Search For "icra"
States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
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Buoyant agri-economy spurs sharp recovery in domestic tractor market: ICRA
Updated : 5 years, 6 months ago IST
New Delhi [India], September 9 (ANI): The tractor industry is estimated to have recorded 72 per cent growth in wholesale volumes during August and 27 per cent growth in retail volumes on a year-on-year basis, according to the latest research update by investment information agency ICRA.
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Airlines profitability to be eroded due to lower revenues, high fixed cost
Updated : 5 years, 6 months ago IST
New Delhi [India], September 8 (ANI): Domestic air passenger traffic is likely to witness a de-growth of 41 to 46 per cent in the current financial year while international traffic may see a fall of 65 to 72 per cent, according to investment information agency ICRA.
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PBT margins of India Inc contract to multi-year lows of 3.6 per cent in Q1
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 5 (ANI): Financial results of 489 companies in the Indian corporate sector (excluding financial sector entities) show aggregate revenues contracting by 31.1 per cent on a year-on-year basis in Q1 FY21, according to investment information firm ICRA.
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Short payment time frame for AGR dues may dent telecom industry structure:
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 2 (ANI): The relatively shorter payment timeframe for telecom operators to repay AGR dues exerts additional pressure on their cash flows and necessitates sizeable average revenue per user (ARPU) increase that can have an impact on the industry structure, according to i
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ICRA reaffirms Aster DM Healthcare's rating, enhances limits
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 29 (ANI): Investment information agency ICRA has reaffirmed Aster DM Healthcare's ratings on various financial instruments worth Rs 266 crore at A-minus and A2-plus, and assigned them for enhanced limits.
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ICRA Q1 operating income falls by 17 pc to Rs 42 cr
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 28 (ANI): Leading credit rating agency ICRA has reported 17 per cent fall in its operating income for the quarter ended June 30 at Rs 42.5 crore as compared to Rs 51.4 crore in the corresponding quarter of the previous year.
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Port sector witnesses early signs of recovery: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 25 (ANI): While the performance of ports sector remained subdued during July, the pace of decline moderated for key cargo segments, indicating early signs of a recovery, investment information firm ICRA said on Tuesday.
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Shriram City Union Finance launches fixed deposit scheme at up to 10.53 pe
Updated : 5 years, 7 months ago IST
New Delhi [India] Aug 22 (ANI/NewsVoir): Shriram City Union Finance (Shriram City), one of India's leading deposits accepting NBFCs, has announced a high yield fixed deposit (FD) scheme to benefit its potential clientele in the best possible way.
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India Inc on a long road to recovery with prolonged COVID-19 lockdowns: IC
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 10 (ANI): The financial performance of corporate sector will be significantly impacted due to extended lockdowns after the outbreak of COVID-19 as manufacturing, construction, industrial and consumption activities have taken a sharp hit, investment information firm ICR
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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Record decline in securitisation volumes due to Covid-19: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 4 (ANI): The securitisation volumes declined substantially in Q1 FY21 to Rs 7,500 crore from Rs 50,300 crore in Q1 FY20 primarily due to disruptions caused by the Covid-19 pandemic, investment information firm ICRA said on Tuesday.
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