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 have made good progress on deposit mobilisation.
12 Nov 2019 2:39 AM
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 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
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
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
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
The agency appointed T N Arun Kumar, currently executive director of ratings, as interim CEO.
18 Jul 2019 12:37 PM
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
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
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
DHFL only been able to make a 40 per cent payment on unsecured commercial papers due on Tuesday.
26 Jun 2019 8:52 AM
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
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
The company has made interest payments in lieu of Rs 961 crore as committed to its debenture holders.
12 Jun 2019 2:23 AM
Consider what Sabyasachi Majumdar, Senior Vice President & Group Head, Corporate Ratings, Icra, has to say about this.
03 Jun 2019 3:03 AM
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
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
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
Icra downgraded the ratings on its six instruments totalling borrowings over Rs 33,000 crore by the lender.
09 May 2019 3:24 PM