Search For "credit rating"
Increasing lifestyle diseases to boost hospital revenue
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): Despite the fact that India has managed to lower the incidence of communicable diseases, the occurrence of lifestyle related diseases (non-communicable) are on the rise and the same are likely to be a major contributor to hospital revenues going forward, acco
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Cement demand likely to witness modest growth in FY2018: ICRA
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): Credit rating agency ICRA has said that domestic cement demand is expected to register a modest growth of ~1 percent in FY2018 on the back of a rebound in cement demand from Q4 FY2018 as against the earlier expectations of Q3 FY2018.
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Surge in credit provisions to adversely affect PSBs' profitability
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): Credit rating body ICRA in its report released on Monday estimated the gross non-performing assets (GNPA)s of Rs. 8.8 to 9.0 trillion (10.0-10.2 percent) to peak out by end of FY 2018, as against GNPAs of 9.5 percent (Rs. 7.65 trillion) as on March 31, 2017.
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GVA growth to record sequential recovery to 6.3 % in Q2 FY2018: ICRA
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 21 (ANI): Credit rating agency, ICRA, on Tuesday said that it expects the growth of the Indian gross value added (GVA) at basic prices in year-on-year (YoY) terms to record a sequential recovery to 6.3 percent in Q2 FY2018 from 5.6 percent in Q1 FY2018.
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NITI Aayog VC dubs Chidambaram's stance on Moody's rating as 'baseless'
Updated : 8 years, 3 months ago IST
New Delhi [India], November 20 (ANI): Responding to former finance minister P Chidambaram's comment on India's recent upgradation by global credit rating agency Moody, NITI Aayog Vice Chairman Rajiv Kumar brushed it off as "baseless", adding that such comments did not create a good impressio
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Congress raises questions over Moody's reliability
Updated : 8 years, 3 months ago IST
Pune (Maharashtra) [India], November 18 (ANI): After U.S.-based International rating agency Moody's Investors Service upgraded India's sovereign rating to Baa2 from Baa3, the Congress party on Saturday raised questions over the reliability of the global credit rating agency who has conducted
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Moody upgrade to push FDI inflow: FICCI
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 17 (ANI): In the wake of India's upgradation by global credit rating agency Moody, the Federation of Indian Chambers of Commerce and Industry (FICCI) opined that the move will not only give a further push to foreign investment inflows into the country, but will also en
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Encouraging to gain international recognition: Jaitley on Moody rating
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 17 (ANI): In the wake of India's rating being upgraded by global credit rating agency Moody, Finance Minister Arun Jaitley said it is "encouraging to gain international recognition and not something that's happening in isolation."
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Moody's upgrade well deserved for India's fiscal path: Chanda Kochhar
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 17 (ANI): Hailing the upgrade made by US-based Moody's over India's sovereign credit rating, ICICI Bank CEO and MD Chanda Kochhar on Friday said that the decision will help in cementing the stability and sustainability of Indian economy's fiscal path.
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Deleveraging, improved operational performance aiding revival of infra: IC
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 13 (ANI): Credit-rating body ICRA has claimed that the infrastructural segment is showing early signs of revival with the improvement in the financial profile of players.
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Integrated sugar mills to benefit from ethanol procurement price rise
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 8 (ANI): The five percent increase in the base price of ethanol for the procurement season 2017-18 (starting December 2017) for oil marketing companies (OMCs) is likely to result in an increase in the total contribution margin by around Rs. 200/MT of sugar produced for
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Credit profile of Indian IT Services companies to remain stable, says ICRA
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 26 (ANI): Credit rating agency ICRA has highlighted that the credit profile of Indian IT Services companies is likely to remain stable underpinned by its ability to sustain free cash flows despite pressure on revenue growth and margins.
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