Search For "icr"
Outlook negative for power discoms due to falling revenues: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], March 11 (ANI): The outlook for electricity distribution segment remains negative with continued weakness in financial position of most state-owned distribution utilities (discoms), according to a report by ICRA.
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Credit outlook negative for aviation industry: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], March 10 (ANI): Rating agency ICRA has a negative credit outlook on Indian aviation industry, reflecting a view that financial performance of airlines is likely to remain weak in near-to-medium term amid weak air traffic.
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Fiscal deficit to undershoot, may spur cancellation of final two G-sec auc
Updated : 5 years, 2 months ago IST
New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by more than 35 basis points since its introduction to 6.23 per cent intra-day as on Friday with an uptick in recent weeks led by higher-than-expected fiscal deficit, ratings agency ICRA
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ICRA reaffirms AA-plus rating on United Spirit's financial instruments
Updated : 5 years, 3 months ago IST
Bengaluru (Karnataka) [India], Feb 27 (ANI): ICRA has reaffirmed AA-plus rating with a stable outlook on United Spirits Ltd's (USL's) Rs 3,425 crore long-term, short-term and non-fund based financial instruments.
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Economic recovery in consolidation phase since January: ICRA
Updated : 5 years, 3 months ago IST
New Delhi [India], February 26 (ANI): The pace of underlying growth in Indian economy remains subdued and does not foresee a sharp ramp up in pace of GDP expansion in Q4 FY21, according to investment information agency ICRA.
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Large real estate players double market share: ICRA
Updated : 5 years, 3 months ago IST
New Delhi [India], February 23 (ANI): The residential realty sector is witnessing a K-shaped recovery with large listed players recovering at a much better pace than smaller unorganised players, credit rating agency ICRA said on Tuesday.
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ICRA reaffirms AAA stable for Axis Bank's infra bonds, debentures
Updated : 5 years, 3 months ago IST
New Delhi [India], Feb 20 (ANI): ICRA has reaffirmed AAA rating on Axis Bank's infrastructure bonds and debentures worth Rs 22,205 crore.
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Long-term growth outlook remains positive for affordable housing finance i
Updated : 5 years, 3 months ago IST
New Delhi [India], February 18 (ANI): The long-term growth outlook for affordable housing finance companies (AHFCs) remains favourable supported by several factors, investment information agency ICRA has said.
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Telecom tariff hikes to ring in revenue growth in FY22: ICRA
Updated : 5 years, 3 months ago IST
New Delhi [India], February 15 (ANI): Telecom service providers (telcos) are expected to dial in next round of tariff hikes over the next one or two quarters which is likely to drive revenue growth in new financial year (2021-22) beginning April 1, according to investment information firm IC
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Cement production likely to be up by 20 pc in FY22: ICRA
Updated : 5 years, 3 months ago IST
New Delhi [India], February 13 (ANI): After a sharp contraction by 14 to 17 per cent in FY21, cement production is likely to witness a growth of 18 to 20 per cent in FY22 and reach pre-Covid levels, according to investment information agency ICRA.
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Rising delinquencies to keep profitability under pressure for foreign PV N
Updated : 5 years, 3 months ago IST
New Delhi [India], February 12 (ANI): The profitability of foreign passenger vehicle non-banking finance company captives (FOCs) is likely to remain subdued over the medium term, according to investment information agency ICRA.
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New rules for H-1B visa mild negative for Indian IT services: ICRA
Updated : 5 years, 4 months ago IST
New Delhi [India], January 15 (ANI): The proposed changes in H-1B application selection process by US Citizenship and Immigration Services (USCIS) are prospective in nature but will have a minor adverse impact on the margins of Indian IT services companies, investment information agency ICRA
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