Search For "icra"
Cement production likely to be up by 20 pc in FY22: ICRA
Updated : 5 years, 1 month ago IST
New Delhi [India], February 13 (ANI): After a sharp contraction by 14 to 17 per cent in FY21, cement production is likely to witness a growth of 18 to 20 per cent in FY22 and reach pre-Covid levels, according to investment information agency ICRA.
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Rising delinquencies to keep profitability under pressure for foreign PV N
Updated : 5 years, 1 month ago IST
New Delhi [India], February 12 (ANI): The profitability of foreign passenger vehicle non-banking finance company captives (FOCs) is likely to remain subdued over the medium term, according to investment information agency ICRA.
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New rules for H-1B visa mild negative for Indian IT services: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], January 15 (ANI): The proposed changes in H-1B application selection process by US Citizenship and Immigration Services (USCIS) are prospective in nature but will have a minor adverse impact on the margins of Indian IT services companies, investment information agency ICRA
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Indian apparel exports to be on growth path: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], January 14 (ANI): India's apparel exports are expected to revert to a growth trajectory in FY2022 with a recovery in demand in key markets of the United States and the European Union, according to investment information firm ICRA.
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GDP may rebound to 10.1 pc growth in FY22: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): After a 7.8 per cent pandemic-driven contraction in the ongoing fiscal year, India's real GDP is projected to record an expansion of 10.1 per cent in FY2022, according to investment information agency ICRA.
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ICRA maintains stable outlook for road sector
Updated : 5 years, 2 months ago IST
New Delhi [India], January 8 (ANI): Toll collections witnessed a marked improvement on the back of increased movement of both passenger and commercial vehicles which have picked up significantly over the last three months, thereby surpassing pre-Covid levels, according to ICRA.
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ICRA upgrades financial ratings of Tata Consumer Products
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 30 (ANI): ICRA has upgraded the rating for long-term financial instruments of Tata Consumer Products worth Rs 350 crore to AAA with a stable outlook from AA-plus.
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Moderation in asset quality pressure to drive earnings growth for banks: I
Updated : 5 years, 2 months ago IST
New Delhi [India], December 29 (ANI): Improved asset quality and consequently lower credit provisions can drive better profitability for banks and provide impetus to lenders and rejuvenate their lending decisions, ICRA Ratings has said.
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Securitisation volumes expected to bounce back in FY22: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], December 28 (ANI): The quarterly securitisation volumes will continue to strengthen for rest of the current financial year and remain robust in FY2022, investment information agency ICRA said on Monday.
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Pharma sector revenue, margins likely to remain healthy in FY22: ICRA
Updated : 5 years, 3 months ago IST
New Delhi [India], December 24 (ANI): With inelastic demand for drugs and resumption of production to the near pre-Covid levels by Q3 FY21, revenue growth for Indian pharmaceutical market is expected to be 7 to 9 per cent in FY21 despite muted growth in Q1 FY21, according to investment infor
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Telecom tariff hikes to ring in improved debt metrics in FY22: ICRA
Updated : 5 years, 3 months ago IST
New Delhi [India], December 23 (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 the next financial year (FY2021-22), according to investment information firm ICRA.
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ICRA upgrades steel sector's outlook due to improving demand and prices
Updated : 5 years, 3 months ago IST
New Delhi [India], December 15 (ANI): Investment information firm ICRA has upgraded its outlook for the Indian steel sector to stable on the back of improving demand and prices.
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