Mumbai (Maharashtra) [India], November 2 (ANI/PRNewswire): Credit rating agency ICRA has assigned AA- (Stable) rating for the proposed non-convertible debentures (NCDs) of NMDC Data Centre Private Limited (NMDC). The rating is provisional subject to the completion of certain documentation fo
New Delhi [India], October 9 (ANI): During the financial year 2022-23, the domestic road logistics sector's growth is anticipated to continue due to the rapid expansion of business activities along with the support of robust growth in 2021-22 (FY22), said rating agency Icra recently.
New Delhi [India], October 6 (ANI): The domestic road logistics sector is expected to continue its growth momentum in FY2023 supported by the accelerated pace of business activities, following a healthy growth in FY2022, ratings agency ICRA said on Thursday.
Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of the current financial year, carrying on with the momentum set in motion since the beginning of the financial year 2021-22, rating agency ICRA said on Monday.
New Delhi [India], August 19 (ANI): Indian commercial vehicle industry is on the road to recovery and is expected to witness a growth (in volume) of 12-15 per cent in 2022-23 (April-March), rating agency ICRA said in a report.
New Delhi [India], June 27 (ANI) Given the uneven domestic economic recovery, and a relatively larger output gap compared to pre-Covid levels, as well as higher inflation tolerance levels, rating agency ICRA expects India's policy rate hike cycle to be shallower vis-a-vis the US Fed.
New Delhi [India], June 9 (ANI): Data centre capacity in India is estimated to post a five-fold jump in the next five years and attract an investment of around Rs 1.20 lakh crore during this period, as per a recent report by rating agency ICRA.
New Delhi [India], Sep 6 (ANI): The stress on Vodafone Idea Ltd (VIL) is likely to impact financial as well as other stakeholders and can impact the industry structure, rating agency ICRA said on Monday.
New Delhi [India], Aug 30 (ANI): Rating agency ICRA has said its outlook for renewable energy (RE) sector is stable supported by continued policy support from the government, strong project pipeline and superior tariff competitiveness offered by wind and solar power projects -- both in the u
New Delhi [India], Aug 21 (ANI): Primary fertiliser sales volume during first four months of FY22 registered 11 per cent decline compared to 4M FY21, mainly due to the base effect as during H1 FY21 fertiliser sales witnessed an upsurge owing to panic buying by farmers following Covid-19 pand
Gurugram (Haryana) [India], August 20 (ANI): Electric buses are expected to account for 8 to 10 per cent of new sales by 2025 and be at the forefront of India's electrification drive, according to rating agency ICRA.
New Delhi [India], Aug 20 (ANI): Sugar export prospects appear encouraging for next sugar season (SY2022) in light of recent surge in international raw sugar prices to around USD 430 per tonne in August -- the highest levels in past four years -- rating agency ICRA has said.