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2d
Business Standard India
Led by commercial papers, credit growth picks up to 14.6 % to September endcorporate bond market. As a result most corporate are borrowing from the market
Business Standard India / Posted 2 days ago
corporate bond market. As a result most corporate are borrowing from the markets rather than from banks. However, a recent Icra report said that driven by the excess liquidity in the system due to poor credit offtake and also the RBI slashing SLR... Read more
2d
Business Standard India
Sept credit offtake at 14.6%corporate bond market. As a result most corporate are borrowing from the market
Business Standard India / Posted 2 days ago
corporate bond market. As a result most corporate are borrowing from the markets rather than from banks. However, a recent Icra report said that driven by the excess liquidity in the system due to poor credit offtake and also the RBI slashing SLR... Read more
4d
asianage
MF assets jump close to 30 per cent at Rs 20.4 trillion in Septa month ago, which the industry body Amfi attributed to the quarter-end phenome
asianage / Posted 4 days ago
a month ago, which the industry body Amfi attributed to the quarter-end phenomenon. According to the Amfi data collated by Icra BSE -0.66 per cent, during the past 19 quarter-end months, AUM has declined on 17 instances. Total net outflow in... Read more
4d
Business Standard India
As coal imports fall, major ports chalk out new strategiescoal, apart from other commodities via coastal shipping,” said K Ravichandran,
Business Standard India / Posted 4 days ago
coal, apart from other commodities via coastal shipping,” said K Ravichandran, group head, corporate sector ratings, ICRA. Gujarat-based Kandla Port, which handles four million tonnes of thermal coal annually, is in talks with Shipping... Read more
5d
Business Standard India
Wholesale inflation falls to 2.6% in Septemberwitnessed a slight increase at 2.72 per cent, against 2.45 per cent in August.
Business Standard India / Posted 5 days ago
witnessed a slight increase at 2.72 per cent, against 2.45 per cent in August. Aditi Nayar, principal economist with ICRA, said a favourable base effect aided moderation in inflation on fuel and power, despite the recent rise in prices of... Read more
3 related articles
5d
Business Standard India
Cotton price improves on reports of crop damagefrom India. While cotton prices have corrected to an extent from mid-September
Business Standard India / Posted 5 days ago
from India. While cotton prices have corrected to an extent from mid-September 2017 onwards which is expected to provide respite during H2 FY2018, recent revision in duty drawback rates is likely to exert some pressure on margins, an Icra study s... Read more
5d
The Hindu
Inflation at wholesale level slows to 2.6% in September“The correction in vegetable prices was the chief driver of the decline in prim
The Hindu / Posted 5 days ago
“The correction in vegetable prices was the chief driver of the decline in primary food inflation to 2.0% from 5.8%,” ICRA said in a note. “A favourable base effect aided the moderation in inflation for fuel and power, despite the recent rise... Read more
6d
The Times of Northwest Indiana
Northwest Indiana carpenters aim to prevent the spread of infections during hospital constructionAdam Fedak, IKORCC business representative and ICRA lead for Northwest Indiana,
The Times of Northwest Indiana / Posted 6 days ago
Adam Fedak, IKORCC business representative and ICRA lead for Northwest Indiana, says that though there are no hard statistics about the number of infections prevented by their effort, the union is serious about its work in and around hospitals. “Our... Read more
6d
asianage
Telecom sector needs Rs 50,000 crore a year investment: Icrasays a report. In a note released after a year of the deep-pocketed Reliance Ji
asianage / Posted 6 days ago
says a report. In a note released after a year of the deep-pocketed Reliance Jio's launch, domestic ratings agency Icra on Thursday said the troubles of the industry are far from over and "stabilisation (is) still some time away". It said... Read more
9d
Business Standard India
Industry warns cotton yarn exports may fall further, demands incentivesand Services Tax on both yarn and fabric have hit the hitherto untaxed industry
Business Standard India / Posted 9 days ago
and Services Tax on both yarn and fabric have hit the hitherto untaxed industry hard. A recent report from ratings agency ICRA says the rupee's rise over the past year, with high raw material prices in the past six to nine months, had... Read more
2 related articles
9d
Gulf News
Billionaire gets Tata’s 40m users in ‘cash free’ dealdebt of about 4.6 trillion rupees, largely because of aggressive bids for airwa
Gulf News / Posted 9 days ago
debt of about 4.6 trillion rupees, largely because of aggressive bids for airwaves, according to credit rating agency ICRA LtdFor Tata, its mobile-phone business has been a long-running headache. Until its resolution earlier this year, the... Read more
29 related articles
9d
New Kerala
IIP grows 4.3 pct in August; CPI inflation at 3.28 pct - newkerala news #280105sectors recorded healthy performances on the back of coal and thermal electrici
New Kerala / Posted 9 days ago
sectors recorded healthy performances on the back of coal and thermal electricity, reported credit rating agency, ICRA. Encouragingly, the sequential improvement in industrial growth in August 2017 was broad-based, led by all three... Read more
5 related articles
9d
The Economic Times
Pay hike blunts CIL edge before tougher raceinfrastructure and customer base,“ said Jayanta Roy , senior vice-president and
The Economic Times / Posted 9 days ago
infrastructure and customer base,“ said Jayanta Roy , senior vice-president and group head corporate sector ratings, at ICRA. “The success of commercial mining, on the other hand, will depend on the nature and potential of the mines offered,... Read more
9d
The Indian Express
Restocking after GST and festival season push IIP to nine-month highthe August print may not be indicative of the trend in the coming months. Acco
The Indian Express / Posted 9 days ago
the August print may not be indicative of the trend in the coming months. According to Aditi Nayar, Principal Economist, ICRA Ltd, “On a cautious note, this uptick in industrial growth may not sustain in September 2017, with early indicators for... Read more
5 related articles
10d
The Economic Times
Billionaire Kumar Mangalam Birla may tap financial markets as India's telecom wars worsenthem at all. Combined, the carriers owed 4.6 trillion rupees ($71 billion) at t
The Economic Times / Posted 10 days ago
them at all. Combined, the carriers owed 4.6 trillion rupees ($71 billion) at the end of March, according to rating company ICRA. “Banks have become very selective,” Birla said. “Loans for the telecom unit have become more expensive than for other... Read more
6 related articles
10d
The Economic Times
Billionaire Kumar Mangalam Birla may tap financial markets as India's telecom wars worsenthem at all. Combined, the carriers owed 4.6 trillion rupees ($71 billion) at t
The Economic Times / Posted 10 days ago
them at all. Combined, the carriers owed 4.6 trillion rupees ($71 billion) at the end of March, according to rating company ICRA. “Banks have become very selective,” Birla said. “Loans for the telecom unit have become more expensive than for other... Read more
6 related articles
11d
New Kerala
Textile exporters facing growth, profitability pressures amidst multiple headwinds - newkerala news #279654current calendar year, which reduced competitiveness of Indian exporters compar
New Kerala / Posted 11 days ago
current calendar year, which reduced competitiveness of Indian exporters compared to their counterparts, credit-rating body ICRA noted. The Indian textile exporters are facing difficult times since the past few months, which have led to constrained... Read more
2 related articles
11d
Business Standard India
HDFC to raise Rs 2,500 cr via bonds to boost housing finance businessrequirements of the Corporation," HDFC said in a regulatory filing. The issue
Business Standard India / Posted 11 days ago
requirements of the Corporation," HDFC said in a regulatory filing. The issue will open for subscription on October 17 and closes the same day. The bonds are rated AAA by Crisil and ICRA, reflecting the an exceptional degree of creditwort... Read more
11d
The Economic Times
Textile exporters facing difficult times leading to constrained growth: ICRAtimes since the past few months which have led to constrained growth as well as
The Economic Times / Posted 11 days ago
times since the past few months which have led to constrained growth as well as pressures on profitability, according to ICRA. In a report released on Wednesday, ICRA said that exporters have been facing subdued demand trends in the key... Read more
2 related articles
11d
Business Standard India
JSW, Tata in race for top slot in steel industryup their operations further through implementation of brownfield expansion proj
Business Standard India / Posted 11 days ago
up their operations further through implementation of brownfield expansion projects,” Jayanta Roy, senior vice president, ICRA, said. Growing in India makes sense for the companies because there are some positive indicators. Domestic demand has... Read more
12d
New Kerala
15th Annual Construction World Awards Announced - newkerala news #279266Project Finance, India Ratings & Research; K Ravichandran, Senior Vice Presiden
New Kerala / Posted 12 days ago
Project Finance, India Ratings & Research; K Ravichandran, Senior Vice President and Group Head, Corporate Sector Ratings, ICRA; Vijay Agrawal, Executive Director, Equirus Capital; Deepak Garg, CEO, SANY Heavy Industry India; Binaifer Jehani,... Read more
12d
The Economic Times
Dassault plans business-jet manufacturing in India on Modi's pushfully Aadhaar-enabled by 2018 Vistara to fly to Dubai & Abu Dhabi, to hire pil
The Economic Times / Posted 12 days ago
fully Aadhaar-enabled by 2018 Vistara to fly to Dubai & Abu Dhabi, to hire pilots for international expansion Funding required for airport infrastructure to counter growing air traffic: ICRA PIA to operate another flight to India from this... Read more
12d
The Economic Times
Why Motilal Oswal’s Yogesh Mehta is betting on L&T7% levels in next two quarters, banks will start outperforming again: Ajay Bagg
The Economic Times / Posted 12 days ago
7% levels in next two quarters, banks will start outperforming again: Ajay Bagga CPI inflation to cross 4% by November-December: Aditi Nayar, ICRA Expect non-cotton biz to be 50% to 60% of total business in 3-5 years: G Vijay Kumar, Kaver... Read more
12d
asianage
Airports need Rs 2.4 trillion investment in 10 years to meet demandan estimated capital expenditure of Rs 2.4 trillion in the next ten years, said
asianage / Posted 12 days ago
an estimated capital expenditure of Rs 2.4 trillion in the next ten years, said the report by domestic credit rating agency Icra. The country invested around Rs 52,000 crore over the last decade at various airports. The projected investment... Read more
14d
The Economic Times
Vistara to fly to Dubai & Abu Dhabi, to hire pilots for international expansionto hire pilots for international expansion Funding required for airport infras
The Economic Times / Posted 14 days ago
to hire pilots for international expansion Funding required for airport infrastructure to counter growing air traffic: ICRA PIA to operate another flight to India from this month Air India renews insurance for $14 m, 20% discount over last... Read more
14d
The Economic Times
Funding required for airport infrastructure to counter growing air traffic: ICRAcrore in the next ten years, much higher than around Rs. 52,000 crores incurred
The Economic Times / Posted 14 days ago
crore in the next ten years, much higher than around Rs. 52,000 crores incurred over the last decade, credit-rating body ICRA opined. The airports infrastructure sector in India is increasingly getting constrained by the strong growth in traffic... Read more
2 related articles
15d
Business Standard India
Rs 2.4 lakh cr needed to tackle air traffic, improve airport infra: Icracrore in the next ten years, much higher than around Rs. 52,000 crore incurred
Business Standard India / Posted 15 days ago
crore in the next ten years, much higher than around Rs. 52,000 crore incurred over the last decade, credit-rating body ICRA opined. The airports infrastructure sector in India is increasingly getting constrained by the strong growth in traffic... Read more
2 related articles
15d
New Kerala
Funding required for airport infrastructure to counter growing air traffic: ICRA - newkerala news #278301crore in the next ten years, much higher than around Rs. 52,000 crore incurred
New Kerala / Posted 15 days ago
crore in the next ten years, much higher than around Rs. 52,000 crore incurred over the last decade, credit-rating body ICRA opined. The airports infrastructure sector in India is increasingly getting constrained by the strong growth in traffic... Read more
2 related articles
16d
New Kerala
Increasing revenues a silver lining for multiplexes: ICRA - newkerala news #278072offerings of the multiplexes, which leave room for the multiplex players to imp
New Kerala / Posted 16 days ago
offerings of the multiplexes, which leave room for the multiplex players to improve their market share. "Going forward, ICRA's outlook on the Indian multiplex industry is a "positive" for the medium term, given the potential to expand due to low... Read more
17d
asianage
Weak monsoon, low reservoir level to affect fertiliser demand in H2 FY18industry, weak monsoon and low reservoir levels are likely to impact demand in
asianage / Posted 17 days ago
industry, weak monsoon and low reservoir levels are likely to impact demand in the second half of this financial year, ICRA said in a report. "The demand for fertilisers in the second half of FY18 should witness moderate growth as weakness in... Read more
17d
The Economic Times
Leather and leather footwear export facing massive challengesdrop in the value of the British Pound (GBP) following the vote on referendum t
The Economic Times / Posted 17 days ago
drop in the value of the British Pound (GBP) following the vote on referendum to exit the European Union, according to an ICRA report. The sector is also facing headwinds due to appreciation in the value of the rupee against major currencies and... Read more
17d
The Economic Times
Top stocks in focus on 5 October 2017apparels/Garments manufactured under the brand name 'NUSH'. Dixon Technologies
The Economic Times / Posted 17 days ago
apparels/Garments manufactured under the brand name 'NUSH'. Dixon Technologies (India): The company announced that ICRA has upgraded the ratings of the Company assigned to bank facilities and commercial paper respectively. The rating for... Read more
18d
Business Standard India
Decline in coal imports to hurt long-term returns of ports: Icraas iron ore volumes picked up 29 per cent," said K Ravichandran, senior vice-pr
Business Standard India / Posted 18 days ago
as iron ore volumes picked up 29 per cent," said K Ravichandran, senior vice-president and group head, corporate ratings at Icra. "The continuing decline in coal volumes at a more rapid rate, as compared to the previous periods, is a concern over... Read more
18d
asianage
RBI should have cut interest rate to boost growth: India Incmaterialise only if the inflation trajectory significantly undershoots expectat
asianage / Posted 18 days ago
materialise only if the inflation trajectory significantly undershoots expectations," said Naresh Takkar, MD & Group CEO, ICRA Ltd. "While domestic consumption is likely to remain the chief driver of economic growth in FY2018, a sustainable... Read more
15 related articles
18d
The Economic Times
RBI should have cut interest rate to boost growth: India Incmaterialise only if the inflation trajectory significantly undershoots expectat
The Economic Times / Posted 18 days ago
materialise only if the inflation trajectory significantly undershoots expectations," said Naresh Takkar, MD & Group CEO, ICRA Ltd. "While domestic consumption is likely to remain the chief driver of economic growth in FY2018, a sustainable... Read more
15 related articles
18d
New Kerala
Continuing decline in coal imports to impact long term returns for port players: ICRA - newkerala news #277395will impact the returns for such port sector players," said senior vice-preside
New Kerala / Posted 18 days ago
will impact the returns for such port sector players," said senior vice-president and group head, Corporate Ratings ICRA, K. Ravichandran. Cargo throughput at Indian ports registered a 5.7 percent growth to 1,133 MT during FY2017 as against... Read more
18d
The Economic Times
Consumption-Linked sectors are faring better: Crisilthe financial health of India Inc, a statement that is good news for policymake
The Economic Times / Posted 18 days ago
the financial health of India Inc, a statement that is good news for policymakers as well as businesses. In a statement, ICRA said that there were 1.16 upgrades for every downgrade during the first half of the current financial year, in contrast... Read more
2 related articles
18d
The Economic Times
Ratings upgrades for India Inc trump downgrades this fiscaland downgraded 434 in the first half of FY18 for a credit ratio of 1.88 times,
The Economic Times / Posted 18 days ago
and downgraded 434 in the first half of FY18 for a credit ratio of 1.88 times, compared with 1.22 for the whole of FY17. ICRA upgraded 304 entities and downgraded 261 for a credit ratio of 1.2 times, similar to its FY17 assessment. A credit... Read more
2 related articles
18d
asianage
Agencies clash on credit profilelist with Crisil Rating claiming a recovery in the credit quality during the fi
asianage / Posted 18 days ago
list with Crisil Rating claiming a recovery in the credit quality during the first six month of the current fiscal and ICRA reporting further deterioration in India Inc’s credit profiles. According to Crisil, there were 817 upgrades to 434... Read more
2 related articles
19d
Business Standard India
August core sector output rises by 4.9% from 2.6% in Julyin that month has helped to narrow the YTD contraction to a marginal 0.2 per ce
Business Standard India / Posted 19 days ago
in that month has helped to narrow the YTD contraction to a marginal 0.2 per cent, Aditi Nayar, Principal Economist at Icra said. As a result of this, electricity generation rose by 10.3 per cent in August. It had risen by 5.4 per cent in... Read more
4 related articles
19d
The Economic Times
Core sector growth rises to 4.9% in August; highest in 5 months(IIP) as these segments account for about 41 per cent to the total factory outp
The Economic Times / Posted 19 days ago
(IIP) as these segments account for about 41 per cent to the total factory output. Commenting on the data, rating agency ICRA said: "Given the favourable base effect and the expected rebuilding of inventories prior to the festive season, we... Read more
4 related articles
19d
The Economic Times
Increase in domestic gas price, depreciation of Rupee to support upstream gas producers: ICRAcountry targeted by the government itself,” said K Ravichandran, Senior Vice-Pr
The Economic Times / Posted 19 days ago
country targeted by the government itself,” said K Ravichandran, Senior Vice-President and Group Head, Corporate Ratings, ICRA. “The issue of such low prices for a sustained period making exploration and production unviable, even for benign... Read more
20d
Business Standard India
Tea prices in India dip even as they rise in major tea producing nationsprices varying considerably across quality grades. Kaushik Das, Vice President
Business Standard India / Posted 20 days ago
prices varying considerably across quality grades. Kaushik Das, Vice President and Sector Head, Corporate Sector Ratings, Icra, said while there was some moderation in average domestic auction prices, variation was seen across grades, with better... Read more
20d
Business Standard India
MFIs might write off NPAs worth over Rs 4,100 cr in FY18off about 70 per cent of their non-performing assets (NPAs) in 2018. Rohit Ina
Business Standard India / Posted 20 days ago
off about 70 per cent of their non-performing assets (NPAs) in 2018. Rohit Inamdar, group head financial sector ratings, ICRA, said loans worth Rs 5,900 crore were in the 90-day dues bucket. Based on the recovery trends from delinquent buckets,... Read more
20d
Business Standard India
Direct tax collection falls in Augreason for the low figures could be higher refunds, suggests Aditi Nayar, princ
Business Standard India / Posted 20 days ago
reason for the low figures could be higher refunds, suggests Aditi Nayar, principal economist at ratings agency ICRA. On the brighter side, the cumulative collection in both personal income tax and corporation tax has remained robust,... Read more
11 related articles
21d
The Economic Times
Cold storages licenses to be given to farmers: Manohar Lal Khattarchain in Public Private Partnership mode Spinners face challenging times; impr
The Economic Times / Posted 21 days ago
chain in Public Private Partnership mode Spinners face challenging times; improved cotton crop to provide some succour: ICRA Fresh arrival of cotton, soya crops to soften edible oil prices Dal millers ask government to allow export of... Read more
21d
Business Standard India
Spinning mills' margins to recover in Q3 on bumper cotton outputthe domestic spinners during H2 FY2018," said Jayanta Roy, Senior Vice-Presiden
Business Standard India / Posted 21 days ago
the domestic spinners during H2 FY2018," said Jayanta Roy, Senior Vice-President and Group Head, Corporate Sector Ratings, Icra. Although the weather conditions have been largely favourable, erratic rainfall in Southern and Central India, flooding... Read more
22d
Business Standard India
Stimulus roadblock: Fiscal deficit at 96% of full-year targetrefunds persists over the next two to three months, it may cloud the budget pla
Business Standard India / Posted 22 days ago
refunds persists over the next two to three months, it may cloud the budget planning process for FY19,” said Aditi Nayar of ICRA. Non-tax revenue was Rs 69,256 crore, or 24 per cent of the full-year target, compared to 32.5 per cent for... Read more
8 related articles
22d
The Economic Times
Trai seeks public views on norms for in-flight mobile servicescompanies in a bind Sachiin Joshi takes full control of Playboy franchise Pro
The Economic Times / Posted 22 days ago
companies in a bind Sachiin Joshi takes full control of Playboy franchise Profitability of telcos to fall in FY18, says ICRA Telcos to invest $20 billion in next 2 years: Bharti Enterprise VC Roads should have ducts to create smart cities says... Read more
22d
The Economic Times
Telecom Commission approves Rs 2,258-crore tender for installing 2,817 mobile towerscompanies in a bind Sachiin Joshi takes full control of Playboy franchise Pro
The Economic Times / Posted 22 days ago
companies in a bind Sachiin Joshi takes full control of Playboy franchise Profitability of telcos to fall in FY18, says ICRA Telcos to invest $20 billion in next 2 years: Bharti Enterprise VC Roads should have ducts to create smart cities says... Read more
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