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MFI profitability hit by note ban, says ICRA report

Collection dived to 75-80% in November-December from 99% after demonetisation. With demonetisation taking a toll on recoveries during November and December, micro finance institutions might report......

Ramdev's Patanjali gets a rating upgrade from Icra

The upgrade, said Icra, takes into account the “robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics”. For......

Govt infusion in banks still short, say Icra & Fitch

Indian banks will need $90-billion additional capital, most of it for public sector banks, to meet Basel III requirements by 2019. Rating agencies Icra and Fitch have said the capital requirements......

India Inc sees reforms push, better growth prospects: Icra

Says operating environment for Indian corporate sector has improved during FY15 Indian industry has been witnessing an improved operating environment in the current fiscal on account of better......

Icra downgrades Jet Airways' loan

Following delays in Jet Airways servicing its interest payments, credit rating agency Icra has downgraded the company’s loans from ‘BB’ to ‘D’ (default grade). The......
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L&T Finance Holdings and group to raise Rs 15,000 cr for IPO finance

L&T Finance Holdings (LTFHL) and its subsidiaries will raise a little over Rs 15,000 crore through commercial paper, a short-term money market... ...

http://www.business-standard.com/article/markets/l-t-finance-holdings-and-group-to-raise-rs-15-000-cr-for-ipo-finance-117062801448_1.html
Axis Bank debt bonds with 8.75% coupon rate raise Rs 3,000 cr

The bonds are rated stable by Crisil, ICRA and India Ratings ...

http://www.business-standard.com/article/companies/axis-bank-debt-bonds-with-8-75-coupon-rate-raise-rs-3-000-cr-117062801224_1.html
ICRA

Rating agency ICRA today said overall subsidy dependence of power distribution companies (discom) is estimated to increase by 7-8 per cent to Rs... ...

http://www.dnaindia.com/business/report-subsidy-dependence-up-7-8-for-discoms-in-fy18-icra-2486506
Policy measures on power to reduce cost burden on discoms

The recent policy measures announced by the Centre including flexible utilisation of domestic coal linkage and procurement of short term power... ...

http://www.dnaindia.com/business/report-policy-measures-on-power-to-reduce-cost-burden-on-discoms-2486446
ICRA

India's sugar production is set to increase by 16 to 20 per cent in sugar year 2018 (SY2018), to around 23.5 million MT to 24.5 million MT largely... ...

http://www.business-standard.com/article/pti-stories/sugar-production-to-increase-by-16-20-pc-in-sy2018-icra-117062800909_1.html

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