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Domestic air passenger traffic grows to about 138.9 million in May, sees 5.1% annual increase: Icra

Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May …

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Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRA

Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal…

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Credit metrics of India Inc. to improve in October-December quarter: ICRA

ICRA expects the credit metrics of India Inc. to show slight sequential improvement in October-Dece…

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HAL records its highest ever revenue of ₹24,000 crore in FY 2021-22

Public sector Hindustan Aeronautics Limited (HAL) has reported its highest ever revenue of over Rs …

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Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…

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India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA

Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…

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Commercial vehicle industry volumes to see 7-10 pc growth in FY24: Icra

The growth will, however, moderate from 24-26 per cent in the current financial year, it added. …

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Some of Adani Group's debt funded capex projects are discretionary, can be deferred: ICRA

Credit rating agency ICRA Ltd on Wednesday said the large debt funded capex programme of Adani Grou…

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Increase in tea prices to offset impact of wage rate hike in WB, Assam: ICRA

The report stated that the ODX tea prices are ruling at an all-time high level on the back of a …

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Hospital sector performance significantly hit due to coronavirus pandemic: Icra

"However, we continue to maintain the stable outlook for the long term as we believe the performan…

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Coronavirus will hit IBC realisations by 30-40% as government suspends new proceedings

The outbreak of Covid-19 pandemic and the suspension of new proceedings under the Insolvency and Ba…

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Icra warns of deep recession, GDP to contract 5 pc in FY21

But with the lockdown being extended to end-May, and expectation of substantial delays in getting …

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GDP likely to grow just 2 per cent in 2020-21: Icra

"The combination of moratoriums, liquidity enhancing measures and the sharper-than-hoped-for repo …

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New emission norms for tractors unlikely to create major headwinds for industry: ICRA

ICRA Ltd AVP, Corporate Sector Ratings Rohan Gupta said, although major technological changes, inc…

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ICRA says commercial mining rollout faces uncertain economic outlook due to COVID-19

"For the balance 75-80 MT of high-grade thermal coal imports, options to partly substitute such im…

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Muthoot Finance to raise ₹2,000 crore through bond sale

The Issue is with a base issue size of Rs 100 crores with an option to retain oversubscription u…

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Domestic passenger traffic growth may dip to six-year low: Icra

Mumbai, Dec 19 () Domestic passenger traffic growth is expected to decline to a six-year low of 4.5…

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Timeline extension on project execution, release of bank guarantee to boost liquidity in construction sector: ICRA

On the flip side, while this is a positive, there will be operational challenges in getting the par…

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Indian pharma industry likely to grow at 10-13 pc in FY'21: Icra

"The Indian pharmaceutical industry's growth remained stable at 12.2 per cent during H1 FY2020 led …

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Biosimilars global market to provide promising opportunity for select domestic pharma firms: Icra

New Delhi, Jan 9 () The biosimilars global market is on the cusp of exceptional growth and presents…

PTI