Icra Ltd

ICRA, one of the leading investment information and credit ratings agencies and it says that the two-wheeler sales in India could see a 11-13 per cent drop in FY2021.

Dewan Housing Finance Corporation Ltd or DHFL shares fell more than 18 per cent on Thursday, a day after credit ratings agencies ICRA and Crisil downgraded its commercial papers. The downgrade of DHFL's commercial papers to their lowest level came after the lender missed payments on bonds which were due this week. The action by the agencies, descri...

Hinduja Group flagship firm Ashok Leyland on Tuesday said it has received orders worth Rs 800 crore from the Indian armed forces.

A key demand of E&P players is reduction in cess burden.

Icra has downgraded the rating on the proposed Rs 750-crore non-convertible debenture (NCD) programme of Eros International Media Ltd citing concerns of the parent company's reduced financial flexibility.

Consecutive years of surplus sugar production led to increased supply in the market and lower realisation for sugar companies, leading to pressure on stock prices.

DLF Ltd, India's largest realty firm, on Wednesday said that rating agency Icra has given a stable outlook for its non-convertible debentures (NCDs) worth Rs 900 crore.

Dependence on coal imports will reduce to up to 8 per cent only if Coal India Ltd (CIL) meets the production of 1,000 million tonnes by 2020 and if auctioned coal mines are able to achieve their peak capacity in a timely manner, according to an Icra survey.

Indian banks' gross bad loan ratio could rise to as high as 5.9 per cent during the fiscal year to March 2016 after a rule change made debt restructuring costlier, rating agency Icra Ltd said on Monday.

Moody's acquisition has sparked hopes of foreign investor interest in other local rating agencies too, dealers say.

After a sluggish first quarter, India's economy may have expanded by about 4.5 per cent in the quarter ended September, 2013 on the back of rising exports and a good monsoon helping industrial recovery, according to experts.

Tata Global, rated AA by local credit rating agency ICRA Ltd, is the world's second-largest tea group and part of the sprawling Tata conglomerate. It is issuing a three-year bond with a 3 percent coupon and a redemption premium of 9.75 percent, two sources with direct knowledge of the matter said.

Healthcare services provider Apollo Hospitals Enterprise promoter Sangita Reddy on Friday offloaded 9.2 lakh shares of the company to a promoter group entity PCR Investments for over Rs 90 crore.

Starting three years ago with a business remodelling plan, Ratnakar Bank has ventured where few deposit-taking lenders have gone before.

"Icra has placed the ratings of the debt instruments of Manappuram Finance Ltd on watch with developing implications. This follows RBI's observations with respect to acceptance of deposits by the company," Icra said in a note.

ICRA, one of the leading investment information and credit ratings agencies and it says that the two-wheeler sales in India could see a 11-13 per cent drop in FY2021.

Dewan Housing Finance Corporation Ltd or DHFL shares fell more than 18 per cent on Thursday, a day after credit ratings agencies ICRA and Crisil downgraded its commercial papers. The downgrade of DHFL's commercial papers to their lowest level came after the lender missed payments on bonds which were due this week. The action by the agencies, descri...

Hinduja Group flagship firm Ashok Leyland on Tuesday said it has received orders worth Rs 800 crore from the Indian armed forces.

A key demand of E&P players is reduction in cess burden.

Icra has downgraded the rating on the proposed Rs 750-crore non-convertible debenture (NCD) programme of Eros International Media Ltd citing concerns of the parent company's reduced financial flexibility.

Consecutive years of surplus sugar production led to increased supply in the market and lower realisation for sugar companies, leading to pressure on stock prices.

DLF Ltd, India's largest realty firm, on Wednesday said that rating agency Icra has given a stable outlook for its non-convertible debentures (NCDs) worth Rs 900 crore.

Dependence on coal imports will reduce to up to 8 per cent only if Coal India Ltd (CIL) meets the production of 1,000 million tonnes by 2020 and if auctioned coal mines are able to achieve their peak capacity in a timely manner, according to an Icra survey.

Indian banks' gross bad loan ratio could rise to as high as 5.9 per cent during the fiscal year to March 2016 after a rule change made debt restructuring costlier, rating agency Icra Ltd said on Monday.

Moody's acquisition has sparked hopes of foreign investor interest in other local rating agencies too, dealers say.

After a sluggish first quarter, India's economy may have expanded by about 4.5 per cent in the quarter ended September, 2013 on the back of rising exports and a good monsoon helping industrial recovery, according to experts.

Tata Global, rated AA by local credit rating agency ICRA Ltd, is the world's second-largest tea group and part of the sprawling Tata conglomerate. It is issuing a three-year bond with a 3 percent coupon and a redemption premium of 9.75 percent, two sources with direct knowledge of the matter said.

Healthcare services provider Apollo Hospitals Enterprise promoter Sangita Reddy on Friday offloaded 9.2 lakh shares of the company to a promoter group entity PCR Investments for over Rs 90 crore.

Starting three years ago with a business remodelling plan, Ratnakar Bank has ventured where few deposit-taking lenders have gone before.

"Icra has placed the ratings of the debt instruments of Manappuram Finance Ltd on watch with developing implications. This follows RBI's observations with respect to acceptance of deposits by the company," Icra said in a note.