'Some sectors may become more dependent on imported coal'

Last Updated: Wednesday, January 14, 2015, 20:03

Lesser allocation of mines to steel, cement and captive power plants in the upcoming coal blocks auction may increase their dependence on costlier imported fuel, rating agency ICRA today said.

Debt levels of telecom firms likely to rise, warns ICRA

Last Updated: Saturday, January 10, 2015, 00:24

Even as the proposed spectrum auction is expected to generate up to Rs 96,000 crore for the government, the debt levels of telecom firms are likely to go up due to sizeable payouts, rating agency ICRA said on Friday.

PSU OMCs' subsidy burden may fall to Rs 28K-34K cr by FY16: ICRA

Last Updated: Thursday, December 18, 2014, 21:48

The subsidy burden on the public sector upstream firms is likely to drop to Rs 28,000-34,000 crore by FY16, with the gross under recoveries (GURs) expected to decline to Rs 56,000 crore then, rating agency ICRA Research said in a report.

Coal auction may push up fuel price for power sector: ICRA

Last Updated: Tuesday, December 16, 2014, 23:07

The auction of 74 coal blocks is likely to witness an intense competition among bidding companies and the exercise may push up the fuel price for power sector, rating agency ICRA said Wednesday.

Jet shares ride high, up 14% on rating upgrade by ICRA

Last Updated: Friday, November 28, 2014, 11:43

Shares of Jet Airways surged nearly 14 per cent today after ICRA upgraded rating of Rs 3,210-crore loan facility given to the company based on improvement in cash flows.

Higher loan-to-value ratio will help gold loan cos: Icra

Last Updated: Wednesday, January 15, 2014, 19:07

Rating agency Icra Wednesday revised its outlook on gold loan players Muthoot Finance and Manappuram Finance to 'stable' from 'negative', following the Reserve Bank's decision to increase the loan-to-value (LTV) ratios.

Icra sees Q2 GDP growth at 4.6%

Last Updated: Monday, November 25, 2013, 20:01

The economy may have grown 4.6 percent in the second quarter of the fiscal driven by higher industrial growth and pick-up in exports, rating agency Icra said Monday.

Domestic 2-wheeler ind volumes to remain flat in 2013-14: ICRA

Last Updated: Friday, November 1, 2013, 18:15

Over the medium term however, ICRA expects the two-wheeler industry to report a volume CAGR of 8-9 percent to reach a size of 21-22 million units which includes both domestic and exports by 2016-17.

MFIs to grow 30-35% for 3-years: ICRA

Last Updated: Tuesday, October 22, 2013, 22:04

Improved fund availability and significant unrealised potential are likely to help the country's micro finance institutions to grow at an annual rate of 30-35 percent over the next three years, a study said.

Lower spectrum reserve price to reduce one-time payouts: ICRA

Last Updated: Thursday, September 12, 2013, 18:53

Besides, it estimates that the industry may gain Rs 800- 900 crore annually on account of Spectrum Usage Charges.

Mumbai property rates may remain subdued in near future: ICRA

Last Updated: Thursday, September 5, 2013, 19:55

Real estate developers in Mumbai are finding it difficult to increase property prices because of rising inventory levels, subdued demand and uncertain macroeconomic environment, says credit rating agency ICRA.

'But for RBI action, banks would have booked Rs 30K cr MTM loss'

Last Updated: Wednesday, August 21, 2013, 20:54

Ratings agency ICRA on Wednesday said the country's banks were staring at a loss of up to Rs 30,000 crore on mark to market losses if not for the Reserve Bank's relaxations on Tuesday.