For asset reconstruction companies (ARCs), rising power consumption to boost recoveries from stressed operational thermal plants, says Crisil Ratings
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The fiscal year is expected to see a continued boost in industrial activity from improving domestic consumption
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The rating agency asserted that the improvement would be driven by Indian airlines deploying additional aircraft and adding new routes in the international segment, as well as their inherent advantage of superior domestic connectivity compared with foreign carriers.
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Crisil Ratings says that operating margin is likely to recover 50-60 bps with stable prices
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