Pune (Maharashtra) [India] Sept 09 (ANI/BusinessWire India): Non-Resident Indians (NRIs) who wish to have a savings account or a fixed deposit account in India cannot open standard savings account like Indian residents. If you opened a savings account before moving abroad, you need to con
Pune (Maharashtra) [India] September 06 (ANI/BusinessWire India): An investment that earns guaranteed returns is always beneficial, more so when market-linked instruments aren't yielding returns as per your expectations. A fixed deposit is one such safe investment as it helps you grow you
New Delhi [India], Sep 2 (ANI): Domestic cement growth is expected to slow down to about 7 per cent in the current financial year as reflected in relatively weak offtake seen during the first fiscal quarter (April to June), investment information firm ICRA said on Monday.
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.
Mumbai (Maharashtra) [India], Aug 28 (ANI): Rating agency ICRA has withdrawn the rating for MEP Infrastructure Developers' bank limit of Rs 50 crore due to slower than anticipated progress in six under-construction hybrid annuity mode (HAM) road portfolio.
New Delhi [India], Aug 19 (ANI): The performance of domestic cotton spinners is likely to weaken in the current financial year following a brief recovery in FY19 as they are grappling with the twin challenges of weak export demand and uncompetitive cotton prices, investment information firm
Pune (Maharashtra) [India] August 06 (ANI/BusinessWire India): The Reserve Bank of India (RBI) has reduced the repo rate by 75 basis points in the past 6 months and is expected to deliver a fourth consecutive rate cut of 25 basis points on August 7, 2019.
New Delhi [India], Aug 6 (ANI): Rating agency ICRA has downgraded non-convertible debenture programme, long-term loans, long-term fund-based facilities and long-term non-fund-based facilities totalling Rs 22,250 crore to IRCA AA minus with negative outlook.
New Delhi [India], Aug 5 (ANI): ICRA Ratings said on Monday it sees significant challenges in the resolution of stressed construction companies, which has the likelihood of delaying the process and reducing the realisable value considerably.
New Delhi [India], Aug 4 (ANI): Unfavourable distribution of monsoon rainfall so far along with subdued pace of kharif sowing has raised concerns over the outlook for agriculture yields, food prices and rural sentiment, according to investment information and rating agency ICRA.
New Delhi [India], July 31 (ANI): Investment information firm ICRA has placed term loan rating of Coffee Day Enterprises Ltd (CDEL) on watch with negative implications.
New Delhi [India], July 27 (ANI): The government's recent move to change guidelines for awarding wind power projects is a positive move for developers who are experiencing significant delays in project execution due to issues like delays in land acquisition and securing transmission connecti