Search For "rating agency icra"
Cement demand likely to witness modest growth in FY2018: ICRA
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): Credit rating agency ICRA has said that domestic cement demand is expected to register a modest growth of ~1 percent in FY2018 on the back of a rebound in cement demand from Q4 FY2018 as against the earlier expectations of Q3 FY2018.
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GVA growth to record sequential recovery to 6.3 % in Q2 FY2018: ICRA
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 21 (ANI): Credit rating agency, ICRA, on Tuesday said that it expects the growth of the Indian gross value added (GVA) at basic prices in year-on-year (YoY) terms to record a sequential recovery to 6.3 percent in Q2 FY2018 from 5.6 percent in Q1 FY2018.
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Credit profile of Indian IT Services companies to remain stable, says ICRA
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 26 (ANI): Credit rating agency ICRA has highlighted that the credit profile of Indian IT Services companies is likely to remain stable underpinned by its ability to sustain free cash flows despite pressure on revenue growth and margins.
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25 bps repo rate cut likely in August 2017 policy review, says ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], July 25 (ANI): Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017.
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GVA expected to rise by 6.9 pct in Q4 FY2017 aided by remonetisation: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], May 25 (ANI): Credit rating agency ICRA expects Indian GDP and gross value added (GVA) at basic prices to expand by 7.1 percent and 6.9 percent, respectively, in year-on-year (YoY) terms in Q4 FY2017.
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Haryana's Textile Policy to boost investments, spur development of te
Updated : 8 years, 6 months ago IST
New Delhi [India], May 3 (ANI): Credit rating agency ICRA on Wednesday announced that the Haryana state government recently announced the state specific Textile Policy on April 2017 that aims for integrated development of the textile industry with the state, at the same time remove the curre
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Cement prices rebound to pre-demonetisation levels: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 28 (ANI): Credit rating agency ICRA has recovered to pre-demonetisation levels of prices of key commodity such as cement in April 2017.
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RBI's tightening of prompt corrective action framework positive for b
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 19 (ANI): According to credit rating agency ICRA, the Reserve Bank of India's (RBI)'s revision in the prompt corrective action (PCA) framework for the banks is a positive and a welcome step, given the operating and financial profile of some of the banks.
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Raw sugar imports unlikely to affect sugar prices negatively in the near t
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 12 (ANI): Credit rating agency ICRA on Wednesday said that the recent duty free raw sugar imports of 0.5 million MT till June 12, 2017 imposed by Central Government is unlikely to have any significant negative impact on the prices or profitability of sugar mills in the
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ICRA assigns iAAA rating to Tata AIG General Insurance Company
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 5 (ANI): TATA AIG General Insurance Company Limited, one of India's leading private sector General Insurance Company has been conferred the 'iAAA' rating (pronounced as I triple A) for their Claims Paying Ability by the rating agency ICRA.
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Increase in IPP cap on production beyond reassessed capacity is a credit p
Updated : 8 years, 6 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, 6 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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