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Hedging strategies shield gold retailers from price volatility: CRISIL

CRISIL, a leading rating agency, believes that gold retailers rated by it will maintain stable credit risk profiles on the back of prudent inventory hedging. These hedging strategies help retailers insulate their margins from volatility in gold prices, and...

Saturated metros take gold jewellers to tier I, II locations

Driven by rising incomes, smaller cities and towns are expected to drive consumption of jewellery. Jewellery retailers are expected to derive over half their revenues from small towns by 2012-13, as against around 40 per cent in 2009-10, according...

Retail loan quality deteriorating in India: CRISIL

Ratings agency CRISIL said that Indian retail loan quality has deteriorated with rising interest rates, and some lenders could suffer significant losses. The agency expected gross non-performing retail loan assets to increase to around four per cent of total retail...

Retail loan defaulters to grow by 2009: CRISIL

The next time you swipe your credit card to pay your bills in a retail outlet, make sure you pay back the money to the bank, as not doing so would increase the count of non-performing asset (NPA) for...

Deven Sharma is president of S&P

Deven Sharma is the first Indian to be appointed as president of Standard & Poor’s. Sharma was the executive vice-president of S&P’s investment services and global sales since last November. He replaces Kathleen Corbet and will be directly reporting...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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