Search For "credit rating"
SEBI issues stricter norms for rating agencies to enhance standards
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 14 (ANI): Market regulator Securities and Exchange Board of India (SEBI) has tightened rating guidelines, including probability of default benchmarks, to strengthen disclosures made by credit rating agencies and uplift standards.
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Revenue growth in Q4 FY19 hits six quarter low led by weak consumer sentim
Updated : 6 years, 9 months ago IST
New Delhi [India], June 13 (ANI): Financial results released by 642 companies in the corporate sector shows revenue growth in fourth quarter (January to March) of 2018-19 hit a six-quarter low at 10 per cent, investment information and credit rating agency ICRA said on Thursday.
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Construction sector to lead recovery in steel demand: ICRA
Updated : 6 years, 9 months ago IST
New Delhi [India], June 5 (ANI): While the performance of domestic steelmakers is likely to be lower in the first quarter of the current financial year as compared the previous year due to several headwinds, the construction sector will be at the forefront of demand recovery in the second ha
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Corporates report plunging revenue growth, lower margins in Q4 FY19: ICRA
Updated : 6 years, 9 months ago IST
New Delhi [India], May 26 (ANI): The fourth quarter (January to March 2019) financial results released by 304 companies in the corporate sector show a sequential drop in revenue growth to 10.7 per cent from 20.1 per cent in the previous quarter (October to December 2018), according to invest
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Moody's says India's rating hinges on policies of new govt
Updated : 6 years, 9 months ago IST
New Delhi [India], May 23 (ANI): Moody's Investors Service said on Thursday that India's credit rating will depend on the policies of the new government and expressed the hope that the country will continue with its fiscal consolidation plan.
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Creditors expect increase in realisations through IBC despite hiccups
Updated : 6 years, 10 months ago IST
New Delhi [India], May 19 (ANI): Innumerable litigations, defiant promoters, failing sectors and over-burdened National Company Law Tribunals (NCLTs) have negatively impacted corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC) over the past two years, ac
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M&A deals in hospital sector jump by 155 pc in FY 19: ICRA
Updated : 6 years, 10 months ago IST
New Delhi [India], May 7 (ANI): The total value of merger and acquisition (M&A) transactions in the hospital sector totalled Rs 7,615 crore in 2018-19 as against Rs 2,991 crore done in the previous fiscal, recording an increase of 155 per cent, according to investment information and
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Reliance Capital's long-term rating by Brickworks stands at A+
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 27 (ANI): Brickworks, a SEBI registered credit rating agency, has revised Reliance Capital Limited (RCL) rating to 'A+' for long-term debt program, market-linked debentures and subordinated debt of the company, said the firm in a statement on Saturday. Read More
Telecom industry needs to fiberise networks: ICRA
Updated : 6 years, 11 months ago IST
New Delhi [India]. Mar 31 (ANI): With over a billion mobile phone customers and an explosion of mobile data consumption over the past two years, the Indian telecom industry needs to migrate from traditional copper-based networks to dense optic fiber cable networks, according to investment
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Indian banks benefit from lower slippages but challenges remain: Fitch Rat
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 29 (ANI): The banking sector's non-performing loan (NPL) ratio improved in first nine months of current financial year but slow resolution and weak capital are likely to keep th
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Bajaj Finance fixed deposit have MAAA (stable) rating from ICRA
Updated : 6 years, 11 months ago IST
Pune (Maharashtra) [India], March 25 (ANI/BusinessWireIndia): ICRA, a credit rating agency, offers ratings to fixed deposits of companies that can help guide investors in making the right decisions when it comes to investing money in FDs. These ratings are extremely crucial, as fixed depo
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Reduced tax rate for real estate sector to bolster consumer sentiments: IC
Updated : 7 years ago IST
New Delhi [India], Feb 26 (ANI): Credit rating agency ICRA said on Tuesday that lower GST rates for under-construction residential properties are expected to improve customer sentiment but removal of input tax credit may create short term disruption in sales and collections from ongoing p
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