Ratings of Adani group entities under continuous surveillance: CRISIL

The rating agency CRISIL, the Indian arm of Standard and Poor’s (S&P), today said that it keeps all outstanding ratings, including that of Adani group entities under continuous surveillance. Any adverse regulatory or government action in the wake of the research report, emerging issues around corporate governance will be key monitorable, CRISIL said in a … Read more

Second Covid wave will delay air traffic recovery to end of FY23: Crisil

Ratings agency Crisil on Thursday said air traffic is expected to slump in FY22 and fully recover only by fourth quarter of next fiscal due to “the debilitating consequences” of the second Covid-19 wave in India. The forecast is based on data analysis for top four private airports — Delhi, Mumbai, Bengaluru and Hyderabad – … Read more