Jan 28, 2021 06:06 PM IST
The report highlights the trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory changes and the recent rating actions by Ind-Ra.
- Dec 24, 2020 01:46 PM IST
Although the headwinds emanating from challenges related to Covid-19 are unlikely to go away till mass vaccination becomes a reality, perhaps the economic agents and economic activities not only have learnt to live with it but are also adjusting swiftly to the post-Covid-19 world, Ind-Ra said in a statement
- Dec 04, 2020 07:30 PM IST
These relaxations would provide the much-needed relief to those construction contractors whose eligibility to bid for new projects has been hampered on account of the COVID-19 pandemic-led business disruptions, Ind-Ra said in its report.
- Oct 01, 2020 07:08 PM IST
Larger states like Maharashtra, Bihar, Tamil Nadu, Uttar Pradesh, Madhya Pradesh, Rajasthan, Karnataka, Jharkhand and Odisha did not use the liquidity window at all in the first quarter.
- Aug 24, 2020 03:30 PM IST
The pharma companies cumulatively saw their pre-tax margins rising by 306 basis points (bps) on an annualised basis and 551 bps sequentially in the first quarter due to better prices and lower expenses both due to the lockdowns, according to a report by India Ratings on Monday.
- Jul 06, 2020 08:00 PM IST
Regarding an appeal against SEBI order imposing Rs 25 lakh penalty on India Ratings, the tribunal directed the rating agency to deposit the amount with the regulator within four weeks, which would be subject to the result of the appeal.
- Jun 02, 2020 05:35 PM IST
The agency has already predicted a 10-15 percent reduction in steel demand for the current fiscal, mainly due to the slowdown in economy, decline in auto sector and the impact of COVID-19 pandemic on construction activities.
- May 25, 2020 08:55 PM IST
According to the ratings agency, the prolonged nationwide lockdown would impact the revenue growth of transmission tower suppliers in the near term, however, the companies that supply T&D equipment are expected to be more resilient than the traditional steel industry players.
- May 13, 2020 04:36 PM IST
Under this circumstance, there is a fair amount of uncertainty regarding the quantum and timings of the states' receivables from the Centre even as their own sources of revenue have fallen to abysmally low levels.
- May 12, 2020 07:59 PM IST
Entities with a large reliance on overseas markets are expected to face a higher demand risk as the key markets of the US and Europe have been the most impacted by the virus, which could lead to uncertain business conditions, it said.
- Apr 14, 2020 11:00 PM IST
The rating agency, however, considered Tata Steel to be well-equipped to cope with the impact of the coronavirus pandemic, with free cash of close to Rs 75 billion and committed credit lines against a short-term debt of Rs 80 billion at end-March, 2020.
- Mar 12, 2020 11:58 AM IST
Prices may gradually improve as the pandemic is contained and the second phase of US-China trade negotiations is concluded
- Feb 13, 2020 09:10 PM IST
The agency has also maintained negative outlook for the real estate sector for the next fiscal on the back of decline in sales, negative free cash flows, stricter regulatory compliances and slowdown in lending from banks and NBFCs.
- Feb 04, 2020 07:40 PM IST
Continuing weak sales amid unfavourable macroeconomic factors, uncertain regulatory environment, limited credit availability along with increased cost of ownership after BS-VI implementation do not offer any great greenshoots, it said in a report on Tuesday.
- Feb 03, 2020 09:05 PM IST
The outlook, Ind-Ra said, also factors in increased import risks especially from Free Trade Agreement (FTA) countries such as Japan and South Korea due to adverse impact of the slowing global growth and continuing trade frictions.
- Jan 29, 2020 10:50 PM IST
It has maintained RWN on the Basel III tier-2 bonds of Rs 11,000 crore, additional Basel tier-1 bonds of Rs 11,100 crore and infrastructure bonds of Rs 3,580 crore.
- Jan 22, 2020 03:26 PM IST
Citing an NSO report, India Ratings and Research (Ind-Ra) said said the slowdown is a combination of several factors including an abrupt and significant fall in lending by non-banking financial companies close on the heels of a slowdown in bank lending and reduced income growth of households coupled with a fall in savings and higher leverage.
- Dec 27, 2019 05:50 PM IST
The plant load factor (PLF) is a measure of average capacity utilisation of a thermal power unit.
- Nov 25, 2019 02:40 PM IST
The agency has lowered Texmaco's long-term issuer rating to 'IND A' from 'IND AA-' and has simultaneously placed it on 'Rating Watch Negative' (RWN).
- Oct 17, 2019 10:12 PM IST
Jatin Nanaware, head and director - Structure Finance at India Ratings and Santosh Kamath, CIO - Fixed Income, Franklin Templeton, discussed with CNBC-TV18 the risks to the lenders on purchases of such securitised assets.
- Sep 09, 2019 10:16 PM IST
India Ratings and Research has revised its sector outlook on non-banking finance companies (NBFCs) from 'stable' to 'negative.' Measures taken by the government and RBI will play out only in the medium-to-long term.
- Aug 31, 2019 03:56 PM IST
"India Ratings and Research has downgraded Yes Bank Ltd's long-term issuer rating to 'IND A+' from 'IND AA-," the bank said in a BSE filing.
- Aug 14, 2019 01:10 PM IST
WBSEDCL has not seen a tariff revision since October 2016 and its annual performance review has been pending since FY14.
- Mar 27, 2019 04:30 PM IST
Ind-Ra will continue to monitor the developments in the case.
DCBL has scheduled repayments of Rs 10 billion and Rs 14 billion in FY20 and FY21 respectively.
- Feb 25, 2019 06:52 PM IST
Despite being lower than the last season, production in sugar season 2018-19 is likely to exceed sugar demand of around 26 million tonne (MT).