ICRA Ltd News
ICRA expects 18-20% growth for airport operators in FY26 on higher traffic
Indian airport operators are expected to see an 18-20 per cent topline year-on-year growth in this fiscal, driven by a sustained improvement in passenger traffic and tariff hike as well as ramp-up in non-aeronautical revenues, ratings agency ICRA said on Thursday. At the same time, ICRA estimates overall air passenger traffic growing at a healthy 7-9 per cent Y-o-Y to reach at 440-450 million in FY26, on the back of an around 10 per cent estimated increase in the just concluded financial year, it said. The overall passenger traffic (domestic and international) is estimated at 412-415 million in FY25, as per ICRA. The ratings agency said its estimation is based on a sample set of airports, including those managed and operated by the Airports Authority of India (AAI), as well as Delhi, Bangalore, Hyderabad and Cochin International Airports, which operate under the public-private partnership (PPP) model. Also, given the capacity bottleneck faced by a few airports, the sector will ...
 "ICRA expects 18-20% growth for airport operators in FY26 on higher traffic")
ICRA Analytics ventures into Indian cybersecurity market with Bitsight
ICRA Analytics Limited (ICRA Analytics), a wholly-owned subsidiary of ICRA Ltd, has announced its foray into the USD 3-5 billion Indian cyber security market through a collaboration with Bitsight, a leading global cyber risk management firm and a Moody's partner. This partnership will enable ICRA Analytics to offer cutting-edge cyber risk management solutions to clients across India, the company said. "The Indian cyber security market is estimated to be valued at approximately USD 3-5 billion and is expected to grow at a CAGR of 13-15 per cent over the next five years. ICRA Analytics expects this foray to support its business growth in the future," ICRA Analytics MD & CEO Jayanta Chatterjee told PTI. "Our collaboration with Bitsight will enable us to deliver next-generation cyber risk solutions across India. This strengthens our bouquet of offerings under the risk management platform and ensures access to superior quality cyber risk management frameworks for our clients," he said
 "ICRA Analytics ventures into Indian cybersecurity market with Bitsight")
Urban demand situation may affect firms' capex plans: Icra MD & Group CEO
The volatility in inflation still remains substantial and interest rates are not expected to come down, weighing on private capex
 "Urban demand situation may affect firms' capex plans: Icra MD & Group CEO")
