Search For "icra"
Satellite communication to be the next (r)evolution in broadband space: IC
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 9 (ANI): Seen as the next big thing, satellite communication has been gaining prominence globally.
Read More
IT services industry to accelerate by 9 to 12 pc in FY22: ICRA
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 7 (ANI): The USD revenue growth of sample IT services companies is expected to be 9 to 12 per cent in FY2022, driven by robust demand for digital technologies resulting in higher awards of contracts, according to investment information agency ICRA.
Read More
July marks recovery in domestic air passenger traffic: ICRA
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): Domestic air passenger traffic grew 56 per cent at about 48 lakh in July compared to 31 lakh in June as Covid infection trajectory declined, rating agency ICRA said on Thursday.
Read More
Auto component industry to witness 20-23 pc growth in FY22: ICRA
Updated : 4 years, 7 months ago IST
New Delhi [India], July 29 (ANI): The Indian auto component industry is expected to report 20 to 23 per cent revenue growth in FY2022, supported by strong exports demand, and recovery in domestic original equipment and aftermarket segments.
Read More
Improving business sentiment can accentuate recovery: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], July 8 (ANI): A sequential improvement in economic momentum set in during June with many states having started phased unlocking of restrictions imposed after the second wave of Covid-19, rating agency ICRA said on Thursday.
Read More
Covered bonds likely to pick up with better stakeholder awareness: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 26 (ANI): Covered bonds backed by security pool of gold loans and vehicle loans are findling favour with investors, rating agency ICRA has said.
Read More
Regulatory hurdles pose headwinds for open access based RE projects: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 25 (ANI): Independent power producers in renewable power sector selling power in open access route are faced with increasing regulatory constraints in the form of upward revision of open access charges, denial of open access approvals and tightening of energy banking
Read More
Auto component suppliers to see 70 pc dip in Q1 profits: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 22 (ANI): Auto component suppliers are likely to witness over 70 per cent decline in operating profits during first quarter of current financial year (Q1 FY22) due to Covid 2.0 lockdown restrictions, investment information firm ICRA said on Tuesday.
Read More
General insurance industry to grow at 7 to 9 pc in FY22: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 18 (ANI): The general insurance industry is expected to clock 7 to 9 per cent growth in gross direct premium income during FY22, investment information firm ICRA has said.
Read More
With phased unlocking under way, GDP growth projected at 8.5 pc in FY22: I
Updated : 4 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Rating agency ICRA on Thursday projected the year-on-year (YoY) growth of GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 8.5 per cent and 7.3 per cent respectively in FY2022.
Read More
Gas distribution volumes hit by Covid-19 lockdowns: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 8 (ANI): The city gas distribution (CGD) sector's domestic gas volumes declined by 12 per cent month-on-month to 15.2 million metric standard cubic metre per day (MMSCMD) in April as transportation and passenger mobility segments were hit the hardest by lockdowns, acc
Read More
Lockdowns adversely impact collections of non-bank finance companies: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Investment information firm ICRA has said that non-banks (non-banking finance companies and housing finance companies) will feel the stress of second wave Covid-19 lockdowns and movement restrictions imposed by various states in April and May.
Read More