Mumbai (Maharashtra) [India], June 24 (ANI): Rating agencies ICRA and CARE have downgraded Yes Bank's rating on Rs 32,611.7 crore upper tier-2 bonds to D.
Pune (Maharashtra) [India] May 30 (ANI/BusinessWire India): Families today face a rare dilemma: on one hand, the past few months have led to discretionary spending and surplus cash in hand. Conversely, the economy is struggling, which translates to a decline in the average risk appetite when
New Delhi [India], May 12 (ANI): ICRA has reaffirmed credit ratings for the bank facilities availed by JTEKT India Ltd (JIL), the largest manufacturer of steering systems for passenger car and utility vehicle market in the country.
New Delhi [India], May 6 (ANI) The incremental credit flow from banks, commercial papers (CPs) and corporate bonds outstanding could rise by Rs 7.3 lakh crore to 9.7 lakh crore during the current financial year FY21, according to investment information firm ICRA.
New Delhi [India], Apr 25 (ANI): The recent COVID-19 lockdown has impacted domestic poultry industry severely with fourth quarter (January to March) being the worst in recent times, according to investment information firm ICRA.
Bengaluru (Karnataka) [India], April 14 (ANI): Trusted giving platform GiveIndia on Tuesday announced the launch of India COVID Response Fund (ICRF) with initial donations of Rs 75 crore that have come in to support the on-ground relief efforts being carried out by its network of verified no
New Delhi [India], Apr 4 (ANI): PNB Housing Finance Ltd said on Saturday that investment information firm ICRA has downgraded the rating of its non-convertible debentures and tier two bonds worth Rs 1,675 crore to AA negative from AA-plus negative.
New Delhi [India], Apr 2 (ANI): The domestic gas price notified at 2.39 dollars per mmbtu (million British thermal unit) for H1 FY21 is a sharp decline of 26 per cent from the price of 3.23 dollars per mmbtu applicable for H2 FY20 and the lowest since the institution of modified Rangarajan f
Mumbai (Maharashtra) [India], Mar 25 (ANI): Shares of Yes Bank dropped by 14.41 per cent on Wednesday afternoon even as ICRA upgraded its commercial papers and placed them on rating watch with developing implications.
New Delhi [India], Mar 24 (ANI): Rating agency ICRA has revised the outlook on the Indian hospitality sector from stable to negative, following the global spread of COVID-19 pandemic.
New Delhi [India], Feb 28 (ANI): Investment information firm ICRA has maintained a negative outlook on the Indian aviation industry in view of ongoing lockouts in parts of China following the outbreak of coronavirus.
New Delhi [India], Feb 21 (ANI): The coronavirus impact in China coupled with weak demand conditions in key markets is expected to impact the domestic cut and polished diamond (CPD) industry in a major way, according to investment information and rating agency ICRA.