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Business Standard - Markets 11d ago

Crisil Ratings reaffirms ratings of Pradeep Metals at 'BBB/A3+'

Pradeep Metals said that Crisil Ratings has reaffirmed its 'Crisil BBB/Stable/Crisil A3+' ratings on the bank loan facilities of the company.

BANKINDIACRISILPRADPMEAutomobile and Auto ComponentsFinancial Services
EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: Crisil
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ET Markets - Industry 30d ago

EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: Crisil

Indian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex across FY27 and FY28, according to CRISIL Ratings. The investment will focus on expanding EV portfolios, localising supply chains and boosting production capacity.

BFINVESTCRISILFOCUSTMPVVICTORYEVAutomobile and Auto ComponentsConsumer Durables