Search For "icra"
Fintellix Joins ICRA: Strategic Acquisition to Strengthen RegTech & Data A
Updated : 5 months, 1 week ago IST
Bengaluru (Karnataka) [India], October 18: Fintellix India Private Limited, a leading provider of data and regulatory solutions for the financial services industry, is proud to announce its acquisition by ICRA Limited, a premier credit rating agency and provider of financial and risk advis
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GCCs to lease 50-55 msf office space in top-6 Indian cities by FY2027: ICR
Updated : 5 months, 1 week ago IST
Global Capability Centres (GCCs) are expected to lease an additional 50-55 million square feet (msf) of Grade A office space across India's top six markets during FY2026-FY2027, contributing 38-40% of the overall office demand, according to a report by rating agency ICRA.
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Organised gold loan market to touch Rs 15 trn by March 2026 and Rs 18 trn
Updated : 5 months, 2 weeks ago IST
The organised gold loan market in India is projected to reach the Rs 15 trillion mark by March 2026, a year ahead of earlier expectations, according to credit rating agency ICRA. The surge is attributed primarily to the sustained uptrend in gold prices, which have scaled record highs in rece
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Corporate credit profile remains resilient amid global headwinds: ICRA
Updated : 5 months, 3 weeks ago IST
Despite the ongoing global uncertainties, including tariff-related disruptions and geopolitical tensions, the credit profile of Indian corporates has demonstrated remarkable resilience, according to ICRA's latest report.
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India's third-party data centre capacity to double by FY28: ICRA
Updated : 5 months, 3 weeks ago IST
India's digital backbone is set for a major boost as third-party data centre capacity is projected to double to 2,400 to 2,500 MW by FY28 from 1,250 MW in FY2025, supported by investments of nearly Rs 90,000 crore during FY 26-FY28, according to rating agency ICRA.
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AC sales take hit as extended rains dampen demand, volumes may dip 10-15%
Updated : 5 months, 3 weeks ago IST
Room air condition sales volume are expected to decline 10-15 per cent in 2025-26 in India, with extended rainfall experienced during the peak demand season, according to a report by rating agency ICRA.
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Indian pharma sector to log 7-9% growth in FY26 despite US headwinds: ICRA
Updated : 5 months, 3 weeks ago IST
India's pharmaceutical industry is set to record healthy revenue growth of 7-9 per cent in FY26, even as challenges in the United States market continue to weigh on performance, noted rating agency ICRA in its latest sector outlook.
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NHAI may raise Rs 40,000 crore in FY26, exceeding target of Rs 30,000 cror
Updated : 5 months, 3 weeks ago IST
Rating agency ICRA projects road monetisation at Rs. 35,000-40,000 crore in FY26 if the assets identified by the National Highways Authority of India (NHAI) are monetised in a timely manner. The report based the assumption on the median valuation multiple of 0.62 times seen across the 10 awa
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Average tariff hike of 4.5% along with reduction in AT&C losses needed to
Updated : 5 months, 3 weeks ago IST
An average tariff hike of 4.5 per cent coupled with a reduction in aggregate technical and commercial (AT&C) losses below 15 per cent is essential to eliminate the gap between the average cost of supply (ACS) and average revenue realisation (ARR) for power distribution companies (discoms), r
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Bank credit flow to touch Rs 19 to 20.5 trillion in FY26; NBFCs projected
Updated : 5 months, 3 weeks ago IST
Indian banks incremental credit to grow by Rs 19 trillion to 20.5 trillion, translating into a year-on-year growth of 10.4-11.3 per cent according to a report by rating agency ICRA.
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India's apparel export outlook revised to negative from stable, apparel ex
Updated : 5 months, 3 weeks ago IST
The outlook for the Indian apparel export industry has been revised to Negative from Stable by rating agency ICRA, following the upward revision in tariff rates by the US.
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GST rationalisation could increase pressure on the oil and gas sector, say
Updated : 5 months, 3 weeks ago IST
The recent rationalisation of Goods and Services Tax (GST) is set to bring both relief and challenges across India's key sectors, according to the ICRA press release. However, in the oil and gas sector, the move could increase pressure.
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