Tuesday, Jan 28, 2020 | Last Update : 01:07 AM IST


Reveneue de-growth for cotton spinners seen

Spinners expect that the overall FY20 performance will be weighed down by the tepid volumes and weak earnings seen so far.

18 Dec 2019 2:12 AM

SFBs would need nearly Rs 3,900crore till FY22: ICRA

SFBs have made good progress on deposit mobilisation.

12 Nov 2019 2:39 AM

Bank credit growth to moderate to 8.5 pc in FY20: Icra

Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.

04 Nov 2019 3:35 PM

ICRA: Domestic passenger traffic growth in July drops to 1.8pc at tourist season end

ICRA VP and Co-Head, Corporate Sector Ratings, Kinjal Shah said, ‘Growth in industry capacity continued to be muted in July 2019 at 3.5pc.’

12 Sep 2019 6:25 PM

Good days behind for petchem industry: Icra

Going forward, the olefins cycle is likely to decline further and that in turn would lead to subdued returns, they added.

10 Sep 2019 1:45 AM


Challenges in resolution of construction firms: Icra

The financial creditors of stressed construction firms are likely to face high haircuts and smooth resolution still remains a far cry.

06 Aug 2019 2:42 AM

IL&FS case: Sebi widens probe into role of rating agencies

Grant Thornton was asked to review ratings provided by various credit rating agencies (CRAs) to IL&FS group companies.

21 Jul 2019 11:55 AM

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.

18 Jul 2019 12:37 PM

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.

02 Jul 2019 4:52 PM

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.

28 Jun 2019 1:49 AM


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.

27 Jun 2019 1:44 AM

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.

26 Jun 2019 8:52 AM

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.

20 Jun 2019 1:42 AM

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.

17 Jun 2019 2:05 AM

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.

12 Jun 2019 2:23 AM


Sugar dearer on cane availability concerns

Consider what Sabyasachi Majumdar, Senior Vice President & Group Head, Corporate Ratings, Icra, has to say about this.

03 Jun 2019 3:03 AM

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.

28 May 2019 1:51 AM

DHFL shares close with over 9 per cent loss

On the BSE, the scrip of the NBFC opened on a negative note and further slumped to Rs 117.65.

22 May 2019 5:15 PM

FIIs bet big on warehousing parks

Interestingly, the total amount of equity commitments to such platforms is at least $2.5 billion over the last two years.

17 May 2019 12:18 AM

India Ratings downgrades Yes Bank with negative outlook

Icra downgraded the ratings on its six instruments totalling borrowings over Rs 33,000 crore by the lender.

09 May 2019 3:24 PM