Search For "icra"
Corporate insolvency cases fall 28% to 724 in FY2025; recoveries still low
Updated : 10 months ago IST
Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA.
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Domestic air passenger traffic rises 10% in April, ICRA projects 7-10% gro
Updated : 10 months ago IST
The total number of domestic air passengers during the month is estimated at 145.5 lakh, up from 132.0 lakh in April 2024. However, the growth remained flat on a month-on-month basis.
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Growing middle class, rising financial literacy boosting India's retail in
Updated : 10 months ago IST
A huge surge in retail investor participation has been witnessed in Indian capital markets over the past several years, and much of it could be attributed to the growing middle class coupled with rising financial literacy.
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Regulatory measures stabilise index options trading as market shows recove
Updated : 10 months ago IST
After months of volatility triggered by regulatory changes, trading activity in index derivatives and options is showing signs of stabilisation, according to a report by rating agency ICRA.
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India's Q4 GDP to grow 6.9%, lower than NSO's estimates of 7.6%: ICRA
Updated : 10 months, 1 week ago IST
Indian economy is expected to grow at 6.9 per cent in the January-March quarter 2025, the official data for which is scheduled to be released on May 30 by the National Statistics Office, according to rating agency ICRA.
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ICRA changes telecom tower industry's rating to Stable from Negative
Updated : 10 months, 1 week ago IST
Investment Information and Credit Rating Agency (ICRA) on Monday, revised its outlook for telecom tower industry to stable from negative, helped by the timely payments from key customers, along with the clearance of past over dues, which has eased the receivables cycle of the telecom tower c
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India-UK apparel, home textiles trade to double in 5-6 years under FTA: IC
Updated : 10 months, 1 week ago IST
India's apparel and home textiles trade with the United Kingdom is poised for significant growth, with volumes expected to double over the next 5-6 years, driven by the recently concluded Free Trade Agreement (FTA) between the two countries, according to a report by ICRA.
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India's trade surplus with UK remained flat during past decade; FTA to imp
Updated : 10 months, 1 week ago IST
India's trade surplus with the UK has grown marginally over the past decade and it is anticipated that the tariff concessions under recently agreed upon Free Trade Agreement are expected to improve overall trade, according to a report by ICRA.
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MoRTH's stricter bidding norms to ease competition in road projects: ICRA
Updated : 10 months, 2 weeks ago IST
The tightening of bidding norms by Ministry of Road Transport & Highways (MoRTH) through requirement of additional performance security (APS) will ease competitive pressure in Central Government Road projects, said credit rating agency ICRA.
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Religare Housing Development Finance Corporation Limited (RHDFCL) Rating U
Updated : 10 months, 2 weeks ago IST
New Delhi / Mumbai (Maharashtra) [India], May 13: Religare Housing Development Finance Corporation Limited (RHDFCL), a step down subsidiary of Religare Enterprises Limited (REL), today, announced that ICRA Limited has upgraded its rating to [ICRA]BBB- (Stable)/[ICRA]A3 for its Long-term/Shor
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India's co-working office supply to increase at CAGR of 21-22% during FY25
Updated : 10 months, 3 weeks ago IST
India's co-working or flexible office or supply will increase at a significant Compound annual growth rate (CAGR) of 21-22 per cent during Financial Year (FY) 2025 FY27 and reach 125 million square feet (msf) by March 2027 for the top six cities, according to a report by ICRA
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US tariffs may erode Rs 2700-4500 cr of operating profits of Indian auto c
Updated : 11 months ago IST
The rating agency estimates that the tariff-related impact could erode operating profits by Rs2,700-4,500 crore, equivalent to 10-15 per cent of the operating profits of auto component exporters and 3-6 per cent of the overall industry's operating profits.
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