Search For "icr"
Andhra govt. to host international 'AP AgTech Summit'
Updated : 8 years, 6 months ago IST
New Delhi [India], November 14 (ANI): To push technology-driven transformation in agriculture, Andhra Pradesh gears up to host international event AP AgTech Summit-2017 in Visakhapatnam from November 15 to 17.
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Deleveraging, improved operational performance aiding revival of infra: IC
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 13 (ANI): Credit-rating body ICRA has claimed that the infrastructural segment is showing early signs of revival with the improvement in the financial profile of players.
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Surge in crude oil prices could hit demand, margins of downstream players
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 9 (ANI): Crude oil prices (Brent) have increased by 34 percent to USD 64.3/bbl in early Nov 2017 from USD 48.0/bbl in Nov 2016 - end when the Organization of the Petroleum Exporting Countries (OPEC) had decided to cut back on crude oil production, according to a report
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Upward pressure on bond yields expected owing to moderation in FII inflows
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov. 8 (ANI): A notification from ICRA on Wednesday revealed that an upward pressure on bond yields is expected; owing to continuing concerns regarding a potential fiscal slippage at the Union Government level and a moderation in FII inflows into debt coupled with other fa
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Integrated sugar mills to benefit from ethanol procurement price rise
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 8 (ANI): The five percent increase in the base price of ethanol for the procurement season 2017-18 (starting December 2017) for oil marketing companies (OMCs) is likely to result in an increase in the total contribution margin by around Rs. 200/MT of sugar produced for
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HFC portfolios are vulnerable owing to rising share of non-housing loans:
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 30 (ANI): Even when housing loans continue to dominate the loan portfolio of Housing finance companies (HFC)s, the share of housing loans in the overall HFC portfolio has been declining owing to the higher pace of growth of non-housing loans, according to a report by
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Credit profile of Indian IT Services companies to remain stable, says ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 26 (ANI): Credit rating agency ICRA has highlighted that the credit profile of Indian IT Services companies is likely to remain stable underpinned by its ability to sustain free cash flows despite pressure on revenue growth and margins.
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Bank recapitalisation significant to address growth capital requirements:
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 25 (ANI): Credit-rating body ICRA while welcoming the public sector unit (PSU) banks recapitalisation program that was announced on Tuesday said it would be "significantly positive" for banks to address their provisioning as well as growth capital requirements.
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Haagen-Dazs brings luxurious indulgence to Goa
Updated : 8 years, 7 months ago IST
Panaji (Goa) [India], Oct. 17 (ANI-NewsVoir): Franchise owner Rohit Murthy of AKB Group is all set to re-create Haagen-Dazs magic in Goa on the auspicious occasion of "National Dessert Day" by launching its first Haagen-Dazs premium Ice Cream Lounge with spirits in Calangute, next to Domino'
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IIP grows 4.3 pct in August; CPI inflation at 3.28 pct
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 12 (ANI): Industrial production in the country rose to a nine-month high of 4.3 percent in August in the second month after the new Goods and Services Tax (GST) regime was introduced on July 1.
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Textile exporters facing growth, profitability pressures amidst multiple h
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 11 (ANI): The pressure on textile exporters has become more severe with the strengthening of the Indian Rupee against currencies of key competing nations during the current calendar year, which reduced competitiveness of Indian exporters compared to their counterparts
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Funding required for airport infrastructure to counter growing air traffic
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 7 (ANI): Amid growing air traffic, India would need to treble its airports capacity (terminal building capacity) at an estimated capital expenditure (CapEx) of Rs. 2.4 lakh crore in the next ten years, much higher than around Rs. 52,000 crore incurred over the last de
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