Search For "rating agency icra"
Construction sector to lead recovery in steel demand: ICRA
Updated : 6 years, 9 months ago IST
New Delhi [India], June 5 (ANI): While the performance of domestic steelmakers is likely to be lower in the first quarter of the current financial year as compared the previous year due to several headwinds, the construction sector will be at the forefront of demand recovery in the second ha
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Corporates report plunging revenue growth, lower margins in Q4 FY19: ICRA
Updated : 6 years, 9 months ago IST
New Delhi [India], May 26 (ANI): The fourth quarter (January to March 2019) financial results released by 304 companies in the corporate sector show a sequential drop in revenue growth to 10.7 per cent from 20.1 per cent in the previous quarter (October to December 2018), according to invest
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Creditors expect increase in realisations through IBC despite hiccups
Updated : 6 years, 10 months ago IST
New Delhi [India], May 19 (ANI): Innumerable litigations, defiant promoters, failing sectors and over-burdened National Company Law Tribunals (NCLTs) have negatively impacted corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC) over the past two years, ac
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M&A deals in hospital sector jump by 155 pc in FY 19: ICRA
Updated : 6 years, 10 months ago IST
New Delhi [India], May 7 (ANI): The total value of merger and acquisition (M&A) transactions in the hospital sector totalled Rs 7,615 crore in 2018-19 as against Rs 2,991 crore done in the previous fiscal, recording an increase of 155 per cent, according to investment information and
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ICRA downgrades Yes Bank's bonds as quality of large borrowers slides
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): Private lender Yes Bank said on Saturday that rating agency ICRA has downgraded its tier-I and tier-II bonds and infrastructure debt following deterioration in the credit quality of large ticket borrowers.
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ICRA downgrades Reliance Capital to A4 with negative implications
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 27 (ANI): Rating agency ICRA has revised its ratings for Anil Ambani-led Reliance Capital and its subsidiaries from A2 to A4 with negative implications.
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Telecom industry needs to fiberise networks: ICRA
Updated : 6 years, 11 months ago IST
New Delhi [India]. Mar 31 (ANI): With over a billion mobile phone customers and an explosion of mobile data consumption over the past two years, the Indian telecom industry needs to migrate from traditional copper-based networks to dense optic fiber cable networks, according to investment
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Reduced tax rate for real estate sector to bolster consumer sentiments: IC
Updated : 7 years ago IST
New Delhi [India], Feb 26 (ANI): Credit rating agency ICRA said on Tuesday that lower GST rates for under-construction residential properties are expected to improve customer sentiment but removal of input tax credit may create short term disruption in sales and collections from ongoing p
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Budget 2018: Expect increase in better healthcare facilities
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): With the Union Budget just two days away, credit rating agency ICRA has given its view on the expectations that the healthcare sector would look forward to on February 1.
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Inflation numbers encourages improving trend: ICRA on IIP
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 12 (ANI): Commenting on India's retail inflation, which grew at 5.2 percent in December, Credit rating agency ICRA on Friday said that the extent of the uptick in IIP growth in November 2017 was far sharper than expected.
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Indian pharma growth likely to be moderate: ICRA
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 3 (ANI): The growth trajectory for Indian pharmaceutical industry is likely to be moderate, according to credit rating agency ICRA.
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Rebound in SDL issuance in Q4 to widen spread relative to G-Sec yields: IC
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 20 (ANI): Credit rating agency ICRA expects the pace of issuance of state development loans (SDL) to rebound in Q4 of FY2018, after a fresh borrowing limit set by the government, led by back-ended redemption of market borrowings and possible funding of a portion of the
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