Bigwigs like Anshu Jain, Jaspal Bindra & Subhash Chandra backing companies seeking mortgage licences
The share of housing finance companies in the mortgage market has risen to 37% from 30% in 2010, according to ICRA, a unit of ratings company Moody's. ICRA cuts rating outlook on Syndicate Bank bonds to negative
The bank's gross non performing assets (NPA) has deteriorated to 6.7% in March 2016, from 3.7% in September 2015 and 3.1% in March 2015. Make domestic coal supply contracts flexible for relief in cost of power for discoms: ICRA
ICRA also noted that timely implementation of UDAY by discoms in non-participating states remain critical for sustained improvement of the discoms. Updates
ICRA Ltd has informed BSE that the Employees Stock Options Scheme, 2006 of ICRA Limited ("Scheme") has expired on June 27, 2016, subject to the following.There are options equivalent to 43,616 equity shares of the Company currently in force, which have already been granted under the Scheme and, subject to prescribed terms and conditions, eligible employees have a right to exercise the same till November 08, 2018.... Brexit unlikely to impact Indian auto component exports: ICRA
Britain's exit from the European Union is unlikely to have a major impact on Indian auto component exports to the region, ICRA said on Friday. Changes in airport tariff mechanism a booster: ICRA
Government, in its newly-announced civil aviation policy, said the future tariffs at all airports will be calculated on a hybrid till basis. ICRA downgrades Deepak Fertilizers' NCD issue, term loans
Ratings agency ICRA has downgraded the long-term rating to the non-convertible debentures and term loans of Deepak Fertilizers and Petrochemicals Corporation Ltd. Outlook on the rating is negative. ... Export duty unlikely to have any significant negative impact on profitability of sugar mills: ICRA
The Food and Consumer Affairs (FCA) ministry has implemented a 20 per cent duty on exports with an aim of checking the rise in domestic sugar prices by discouraging exports. ARR traction returns in select cities: ICRA
Growth outlook for hotel industry remains at 8-10% for FY2017 Change in ICRA's Board of Directors
ICRA Ltd has informed BSE that Mr. Robert Scott Fauber has resigned as Non-Executive and Non-Independent Director of ICRA Limited (the Company) effective from June 14, 2016. The Company appreciates the valuable advice and guidance provided by Mr. Fauber throughout his tenure with the Company.Further the Company has informed that, Ms. Farisa Zarin was appointed as an Additional Director under the category of Non-Executive and Non-Independent...