Page 25 - Icra

Surge in Covid-19 cases, localised curbs to hit securitisation: ICRA

ICRA said it expects the full year volumes (FY22) to be around Rs 1 - 1.1 trillion, marginally lower than its earlier estimates of about Rs 1.2 trillion.

High WPI inflation 'blessing in disguise' for toll road projects: Icra

Rating agency Icra said high Wholesale Price Index inflation is a blessing in disguise for toll road projects as toll collections are set to witness 14-15% growth in 2022-23

Renewable energy generation capacity addition to touch 16 GW in FY23: ICRA

India's renewable energy capacity addition is estimated to touch 16 GW in the next financial year in view of the strong pipeline of 55 GW clean energy projects, according to ICRA.

Icra maintains 'stable' outlook for Indian road logistics sector

The optimism stems from the favourable scenario wherein most players reported strong growth in freight volumes on a sequential basis in the second quarter of FY'22

Bad loans of small finance banks may go up 70-80 bps by FY22-end

On an overall basis, ICRA expects some reduction in GNPAs in the second-half of FY22

ICRA places RBL Bank ratings under watch with developing implications

ICRA will continue to monitor the developments related to the deposit levels as this could have a material impact on the liquidity position of the bank

Growth momentum loses steam in Nov amid demand, supply disruption: ICRA

Rating agency ICRA on Friday said the growth momentum lost steam in November 2021 on the back of "some satiation" of pent-up demand as well as supply chain disruptions

Rising input costs to hit cement companies' margins by 200-230 bps: ICRA

Rise in input costs for cement manufacturers is expected to hit the sector's overall operating margins by 200-230 basis points in FY22, ratings agency ICRA said

ICRA cuts growth forecast for passenger vehicle industry to 8-11% for FY22

For the two-wheeler segment, it said the volumes are expected to contract by 1-4 per cent in FY2022 against an earlier prediction of 6-8 per cent growth

Domestic two-wheeler volume to shrink 1-4% YoY this fiscal: ICRA

Domestic two-wheeler (2W) volume is expected to shrink by 1-4 per cent year-on-year this fiscal, impacted by relentless increase in 2W prices as well as record high petrol cost, ICRA has said

Major tea companies clock lower profits as prices fall, costs rise

A report by Icra said that tea prices remained strong in Q1FY22 and started sliding with the onset of the peak production months of the current year

Rating agency ICRA revises India's Q2FY22 GDP growth to 7.9%, up by 20 pts

Rating agency ICRA has revised India's gross domestic product (GDP) for Q2 FY22 upward by 20 basis points to 7.9 per cent.

Icra ups Q2 GDP growth estimate to 7.9% after jump in govt spending

A jump in government spending in September has led Icra to upgrade its GDP growth estimate for the second quarter of FY2021-22 to 7.9%

Rating agency ICRA places Spandana Sphoorty Financial's bond under watch

CEO, CFO exit may impact operations in near term

Top Headlines: Jio protests 5G auction plan, ICRA downgrades Bandhan Bank

Six major automakers commit to phasing out the production of fossil-fuel vehicles around the world by 2040. More in top headlines at this hour.

ICRA downgrades rating outlook on Bandhan Bank to 'negative'

Stress in small business loans triggers action

Domestic air passenger traffic rises 67% to around 8.8 mn in Oct: ICRA

Domestic air passenger traffic grew by a whopping 67 per cent year-on-year at around 87-88 lakh in October, on the back of festive season demand amid continuous fall in the number of COVID-19

ICRA upgrades tier I, II bonds of Canara Bank and Punjab National Bank

The solvency is expected to get a further boost from expectations of steady internal capital accruals, the rating agency said in a statement

Stocks to Watch: RIL, HDFC AMC, ICRA, SRF, Tech Mahindra, Ceat, ICICI Bank

The markets are likely to react to Reliance and ICICI Bank results at the opening bell today

ICRA MD & CEO N Sivaraman resigns

Ramnath Krishnan has been appointed as new MD