News for ICRA Limited (ICRA.NS)

Gensol Engineering's shares attracted attention after credit rating agencies CARE and ICRA downgraded the companys multiple credit ratings. Following this, Gensol Engineering announced that its CFO had resigned to pursue external opportunities.

Gensol share price: GEL will sell 2,997 EVs (₹315 crore) and its subsidiary (₹350 crore), which will cut debt by ₹665 crore.

Its debt servicing track record were falsified, raising concerns on corporate governance practices: ICRA

India Inc.'s revenue growth is likely to be sharper in the January-March period, as compared to the previous quarter, as urban demand has shown signs of improvement, according to ICRA Ltd. The revenue is expected to grow by approximately 7-8%, led by

RailTel stock ended at Rs 305.30 in the previous session. Market cap of the firm stood at Rs 10,013 crore.

Sammaan Capital Limited launches NCDs worth ₹300 crore with interest rates between 8.88% and 10.75% per annum.

ICRA Auto Industry Projection: The credit rating agency estimates e3Ws will have a major share of electric penetration at 40% by FY30.

India Business News: The Indian auto component industry is projected to see an 8-10 per cent revenue growth in financial year 2025-26, as per ICRA. This is down from a 14

HDFC Life Insurance Company Limited announced today the allotment of ₹1,000 crore worth of unsecured, non-convertible debentures as part of its capital raising initiative. The Capital Raising Committee approved the issuance of 1,00,000 debentures, each with a face value of ₹1,00,000.

Sensex, Nifty updates on 1 February 2025: Indian shares saw minimal movement on Saturday following the government’s budget announcement, with the Nifty 50 declining 0.11% to 23,482.15 points and the BSE Sensex closing 0.01% higher at 77,505.96.

Auto Inc Budget Expectations: As the country prepares for Finance Minister Nirmala Sitharaman's Budget speech on February 1, automotive industry experts are closely watching for potential relief measures for this sector, which contributes more than 7% to India's overall GDP.

PR NewswireSANTA CLARA, Calif. and PUNE, India, Jan. 21, 2025 Reflects strong financial performance and bolsters stakeholder trustSANTA CLARA, Calif. and P

Union Budget 2025: Budget 2025 has the potential to address India's struggling aviation sector through strategic investments, policy reforms, and incentives for domestic manufacturing. Focus areas include modernizing airport infrastructure, enhancing regional connectivity, and integrating advanced technologies. Additionally, including Aviation Turbine Fuel under GST could lower operational costs and airfares, while boosting local manufacturing and MRO services could save costs and create jobs.

Invest in quality debt instruments through secondary market bonds, focusing on credit rating, YTM, and liquidity for optimal returns.

Retail inflation fell to 5.22% in December 2024, driven by moderating food prices, economists estimate headline inflation to soften to 4.5-4.7% in Jan 2025

The SIP contribution during the last month stood at Rs 26,459 crore compared to 25,320 crore in November.

Resilience in rural demand, dissipation of excess rains, and a low base in some sectors are likely to provide a fillip to some sectors

According to estimates, Rs 25,000 crore is on account of private banks acting as originators and the remaining Rs 43,000 crore has been securitised by NBFCs.

For the first nine months of the current fiscal (FY25), GST collections stand at ₹16.3 lakh crore, reflecting a 9.1% YoY growth