Flexibility in utilization of domestic coal supply contracts to benefit distribution utilities: ICRA
Freedom to use coal in any power generation unit, instead of prefixing its source and consumption point, will reduce cost of generation for state and central power companies said ICRA.
Rise in auto sales bring back growth prospects for components industry
ICRA expects the industry to clock 8-10% growth for FY17 ICRA sees call drops a result of lower capex post spectrum buy
Slowdown in capex on network rollout following spectrum purchase and a simultaneous increase in demand for wireless Internet led to problems such as call drops and poor service quality, credit rating firm ICRA today said". CAD to widen to $ 25 bn in FY17 on gold imports surge: ICRA
The country's current account deficit is likely to widen modestly to $ 25 billion in the current fiscal from $ 20 billion last year on rising demand for gold and sluggishness in exports, a report said today. FY16 results on May 19, 2016
ICRA Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 19, 2016, inter alia, to consider and approve the Audited Financial Results (Standalone & Consolidated) of the Company for the Quarter and Year ended March 31, 2016 and to recommend dividend, if any, on the equity shares of the Company for the Financial Year 2015-16.... Drought in Maha may hit sugar production by 10% this year
Drought conditions in Maharashtra may hit the domestic sugar production in the sugar year 2016, which is estimated to decline by 10 per cent at around 25.5 million metric tonnes, rating agency ICRA h... Rs 11.4 lakh-crore worth projects stalled till March: ICRA
Owing to unfavourable market conditions, increased funding constraints and inadequate raw material linkages, nearly Rs 11.4 trillion worth of infrastructure projects were stalled as of March 31. Solar to drive renewable energy capacity addition in FY2017: ICRA
However, wind energy capacity addition to dip due to cut in preferential tariff, delays in payments by state utilities Cargo volume growth at ports to remain sluggish, says ICRA
Attributes it to uncertainty associated with certain cargo categories ICRA: Headwinds in Maharashtra, Madhya Pradesh may trip wind energy capacity additions
Reduction in tariff in Madhya Pradesh, delay in payments by state-owned utility in Maharashtra and slowdown in signings of fresh PPA in last few months would be impacting fresh wind energy capacity additions in the country as these two states account for around 35% to 40% of the incremental capacity additions, says an Icra report.