Search For "fy20"
Vakrangee announces excellent Q3 FY2017-18 results
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 24 (ANI-NewsVoir): Vakrangee, a technology driven company focused on building India's largest network of last-mile retail outlets to deliver real-time banking, insurance, ATM, e-governance, e-commerce and logistics services, has crossed Rs. 50,000 crore in m
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Rebound in SDL issuance in Q4 to widen spread relative to G-Sec yields: IC
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 20 (ANI): Credit rating agency ICRA expects the pace of issuance of state development loans (SDL) to rebound in Q4 of FY2018, after a fresh borrowing limit set by the government, led by back-ended redemption of market borrowings and possible funding of a portion of the
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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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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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Continuing decline in coal imports to impact long term returns for port pl
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): The volume growth at major ports was low at three percent during the first five months of current fiscal, FY2018 as coal volumes recorded 12 percent decline during the period, even as iron ore volumes grew 29 percent.
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GVA expected to rise by 6.9 pct in Q4 FY2017 aided by remonetisation: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], May 25 (ANI): Credit rating agency ICRA expects Indian GDP and gross value added (GVA) at basic prices to expand by 7.1 percent and 6.9 percent, respectively, in year-on-year (YoY) terms in Q4 FY2017.
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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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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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India becomes a net exporter of steel amidst weak domestic demand, says IC
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 28 (ANI): Given the continuing sluggishness in the key real estate and construction sectors, ICRA expects the overall steel consumption growth for FY2017 to be lower than the previous year levels.
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Fertiliser sales volumes to see moderate growth in H1 FY2018, says ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 24 (ANI): In ICRA's view, the demand for fertilizers in H1 FY2018 will witness moderate growth, given the lower base for H1 FY2017 and improved spending power of the farmer community with higher MSPs for rabi crops and strong sowing witnessed during the season.
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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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