aims to optimize its service offerings and triple its AquaPartner network by the end of the year. Aquaconnect is focusing on these states due to their significant contributions to India s fish production and the untapped potential in the domestic market. The company aims to bring transparency to the aquaculture value chain and promote sustainability in the industry.
Tata Consultancy Services (TCS) has retained its top position as India s most valuable brand for the second year in a row, with a brand value of $43 billion. HDFC, Infosys, and Airtel ranked second, third, and fourth respectively, while State Bank of India entered the top five.
This masterclass is an immersive learning experience that offers a unique chance to gain firsthand insights from Dr. Blumberg and other luminaries in the field, including Dr. Dave Ulrich and Dr. Fermin Diez.