By Malvika Gurung Investing.com -- Dish TV India (NS:DSTV): The satellite television provider’s managing director Jawahar Goel has stepped down from the position after 78.94% of shareholders...
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India's monetary policy committee (MPC) raised rates by 50 basis points earlier this month, after a 40-bps increase in May, to prevent growing inflationary pressure from becoming...
An order inflow guidance of around Rs 1,000 crore for FY2023 provides revenue visibility over the near term, analysts said
Attributes to export duty on steel, cost pressures, muted domestic demand
ICRA expects industry debt levels to increase to around Rs. 5.7 lakh crore as on March 31, 2023, before moderating to Rs. 5.3 lakh crore as on March 31, 2025, despite fundraising attempts by...
The key equity benchmarks traded almost flat in mid-afternoon trade. The Nifty slipped below the 15,750 level. Metal shares witnessed some bit of selling pressure. At 14:27 IST, the...
The upward revision in the third-party insurance premium for two-wheelers, which has come into force from June 1, is unlikely to materially impact the demand, credit ratings agency ICRA said...
The upward revision in the third-party insurance premium for two-wheelers, which has come into force from June 1, is unlikely to materially impact the demand, credit ratings agency ICRA...
ICRA said it expects a 7-10 per cent year-on-year volume growth in the two-wheeler industry this fiscal, despite inflationary pressures and elongated semiconductors shortage due to the...
Fixed Deposit Programme (Rs 3500 crore) - ICRA AAA; Stable (migrated from MAAA ; Stable)
The rating agency has reviewed total bank facilities worth Rs112.57 crore.
New Delhi, May 24 (IANS) The Indian data centre market is likely to add 3,900-4,100 MW of capacity with Rs 1.05-Rs 1.20 lakh crore as investment in the next five years, a new report showed...
Hiccups in recovery of contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth
“We think that the size of the foreign exchange reserves is huge even though it has come down in the last few months. But it is still quite substantial and at a current account deficit...
Domestic air passenger traffic is estimated to have logged an 83 percent growth year-on-year at 10.5-million in April as Covid-19 infection cases waned, leaving a gap of just 5 percent when...
However, the domestic airline operators saw the international passenger traffic marginally surpassing the pre-pandemic numbers (around 1.83 million), with total volumes standing at around...
The global drive towards green hydrogen adoption is dependent on decline in electrolysers’ costs by 50% by 2030. However, the recent surge in metal prices may delay the hydrogen consumption...
During Apr 1-May 2 FY2023, only Andhra Pradesh (Rs 44 billion), Maharashtra (Rs 40 billion), Punjab (Rs 25 billion) and Haryana (Rs 15 billion) raised through State Development Loans...
Chennai, April 27 (IANS) Credit rating agency ICRA (NS:ICRA) said on Wednesday that it expects the Indian general insurance sector to log about 10-12 per cent premium growth in...
Ahmedabad, April 22 (IANS) Adani (NS:APSE) Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement...
New Delhi, April 18 (IANS) High cost of 'fuel and power' due to the Russia-Ukraine war along with those of primary articles pushed up India's March 2022 wholesale inflation to a 4-month high...
New Delhi, April 13 (IANS) India's March 2022 merchandise exports rose to $42.22 billion, higher by 19.76 per cent on a year-on-year basis, official data showed on Tuesday.Exports during...
New Delhi, April 12 (IANS) Higher cost of food items, as well as expensive fuel and manufactured goods like clothing and footwear, pushed India's retail inflation to a 17-month high in March...
New Delhi, April 12 (IANS) Leading industry bodies on Tuesday hailed the Telecom Regulatory Authority of India's (TRAI) recommendations of around 35-40 per cent cut in the reserve price for...
New Delhi, April 12 (IANS) The production-linked incentive (PLI) scheme is likely to push mobile phone manufacturing at a healthy growth trajectory of 15-20 per cent CAGR to reach a value of...
New Delhi, April 7 (IANS) Indian orthodox tea producers and exporters could potentially benefit from the current economic crisis in Sri Lanka, said rating agency ICRA (NS:ICRA). Tea...
The MPC will review the monetary policy in its meeting during April 6-8.Accordingly, economists and industry experts cited the MPC's strategic focus on growth as a key consideration to hold...
Mumbai, April 1 (IANS) Easing supply side constraints of semiconductors as well as healthy demand led many passenger vehicle manufacturers to report healthy wholesales during last...
Bengaluru, April 1 (IANS) Public sector Hindustan Aeronautics Limited (HAL) has reported its highest ever revenue of over Rs 24,000 crore (provisional and unaudited) for the financial year...
New Delhi, April 1 (IANS) Centre plans to borrow Rs 8.45 lakh crore in the first half (H1) of FY23.The Ministry of Finance said the Centre is estimated to make a gross market borrowing of Rs...
New Delhi, March 31 (IANS) India's April-February budgetary fiscal deficit reached 82.7 per cent of FY22's revised target.As per the data furnished by the Controller General of Accounts...
New Delhi, March 31 (IANS) In a major relief to common man, the Centre on Thursday maintained the interest rates on small savings schemes for the first quarter of FY23.A Ministry of...
New Delhi, March 30 (IANS) Limited impact of Covid 3 on business along with expectation of a relatively improved demand is expected to accelerate the growth of non-bank finance...
New Delhi, March 29 (IANS) Ratings agency ICRA (NS:ICRA) has lowered India's FY23 GDP growth forecast to 7.2 per cent from an earlier projection of 8 per cent.Besides, the rating agency...
New Delhi, March 28 (IANS) After a gap of two years, India's airport sector is expected to become profitable in FY23.As per ICRA (NS:ICRA), the trend will be supported by the resumption of...
New Delhi, March 24 (IANS) The natural gas business of PSU upstream companies would turn profitable as domestic prices are expected to increase substantially in the next revision, ratings...
By Malvika Gurung Investing.com -- Sun Pharmaceutical: The pharmaceutical giant will be acquiring an 11.28% stake in the biotech company Zenotech Laboratories for Rs 5.32 crore, as per a...
New Delhi, March 19 (IANS) The key high frequency economic indicators for March 2022 are expected to paint a mixed picture of the economy's health.The high frequency indicators include...
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