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CRISIL upgrades IIFL Finance’s outlook to ‘Positive’ from ‘Stable’

New Delhi, Nov 21 (IANS) Fairfax-backed IIFL Finance Limited, which is one of India’s largest non-banking financial companies, said on Tuesday that leading rating agency CRISIL has upward revised its outlook to ‘Positive’ from ‘Stable’. The agency has also reaffirmed the long-term rating at ‘CRISIL AA’ and short-term rating at ‘CRISIL A1+’.In the…
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Rupee fails to recover despite fall in US dollar

Mumbai, Nov 21 (IANS) The rupee failed to recover in morning trade on Tuesday despite a weak dollar and was hovering at the previous day’s record low of 83.34 against the US greenback at 11.28 a.m.Although the dollar index fell to 103.20,…

Markets have already factored in return of NDA in 2024

New Delhi, Nov 21 (IANS) Market participants, be it domestic or FIIs have already factored in return of the NDA in the upcoming general elections, JM Financial Institutional Securities said in a report.Only uncertainty (if any) would be on…