Updated : 4 months ago IST
New Delhi [India], July 29 (ANI): The board of directors at investment information firm ICRA has appointed Larsen & Toubro (L&T) veteran N Sivaraman as its Managing Director and Group Chief Executive Officer.
Updated : 4 months, 1 week ago IST
New Delhi [India], July 25 (ANI): The domestic sugar production is likely to increase by 12.1 per cent to 30.5 million tonnes in SY21 after adjusting for the impact of diversion of B-heavy molasses and sugarcane juice for ethanol manufacture, according to investment information firm ICRA.
Updated : 4 months, 2 weeks ago IST
New Delhi [India], July 18 (ANI): The outlook for kharif season (June to October) remains favourable as sowing was 44.1 per cent higher than the year-ago level and more than half of the 2019 kharif acreage had been covered, investment information firm ICRA has said.
New Delhi [India], July 17 (ANI): ICRA has assigned AA-plus rating to Tata enterprise Titan's Rs 1,700 crore fund-based instrument and A1-plus to Rs 1,500 crore commercial paper with outstanding outlooks.
Updated : 4 months, 3 weeks ago IST
New Delhi [India], July 8 (ANI): ICRA has reaffirmed GE T&D India's long-term and short-term credit ratings but downgraded the outlook from stable to negative for long-term ratings.
Pune (Maharashtra) [India] July 7 (ANI/BusinessWire India): The International Monetary Fund projected a global growth of -4.9 per cent for this year, which is 1.9 percentage points lower than April 2020 forecast.
Updated : 5 months ago IST
New Delhi [India], July 4 (ANI): Although the port sector has been classified under essential services and remained operational during the lockdown, the adverse impact on domestic economic activity as well as a slowdown in global trade has resulted in a steep contraction in cargo volumes at
Updated : 5 months, 1 week ago IST
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
Mumbai (Maharashtra) [India], June 24 (ANI): Rating agencies ICRA and CARE have downgraded Yes Bank's rating on Rs 32,611.7 crore upper tier-2 bonds to D.
Updated : 6 months ago IST
Pune (Maharashtra) [India] May 30 (ANI/BusinessWire India): Families today face a rare dilemma: on one hand, the past few months have led to discretionary spending and surplus cash in hand. Conversely, the economy is struggling, which translates to a decline in the average risk appetite when
Updated : 6 months, 3 weeks ago IST
New Delhi [India], May 12 (ANI): ICRA has reaffirmed credit ratings for the bank facilities availed by JTEKT India Ltd (JIL), the largest manufacturer of steering systems for passenger car and utility vehicle market in the country.
Updated : 6 months, 4 weeks ago IST
New Delhi [India], May 6 (ANI) The incremental credit flow from banks, commercial papers (CPs) and corporate bonds outstanding could rise by Rs 7.3 lakh crore to 9.7 lakh crore during the current financial year FY21, according to investment information firm ICRA.