icra
CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry
The agency appointed T N Arun Kumar, currently executive director of ratings, as interim CEO.
Icra shares tumble over 5 pc after company sends MD and CEO on forced leave
The scrip dropped 5.23 per cent to close at Rs 3,050.10 on BSE. During day, it tanked 8.83 per cent to Rs 2,934.
Cement demand to pick up in Q3
There is a ray of hope as experts expect an upturn in demand from the third quarter, that is, post monsoon.
No duty gains to tyre firms
Now experts at ICRA felt that this duty imposition will not have significant impact on tyre demand for domestic tyre manufacturers.
Troubled mortgage lender DHFL again misses debt payments
DHFL only been able to make a 40 per cent payment on unsecured commercial papers due on Tuesday.
Operational creditors suffer 58 per cent haircut
The operational creditors took a haircut of 58 per cent on the total claims of around Rs 8,140 crore.
Steel industry seeks safeguard duty to counter rise in imports
The proposed duty is to cover under its purview products like semis, flats, longs, pipes and tubes, stainless steel and Railway products.
DHFL clears Rs 961 crore interest on NCDs
The company has made interest payments in lieu of Rs 961 crore as committed to its debenture holders.
Sugar dearer on cane availability concerns
Consider what Sabyasachi Majumdar, Senior Vice President & Group Head, Corporate Ratings, Icra, has to say about this.
Cement prices going north
Cement production was higher by around 13 per cent YoY in FY19, up from 6 per cent YoY growth in FY2018.