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Why ICRA chief Naresh Takkar was sent on sudden leave

This move was triggered by a whistleblower complaint sent to Sebi against senior management interference in ensuring good ratings specifically in IL&FS and its subsidiaries. In an unprecedented......

India Inc revenue growth hits six-quarter low in Q4: Report

According to the Icra report, earnings before interest, tax, depreciation and amortisation margin of its sample declined by 44 basis points on a YoY basis and 23 basis points on a......

Air traffic growth hits 5-year low in FY19

According to Icra, domestic passenger traffic declined by 1.1 per cent in March, overall traffic saw a de-growth of 0.1 per cent in the month as international aircraft movement dipped by 1 per cent......

Finally, govt admits rupee, crude prices will impact CAD

Research and ratings agencies like Icra and Moody’s have said the CAD in 2018-19 would be much higher than 2017-18 Illustration: Uttam Ghosh/Rediff.com India’s current account deficit......

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......
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DHFL auditors raise red flags over financial numbers, loans

The auditors also said that the company is in the process of monetising its assets and has submitted a draft resolution plan to the consortium of... ...

http://www.rediff.com/money/report/dhfl-auditors-raise-red-flags-over-financial-numbers/20190723.htm
Icra, Care question Grant Thornton's report on IL&FS

Separately, another credit rating firm Icra has said the report "ignores" the alleged fraud perpetrated by former IL&FS management. PTI | Jul 22,... ...

https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/icra-care-question-grant-thorntons-report-on-ilfs/articleshow/70333658.cms
The rot uncovered at IL&FS

The role of five CRAs- CARE, Icra, India Ratings, Brickwork and CRISIL have been under review. By Rashmi Rajput , Shilpy Sinha , ET Bureau |... ...

https://economictimes.indiatimes.com/industry/banking/finance/gt-report-lists-out-issues-of-professional-compromises-by-the-cras-who-rated-ilfs/articleshow/70296758.cms
ICRA

19 07:13:29 PM New Delhi, Jul 18 (IANS): Ratings agency ICRA expects the Q1 FY2020 current account deficit (CAD) to remain steady at $16-17 billion... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=606689
Credit crunch is boom time for securitisation business

The sprawl of suburbia beyond the core of Mumbai, Delhi, or Bangalore has brought to India the ubiquitous bit of financial innovation that helped... ...

https://economictimes.indiatimes.com/markets/stocks/news/credit-crunch-is-boom-time-for-securitisation-business/articleshow/70255201.cms

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