Search For "icra"
ICRA downgrades Taj GVK Hotels & Resorts to A-minus with negat
Updated : 10 hours, 7 min ago IST
New Delhi [India], September 28 (ANI): Taj GVK Hotels and Resorts said on Monday that ICRA has downgraded its long-term loans totalling Rs 166 crore to A-minus from A and short-term credit facilities worth Rs 30 crore to A2-plus from A1.
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Credit metrics of leading pharma companies to remain stable: ICRA
Updated : 2 days, 8 hours ago IST
New Delhi [India], Sep 26 (ANI): The global demand scenario for Indian pharmaceutical industry is largely expected to remain stable due to inelastic nature of prescription drugs, investment information agency ICRA has said.
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ICRA reaffirms JSPL's ratings with stable outlook
Updated : 5 days, 9 hours ago IST
New Delhi [India], Sep 23 (ANI): ICRA has reaffirmed ratings on Jindal Steel and Power Ltd's (JSPL's) bank facilities and non-convertible debentures due to its healthy standalone operating performance in FY21 despite subdued demand trends and challenging market conditions.
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Brokerage industry's revenues expected to reach Rs 23,000 crore in
Updated : 1 week, 2 days ago IST
New Delhi [India], Sep 19 (ANI): With increasing retail investor activity and a surge in trading volumes, the domestic brokerage industry's aggregate revenues are expected to reach Rs 23,000 crore in the current financial year, marking a year-on-year growth of 10 to 12 per cent.
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Fragmented economic recovery underway, more setbacks likely: ICRA
Updated : 1 week, 3 days ago IST
New Delhi [India], Sep 18 (ANI): The high-frequency lead indicators suggest that a fragmented recovery of the Indian economy is underway, investment information firm ICRA has said.
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US restrictions on textile imports from China may augur well for I
Updated : 1 week, 4 days ago IST
New Delhi [India], September 17 (ANI): The US move to impose restrictions on import of certain products originating from Xinjiang autonomous region in China could benefit Indian textile exporters, according to investment information firm ICRA.
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States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall:
Updated : 2 weeks, 4 days ago IST
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
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Buoyant agri-economy spurs sharp recovery in domestic tractor mark
Updated : 2 weeks, 5 days ago IST
New Delhi [India], September 9 (ANI): The tractor industry is estimated to have recorded 72 per cent growth in wholesale volumes during August and 27 per cent growth in retail volumes on a year-on-year basis, according to the latest research update by investment information agency ICRA.
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Airlines profitability to be eroded due to lower revenues, high fi
Updated : 2 weeks, 6 days ago IST
New Delhi [India], September 8 (ANI): Domestic air passenger traffic is likely to witness a de-growth of 41 to 46 per cent in the current financial year while international traffic may see a fall of 65 to 72 per cent, according to investment information agency ICRA.
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PBT margins of India Inc contract to multi-year lows of 3.6 per ce
Updated : 3 weeks, 2 days ago IST
New Delhi [India], Sep 5 (ANI): Financial results of 489 companies in the Indian corporate sector (excluding financial sector entities) show aggregate revenues contracting by 31.1 per cent on a year-on-year basis in Q1 FY21, according to investment information firm ICRA.
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Short payment time frame for AGR dues may dent telecom industry st
Updated : 3 weeks, 5 days ago IST
New Delhi [India], Sep 2 (ANI): The relatively shorter payment timeframe for telecom operators to repay AGR dues exerts additional pressure on their cash flows and necessitates sizeable average revenue per user (ARPU) increase that can have an impact on the industry structure, according to i
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ICRA reaffirms Aster DM Healthcare's rating, enhances limits
Updated : 1 month ago IST
New Delhi [India], Aug 29 (ANI): Investment information agency ICRA has reaffirmed Aster DM Healthcare's ratings on various financial instruments worth Rs 266 crore at A-minus and A2-plus, and assigned them for enhanced limits.
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