Search For "icra"
Tata AIG conferred with 'iAAA' rating by ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr. 4 (ANI): Credit rating body ICRA awarded Tata AIG General Insurance Company Limited, one of India's leading private sector General Insurance Company, with 'iAAA' rating for its claims paying ability.
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Air passenger traffic grew by 14 percent in February: ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr. 4 (ANI): In the month of February 2017, the air passenger traffic in the country stood at 21.9 million, thereby accounting for a year-on-year growth of 14 percent.
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Increase in IPP cap on production beyond reassessed capacity is a credit p
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 4 (ANI): Credit rating agency ICRA on Tuesday said that the Cabinet Committee on Economic Affairs (CCEA) has approved certain amendments related to increasing the IPP-linked cap on urea production beyond re-assessed capacity (RAC) in the New Urea Policy-2015 (NUP-2015)
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Credit quality pressures ease; a meaningful improvement to take longer, sa
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 3 (ANI): Credit rating agency ICRA on Monday said that the credit quality of India Inc. continues to remain weak, although the trend in rating actions taken by ICRA in the past one year suggests that further credit quality pressures have eased.
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Solar capacity addition estimated at 7~7.5 GW in FY2018, says ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 1 (ANI): Credit rating agency ICRA estimates the solar capacity addition to increase from 3.5-4 GW in FY2017 to at least 7-7.5 GW (in grid connected utility segment) in FY2018.
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Rising costs weigh on profitability of cement companies in coming quarters
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 30 (ANI): Credit rating agency ICRA expects cement demand growth, which has been significantly impacted post demonetisation, to recover to around four to five percent during FY2018, driven by a pick-up in the infrastructure segment, mostly road and irrigation projects
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India becomes a net exporter of steel amidst weak domestic demand, says IC
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 28 (ANI): Given the continuing sluggishness in the key real estate and construction sectors, ICRA expects the overall steel consumption growth for FY2017 to be lower than the previous year levels.
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Fertiliser sales volumes to see moderate growth in H1 FY2018, says ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 24 (ANI): In ICRA's view, the demand for fertilizers in H1 FY2018 will witness moderate growth, given the lower base for H1 FY2017 and improved spending power of the farmer community with higher MSPs for rabi crops and strong sowing witnessed during the season.
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Affordable housing segment to remain key growth driver in Indian Mortgage
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 22 (ANI): Credit rating agency ICRA on Wednesday estimated that total housing credit outstanding in India slowed down to 16 percent for the 12 months ending December 31, 2016 vis-a-vis 19 percent in FY2016 with the overall housing credit being Rs. 1 3.7 trillion as on
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Vodafone-Idea to be India's largest telecom operator: ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 21 (ANI): After telecom majors Idea Cellular and Vodafone India Ltd. (VIL) announced the acceptance of their merger, credit rating body ICRA believes that this consolidation will be positive for the industry, as it would restore some pricing power and give better barg
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Revival of irrigation sector is beneficial for construction companies, say
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 20 (ANI): According to credit-rating agency ICRA, the Government has helped construction companies improve their order book positions by investing in urban infrastructure segments.
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Apparel and fabric industry in knots over sluggish exports, demonetisation
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 17 (ANI): Credit rating agency ICRA on Friday noted that the global apparel trade remains under pressure, having contracted for the second consecutive year in CY2016, owing to subdued demand conditions in the key importing countries.
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