Search For "icra"
ICRA upgrades long-term debt rating of Muthoot Finance to AA-plus
Updated : 5 years ago IST
New Delhi [India], March 17 (ANI): ICRA has upgraded its ratings on long-term debt facilities of Muthoot Finance from AA to AA-plus with a stable outlook.
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IIP may well continue to contract in February: ICRA
Updated : 5 years ago IST
New Delhi [India], March 15 (ANI): After a rapid recovery seen till October 2020, the trend in index of industrial production (IIP) has turned volatile in the last three months may well continue to contract, suggesting that the economy has entered into a consolidation phase with an underlyin
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BCD on imported solar cells, modules to increase solar bid tariffs: ICRA
Updated : 5 years ago IST
New Delhi [India], Mar 13 (ANI): The imposition of 40 per cent basic customs duty (BCD) on solar modules is expected to increase capital cost of a solar power plant by 23 to 24 per cent as modules form about 55 per cent of the overall capital cost, according to investment information firm IC
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Outlook negative for power discoms due to falling revenues: ICRA
Updated : 5 years ago IST
New Delhi [India], March 11 (ANI): The outlook for electricity distribution segment remains negative with continued weakness in financial position of most state-owned distribution utilities (discoms), according to a report by ICRA.
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Credit outlook negative for aviation industry: ICRA
Updated : 5 years ago IST
New Delhi [India], March 10 (ANI): Rating agency ICRA has a negative credit outlook on Indian aviation industry, reflecting a view that financial performance of airlines is likely to remain weak in near-to-medium term amid weak air traffic.
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Fiscal deficit to undershoot, may spur cancellation of final two G-sec auc
Updated : 5 years ago IST
New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by more than 35 basis points since its introduction to 6.23 per cent intra-day as on Friday with an uptick in recent weeks led by higher-than-expected fiscal deficit, ratings agency ICRA
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ICRA reaffirms AA-plus rating on United Spirit's financial instruments
Updated : 5 years ago IST
Bengaluru (Karnataka) [India], Feb 27 (ANI): ICRA has reaffirmed AA-plus rating with a stable outlook on United Spirits Ltd's (USL's) Rs 3,425 crore long-term, short-term and non-fund based financial instruments.
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Economic recovery in consolidation phase since January: ICRA
Updated : 5 years ago IST
New Delhi [India], February 26 (ANI): The pace of underlying growth in Indian economy remains subdued and does not foresee a sharp ramp up in pace of GDP expansion in Q4 FY21, according to investment information agency ICRA.
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Large real estate players double market share: ICRA
Updated : 5 years, 1 month ago IST
New Delhi [India], February 23 (ANI): The residential realty sector is witnessing a K-shaped recovery with large listed players recovering at a much better pace than smaller unorganised players, credit rating agency ICRA said on Tuesday.
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ICRA reaffirms AAA stable for Axis Bank's infra bonds, debentures
Updated : 5 years, 1 month ago IST
New Delhi [India], Feb 20 (ANI): ICRA has reaffirmed AAA rating on Axis Bank's infrastructure bonds and debentures worth Rs 22,205 crore.
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Long-term growth outlook remains positive for affordable housing finance i
Updated : 5 years, 1 month ago IST
New Delhi [India], February 18 (ANI): The long-term growth outlook for affordable housing finance companies (AHFCs) remains favourable supported by several factors, investment information agency ICRA has said.
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Telecom tariff hikes to ring in revenue growth in FY22: ICRA
Updated : 5 years, 1 month ago IST
New Delhi [India], February 15 (ANI): Telecom service providers (telcos) are expected to dial in next round of tariff hikes over the next one or two quarters which is likely to drive revenue growth in new financial year (2021-22) beginning April 1, according to investment information firm IC
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