ICRA

Disappointed with contracted IIP data, India Inc pitches for sops to boost consumption-driven demand

Disappointed with the 0.7 per cent contraction in industrial output, India Inc has pitched for incentives to boost consumption-driven demand for attracting fresh investments.

Oct 10, 2016, 20:58 PM IST

IDFC issues commercial papers of Rs 700 crore

Infrastructure lender IDFC Ltd has issued commercial papers (CPs) worth Rs 700 crore earlier this week.

Sep 17, 2016, 19:11 PM IST

'Global investments to help developers acquire new projects'

With global investors committing over USD 2 billion in the Indian real estate sector, credit rating agency ICRA said developers would be able to acquire new projects and ensure healthy launch pipeline.

Aug 23, 2016, 16:43 PM IST

PSBs' loan growth to remain muted at 9% till FY19: Report

Loan growth of state-run banks is likely to be remain at a low 9 percent over the next three years due to their limited availability of growth capital, warns a report. 

Jul 14, 2016, 11:18 AM IST

Commodity prices, construction key for rural economy: Icra

While favourable monsoon will be vital for rural recovery, the trend in commodity prices and recovery in construction activities also hold equal importance, domestic rating agency Icra said.

Jul 10, 2016, 13:01 PM IST

Debt servicing ability of most large firms still weak: Report

Bloated credit profiles of corporates make their balance sheets vulnerable due to challenges from infrastructure, commodity meltdown and low consumption demand, leaving their interest coverage ability very weak, says a report.

Jul 03, 2016, 14:16 PM IST

Brexit unlikely to impact Indian auto component exports: ICRA

Britain's exit from the European Union is unlikely to have a major impact on Indian auto component exports to the region, ICRA said on Friday.

Jun 27, 2016, 17:53 PM IST

ICRA upgrades SITI Cable’s Long Term Ratings to A- from BBB+

Credit rating agency ICRA has upgrade the long term rating on term loans for SITI Cable Network Limited, an Essel Group Company to A- from BBB+ with a 'stable' outlook.

May 02, 2016, 19:08 PM IST

CAD to widen to $25 billion in FY17 on surge in gold imports, sluggish exports: Report

What may cause concerns for the Indian economy, country's current account deficit (CAD) is likley to widen to USD 25 billion this year from USD 20 billion in 2015-16 due to slowness in exports and sudden surge in gold imports, as per a report released on Friday.

Apr 28, 2016, 21:27 PM IST

Indian drug firms to face challenges in US market: ICRA

Indian drug firms have registered strong growth over last decade driven mainly by the US market on account of large brands going off patent and sizeable organic and inorganic expansion.

Apr 04, 2016, 19:01 PM IST

Large corporate credit profiles still under pressure: Icra

Domestic credit rating agency Icra today said despite a surge in the number of upgrades in FY16, systemic credit quality continues to be weak with large borrowers in the power, roads, metals and mining sectors continuing to be under pressure.

Apr 01, 2016, 19:29 PM IST

'Jewellery sales may fall 40-50 tonnes in Jan-Mar on strike'

Jewellery sales is likely to fall by 40-50 tonnes in the January-March period due to the ongoing strike against proposed 1 percent excise duty on non-silver jewellery, according to ICRA

Mar 28, 2016, 18:29 PM IST

Indian economy to grow 7.7% in 2016-17: ICRA

The agency, in its Macroeconomic Update, however, said that although the fresh project pipeline appears robust, commencement of work will lag announcements, given moderate capacity utilisation in some sectors.

Mar 21, 2016, 18:47 PM IST

Competition between banks, NBFCS in retail credit to rise: ICRA

Competitive pressures on retail-focussed NBFCs are to intensify while banks are increasing focus on retail segments due the pressures on corporate credit, according to a report released on Thursday by credit rating agency ICRA.

Mar 18, 2016, 01:38 AM IST

Govt banks to see rating revisions over bad loan woes: Icra

Facing higher than anticipated bad loan stress, public sector banks (PSBs) are likely to see some rating revisions in the next few days, Icra said today.

Feb 19, 2016, 23:16 PM IST

Watch: SEBI is going to bring changes in the rules of credit rating agency

SEBI is going to bring changes in the rules of credit rating agency

Dec 21, 2015, 14:45 PM IST

ICRA says NPAs under control, pegs it down at 5.5% from 5.9%

The days of continuously rising bad loans are over for the banks and they are set for revival with an improvement in their gross stressed assets, says rating agency ICRA.

Nov 23, 2015, 20:38 PM IST

Two-wheeler sales may close 2-4% up this fiscal

The two-wheeler industry is likely to post a modest 2-4 percent volume growth this year but it is on course to reach 22-23 million units by 2017-18, rating agency ICRA said Thursday.

Nov 12, 2015, 18:57 PM IST

Indian hotel industry to touch $1.8 bn mark by 2016: ICRA

The domestic hotel industry is estimated to touch USD 1.8 billion by 2016, from USD 0.8 billion presently, buoyed by rise in online bookings, an ICRA report has said.

Sep 28, 2015, 18:54 PM IST