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Icra

ICRA Limited is an Indian independent and professional investment information and credit rating agency. It was established in 1991, and was originally named Investment Information and Credit Rating Agency of India Limited.

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Indian apparel exports to be on growth path: ICRA
Business

Indian apparel exports to be on growth path: ICRA

India's apparel exports are expected to revert to a growth trajectory in FY2022 with a recovery in demand in key markets of the United States and the European Union, according to investment information firm ICRA.

Strong recovery in oil and gas volumes likely in FY22: ICRA
Business

Strong recovery in oil and gas volumes likely in FY22: ICRA

Mumbai, Jan 9 The domestic demand for petroleum products is expected to increase at a healthy rate of 8 ...

ICRA maintains stable outlook for road sector
Business

ICRA maintains stable outlook for road sector

Toll collections witnessed a marked improvement on the back of increased movement of both passenger and commercial vehicles which have picked up significantly over the last three months, thereby surpassing pre-Covid levels, according to ICRA.

Pandemic-hit fashion retailers to see revenue dip 35-42%: ICRA
Business

Pandemic-hit fashion retailers to see revenue dip 35-42%: ICRA

New Delhi, Oct 6 The coronavirus outbreak has adversely impacted the credit profile of the Indian retail industry ...

Logistics growth to be driven by e-com among other sectors: ICRA
Business

Logistics growth to be driven by e-com among other sectors: ICRA

New Delhi, Oct 5 The near-term growth of the Covid-19-battered logistics sector is expected to be driven by ...

Agricultural GVA growth of 3 pc likely in Q2 FY21: ICRA
Business

Agricultural GVA growth of 3 pc likely in Q2 FY21: ICRA

The harvest of most crops is expected to be bountiful with above-average monsoon rainfall on a pan-India basis with growth of gross value added (GVA) at basic prices in agriculture, forestry and fishing to print at 3 per cent in the second quarter of current financial year, investment information firm ICRA has said.

FY21 central tax devolution to states expected to fall by over 36%: ICRA
Business

FY21 central tax devolution to states expected to fall by over 36%: ICRA

New Delhi, Oct 2 Ratings agency ICRA has estimated that central tax devolution (CTD) to the states will be ...

ICRA downgrades Taj GVK Hotels & Resorts to A-minus with negative outlook
Business

ICRA downgrades Taj GVK Hotels & Resorts to A-minus with negative outlook

Taj GVK Hotels and Resorts said on Monday that ICRA has downgraded its long-term loans totalling Rs 166 crore to A-minus from A and short-term credit facilities worth Rs 30 crore to A2-plus from A1.

Credit metrics of leading pharma companies to remain stable: ICRA
Business

Credit metrics of leading pharma companies to remain stable: ICRA

The global demand scenario for Indian pharmaceutical industry is largely expected to remain stable due to inelastic nature of prescription drugs, investment information agency ICRA has said.

ICRA reaffirms JSPL's ratings with stable outlook
Business

ICRA reaffirms JSPL's ratings with stable outlook

ICRA has reaffirmed ratings on Jindal Steel and Power Ltd's (JSPL's) bank facilities and non-convertible debentures due to its healthy standalone operating performance in FY21 despite subdued demand trends and challenging market conditions.

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