Search For "icr"
Improving tariff competitiveness of solar PV energy favourable for discoms
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr. 14 (ANI): Credit rating body ICRA on Thursday stressed on the importance of enhancing tariff competitiveness of solar PV energy against both alternate renewable as well as conventional energy sources.
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Asset quality woes to continue affecting banks in FY2018: ICRA
Updated : 8 years, 9 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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Raw sugar imports unlikely to affect sugar prices negatively in the near t
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 12 (ANI): Credit rating agency ICRA on Wednesday said that the recent duty free raw sugar imports of 0.5 million MT till June 12, 2017 imposed by Central Government is unlikely to have any significant negative impact on the prices or profitability of sugar mills in the
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Global tea production trends, favorable demand prospects likely to lead to
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 8 (ANI): In the current year, tea realizations are expected to remain buoyant following higher demand for tea, particularly given the expected supply side issues in both Sri Lanka and Kenya.
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ICRA assigns iAAA rating to Tata AIG General Insurance Company
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 5 (ANI): TATA AIG General Insurance Company Limited, one of India's leading private sector General Insurance Company has been conferred the 'iAAA' rating (pronounced as I triple A) for their Claims Paying Ability by the rating agency ICRA.
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Tata AIG conferred with 'iAAA' rating by ICRA
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr. 4 (ANI): Credit rating body ICRA awarded Tata AIG General Insurance Company Limited, one of India's leading private sector General Insurance Company, with 'iAAA' rating for its claims paying ability.
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Air passenger traffic grew by 14 percent in February: ICRA
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr. 4 (ANI): In the month of February 2017, the air passenger traffic in the country stood at 21.9 million, thereby accounting for a year-on-year growth of 14 percent.
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Increase in IPP cap on production beyond reassessed capacity is a credit p
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 4 (ANI): Credit rating agency ICRA on Tuesday said that the Cabinet Committee on Economic Affairs (CCEA) has approved certain amendments related to increasing the IPP-linked cap on urea production beyond re-assessed capacity (RAC) in the New Urea Policy-2015 (NUP-2015)
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Credit quality pressures ease; a meaningful improvement to take longer, sa
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 3 (ANI): Credit rating agency ICRA on Monday said that the credit quality of India Inc. continues to remain weak, although the trend in rating actions taken by ICRA in the past one year suggests that further credit quality pressures have eased.
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Solar capacity addition estimated at 7~7.5 GW in FY2018, says ICRA
Updated : 8 years, 9 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, 9 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, 9 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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