M Rajashekar Reddy, Assistant Vice President & Sector Head, ICRA Ltd, said, "The outlook on the toll road sector remains stable, paving the way for sustained growth. On the back of benign WPI inflation, the inflation-linked toll rate hike is projected at around 3.2% for newer projects and 1.
Mumbai (Maharashtra) [India], Dec 27 (ANI): Stock market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 25 lakh on each of three leading credit rating agencies for their failure to carry out proper due diligence when assigning credit ratings to the troubled
New Delhi [India], Aug 30 (ANI): ICRA Ltd has ousted its Managing Director and Group Chief Executive Officer Naresh Takkar, nearly three months after the Securities and Exchange Board of India (SEBI) received an anonymous complaint alleging misconduct at the credit rating agency under him.
New Delhi [India], Feb. 11 (ANI): The Board of Directors of ICRA Ltd., at its meeting held on Thursday, gave its consent to the unaudited financial results of the company for the third quarter and nine months, ended December 31, 2016 and also approved buyback of its equity shares from open m