ICRA


Icra Q4 Net Profit Up 14.5% YoY To Rs 38.6 Cr; Revenue Rises 16.4%

Banking - Published date: .

Consolidated revenue from operations increased by 17.6 per cent YoY to Rs 403.2 crore in FY23 Read more

ICRA Downgrades Ratings Of Shapoorji Pallonji To BBB+, Places It On Watch

Banking - Published date: .

ICRA has downgraded the ratings of Shapoorji Pallonji and Company to BBB+ from A- and placed it on rating watch with dev... Read more

Icra Downgrades Shapoorji Pallonji Group Flagship's Ratings To BBB+

Banking - Published date: .

The flagship company of Shapoorji Pallonji Group, the single-largest shareholder in Tata Sons, had its debt downgraded o... Read more

India Inc's Credit Quality Outlook Positive For FY24, Say Crisil And Icra

Banking - Published date: .

Interest rate hikes, global slowdown, stubborn inflation pose risk Read more

ICRA Upgrades Outlook On Infra Finance Firms To 'positive' From 'stable'

Banking - Published date: .

Rating agency cites sector's improved solvency profile, loan book growth and earnings Read more

Coal, Crude Oil Spike Lead Port Cargo Charge In FY23, Shows Govt Data

Banking - Published date: .

Growth in bulk segments, but grey clouds hover over container cargo Read more

Mindspace Raises Rs 550 Cr Through Green Bond To Finance Projects

Banking - Published date: .

Issue had participation from leading insurers, mutual funds, other investors: Real estate firm Read more

Icra Downgrades Outlook On Adani Ports, Adani Total To 'negative'

Banking - Published date: .

Affirms ratings on long-term loans of both firms Read more

Global Macro Headwinds May Moderate Growth For Indian IT Industry: Icra

Banking - Published date: .

The evolving global macroeconomic headwinds could moderate growth for Indian IT services industry over the medium term, ... Read more

Icra Maintains Negative Outlook On Indian Aviation

World - Published date: .

Elevated jet fuel prices and rupee depreciation continue to post major threat to the earnings and liquidity profile of a... Read more

Canara Bank To Raise Up To Rs 3,500 Crore Through Tier II Bonds

Banking - Published date: .

Its last capital raise via Tier II bonds for Rs 2,500 crore was in December 2021 at coupon of 7.09 per cent Read more

LIC Adds Rs 1,983 Cr In Kitty By Offloading Shares In Siemens, Icra

Banking - Published date: .

LIC said its holding in Siemens decreased by over 2 per cent from October 14, 2020, to July 18, 2022, at an average cost... Read more

Despite Pandemic, Hospital Chains Set For Revenue, Margin Growth In FY22

Banking - Published date: .

Despite the third wave hitting elective surgeries and infecting a large number of medical personnel, hospitals are expec... Read more

Telecom Tower Companies To Face 180k Tenancy Losses If VIL Collapses : Icra

Banking - Published date: .

Vodafone Idea's financial stress underlined by mounting losses and rising debt is likely to impact its financial lenders... Read more

ONGC Videsh Plans To Raise $700 Million From Overseas Investors

Banking - Published date: .

The company plans to retire old loans Read more

Virus Impact: Fashion Retailers' Revenue To Hit Pre-Covid Levels In FY23

Banking - Published date: .

The second wave of coronavirus infections reported from various pockets of the country has come as a "strong headwind" t... Read more

ICRA Reaffirms AA-plus Rating On United Spirits' Financial Instruments

Banking - Published date: .

ICRA has reaffirmed AA-plus rating with a stable outlook on United Spirits Ltd's (USL's) Rs 3,425 crore long-term, short... Read more

Domestic Carriers May Post Loss Of Rs 21k Cr In FY21 On Revenue Loss: Icra

Banking - Published date: .

The ratings agency has also revised downward its passenger traffic forecast with domestic passenger traffic estimated to... Read more

Credit Metrics Of Leading Pharma Companies To Remain Stable: ICRA

Banking - Published date: .

The global demand scenario for Indian pharmaceutical industry is largely expected to remain stable due to inelastic natu... Read more

Stable Outlook For Tractor Industry, Limited Covid Impact On Demand: Icra

Banking - Published date: .

In June, the industry recorded a 22 per cent growth in wholesale volumes and 10 per cent growth in retail volumes Read more