Search For "icr"
Record decline in securitisation volumes due to Covid-19: ICRA
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 4 (ANI): The securitisation volumes declined substantially in Q1 FY21 to Rs 7,500 crore from Rs 50,300 crore in Q1 FY20 primarily due to disruptions caused by the Covid-19 pandemic, investment information firm ICRA said on Tuesday.
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ICRA reaffirms IndiGo's long-term rating at A-plus with negative outlook
Updated : 5 years, 10 months ago IST
New Delhi [India], July 30 (ANI): Rating agency ICRA has reaffirmed IndiGo's long-term rating at A-plus with a negative outlook but downgraded short-term rating by one notch from A1-plus to A1.
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ICRA appoints N Sivaraman as Managing Director and Group CEO
Updated : 5 years, 10 months ago IST
New Delhi [India], July 29 (ANI): The board of directors at investment information firm ICRA has appointed Larsen & Toubro (L&T) veteran N Sivaraman as its Managing Director and Group Chief Executive Officer.
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Sugar production to increase by 12 per cent in SY21: ICRA
Updated : 5 years, 10 months ago IST
New Delhi [India], July 25 (ANI): The domestic sugar production is likely to increase by 12.1 per cent to 30.5 million tonnes in SY21 after adjusting for the impact of diversion of B-heavy molasses and sugarcane juice for ethanol manufacture, according to investment information firm ICRA.
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Outlook for kharif season favourable, consumption to revive at the bottom
Updated : 5 years, 10 months ago IST
New Delhi [India], July 18 (ANI): The outlook for kharif season (June to October) remains favourable as sowing was 44.1 per cent higher than the year-ago level and more than half of the 2019 kharif acreage had been covered, investment information firm ICRA has said.
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Titan gets strong credit ratings from ICRA on robust profile
Updated : 5 years, 10 months ago IST
New Delhi [India], July 17 (ANI): ICRA has assigned AA-plus rating to Tata enterprise Titan's Rs 1,700 crore fund-based instrument and A1-plus to Rs 1,500 crore commercial paper with outstanding outlooks.
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UN, ICRC gives humanitarian aid to eastern Ukraine
Updated : 5 years, 10 months ago IST
Kiev [Ukraine], July 11 (Xinhua/ ANI): The International Committee of the Red Cross (ICRC) and the United Nations (UN) have sent around 75 tonnes of humanitarian aid to the non-government controlled areas of Donbass in eastern Ukraine, the State Border Service of Ukraine said on Thursday.
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ICRA reaffirms GE T&D India's credit ratings, outlook revised to negat
Updated : 5 years, 10 months ago IST
New Delhi [India], July 8 (ANI): ICRA has reaffirmed GE T&D India's long-term and short-term credit ratings but downgraded the outlook from stable to negative for long-term ratings.
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Invest in Bajaj Finance Fixed Deposit to get returns up to 7.35 per cent
Updated : 5 years, 10 months ago IST
Pune (Maharashtra) [India] July 7 (ANI/BusinessWire India): The International Monetary Fund projected a global growth of -4.9 per cent for this year, which is 1.9 percentage points lower than April 2020 forecast.
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Port sector to witness cargo volume contraction, project delays: ICRA
Updated : 5 years, 11 months ago IST
New Delhi [India], July 4 (ANI): Although the port sector has been classified under essential services and remained operational during the lockdown, the adverse impact on domestic economic activity as well as a slowdown in global trade has resulted in a steep contraction in cargo volumes at
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AM Best downgrades credit ratings of GIC Re
Updated : 5 years, 11 months ago IST
Singapore, July 3 (ANI): AM Best has downgraded the financial strength rating (FSR) to B-plus-plus (good) from A-minus (excellent) and the long-term issuer credit rating (ICR) to bbb-plus from a-minus of General Insurance Corporation of India (GIC Re).
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Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 5 years, 11 months ago IST
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
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