Page 44 - Icra
Indian pharma industry facing growth headwinds: Icra
Growth from US came down to less than 9% in first half of 2016-17 despite consolidation and currency benefits
 "Indian pharma industry facing growth headwinds: Icra")
Former Icra chairman Pranab Kumar Choudhary dies at 68
It was during his days at IFCI, that he was asked to set up the rating agency, with a seed capital of Rs 3.5 crore
 "Former Icra chairman Pranab Kumar Choudhary dies at 68")
ICRA downgrades Amtek Auto unit's term loan rating
The rating action also takes into account the continued depressed financial performance
 "ICRA downgrades Amtek Auto unit's term loan rating")
Credit rating agencies in focus; ICRA surges over 10%
ICRA rallied 15% to Rs 4,144 in intra-day trade. CRISIL surged 7% to Rs 2,240, and CARE up 2% at Rs 1,214 on the BSE.
 "Credit rating agencies in focus; ICRA surges over 10%")
ICRA to sell subsidiary to Nihilent Technologies
Kolkata-based ICTEAS provides information technology and business analytics services to a global client base
Govt to miss revenue target from telcos: ICRA
ICRA added, however, sector will however contribute to the tune of Rs 5-6 lakh crore over period of next 10 years
 "Govt to miss revenue target from telcos: ICRA")
Profitability of sugar mills to remain better this year: ICRA
The domestic sugar production at around 25.2 million metric tonnes during the sugar year 2016
Pharma cos to see moderation in growth in US market: Icra
The Indian drug firms have registered strong growth over last decade driven mainly by the US market
 "Pharma cos to see moderation in growth in US market: Icra")
Indian steel players to be more profitable in near term: Icra
On the raw material front, India's iron ore production grew by 23% in the last fiscal, reaching 155 million tonne
 "Indian steel players to be more profitable in near term: Icra")
Flexibility in utilisation of coal linkage to benefit distribution utilities: ICRA
Variable cost of coal based power generation for linkage based plant to decline by about 9 paise per unit
 "Flexibility in utilisation of coal linkage to benefit distribution utilities: ICRA")
ICRA optimistic on passenger vehicle sales this year
The industry's profitability metrics however face several headwinds like increased product development expenses, increase in employee expenses, says the ratings agency
 "ICRA optimistic on passenger vehicle sales this year")
Reverse auction for short term power to benefit discoms by 50-60 paise/unit: ICRA
This implies a decline by about 13% over the prevailing bilateral traded price level, says the ratings agency
 "Reverse auction for short term power to benefit discoms by 50-60 paise/unit: ICRA")
Challenges persist for construction sector and recovery may be delayed due to sharp fall in commodity prices: ICRA
Onus on higher public sector investments is important for revival of capex cycle for these companies, says the ratings agency
 "Challenges persist for construction sector and recovery may be delayed due to sharp fall in commodity prices: ICRA")
Data boom to drive spectrum demand: ICRA
Bharti Airtel has led the way in such transactions, says the ratings agency
 "Data boom to drive spectrum demand: ICRA")
Indian economy to grow 7.7% in 2016-17: ICRA
It said structural issues continue to affect a considerable portion of the existing project pipeline
Three-wheeler volumes expected to rise 10% in FY17: ICRA report
With volumes of 940,000 units in FY15, India is the largest manufacturer as well as largest market for three-wheelers, globally
 "Three-wheeler volumes expected to rise 10% in FY17: ICRA report")
ICRA reduces outlook of banks
The rating agency had then said it expected stress on Indian banks to continue for two-three years