Search For "credit rating"
Domestic passenger traffic growth drops to 15.7 percent
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 18 (ANI): A study conducted by credit-rating body ICRA revealed a decline in the domestic passenger traffic growth in February 2017.
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Improving tariff competitiveness of solar PV energy favourable for discoms
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 14 (ANI): Credit rating body ICRA on Thursday stressed on the importance of enhancing tariff competitiveness of solar PV energy against both alternate renewable as well as conventional energy sources.
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Asset quality woes to continue affecting banks in FY2018: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 13 (ANI): Based on an analysis of the asset quality of the Indian banking sector conducted by credit-rating body ICRA, it can be observed that although the fresh non-performing asset (NPA) generation rate continues to show signs of moderation, declining asset quality
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Raw sugar imports unlikely to affect sugar prices negatively in the near t
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 12 (ANI): Credit rating agency ICRA on Wednesday said that the recent duty free raw sugar imports of 0.5 million MT till June 12, 2017 imposed by Central Government is unlikely to have any significant negative impact on the prices or profitability of sugar mills in the
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Tata AIG conferred with 'iAAA' rating by ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 4 (ANI): Credit rating body ICRA awarded Tata AIG General Insurance Company Limited, one of India's leading private sector General Insurance Company, with 'iAAA' rating for its claims paying ability.
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Increase in IPP cap on production beyond reassessed capacity is a credit p
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 4 (ANI): Credit rating agency ICRA on Tuesday said that the Cabinet Committee on Economic Affairs (CCEA) has approved certain amendments related to increasing the IPP-linked cap on urea production beyond re-assessed capacity (RAC) in the New Urea Policy-2015 (NUP-2015)
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Credit quality pressures ease; a meaningful improvement to take longer, sa
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 3 (ANI): Credit rating agency ICRA on Monday said that the credit quality of India Inc. continues to remain weak, although the trend in rating actions taken by ICRA in the past one year suggests that further credit quality pressures have eased.
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Solar capacity addition estimated at 7~7.5 GW in FY2018, says ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 1 (ANI): Credit rating agency ICRA estimates the solar capacity addition to increase from 3.5-4 GW in FY2017 to at least 7-7.5 GW (in grid connected utility segment) in FY2018.
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Rising costs weigh on profitability of cement companies in coming quarters
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 30 (ANI): Credit rating agency ICRA expects cement demand growth, which has been significantly impacted post demonetisation, to recover to around four to five percent during FY2018, driven by a pick-up in the infrastructure segment, mostly road and irrigation projects
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Affordable housing segment to remain key growth driver in Indian Mortgage
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 22 (ANI): Credit rating agency ICRA on Wednesday estimated that total housing credit outstanding in India slowed down to 16 percent for the 12 months ending December 31, 2016 vis-a-vis 19 percent in FY2016 with the overall housing credit being Rs. 1 3.7 trillion as on
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Vodafone-Idea to be India's largest telecom operator: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar. 21 (ANI): After telecom majors Idea Cellular and Vodafone India Ltd. (VIL) announced the acceptance of their merger, credit rating body ICRA believes that this consolidation will be positive for the industry, as it would restore some pricing power and give better barg
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Revival of irrigation sector is beneficial for construction companies, say
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar. 20 (ANI): According to credit-rating agency ICRA, the Government has helped construction companies improve their order book positions by investing in urban infrastructure segments.
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