ECL Finance to raise up to Rs 2K cr via public issue of bonds

Jul 19 2018

ECL Finance (ECLF) today said it will raise up to Rs 2,000 crore through a pubic issue of bonds.

Mutual Fund industry rebounds in June

Jul 17 2018

The mutual fund industry picked up in June with total net inflows of Rs 46,475 crore as against net outflows of Rs 50,000 crore in May, rating agency ICRA said.

Securitisation volumes up 128% to Rs 32,300cr in Jun qtr: Icra

Jul 17 2018

Securitisation volumes surged by 128 per cent year-on-year to Rs 32,300 crore during the June quarter, the highest ever recorded in the first quarter, on clarity over GST and a low base,rating agency Icra said.

CV industry sales to grow by 9-11% in current fiscal: Icra

Jul 12 2018

Domestic commercial vehicle (CV) industry is expected to grow in the range of 9-11 per cent this fiscal, driven by pick up in the infrastructure projects and industrial activity, as per a report by ratings agency Icra.

Indian logistics sector to grow at 8-10 percent over medium term: ICRA

Jul 11 2018

The Indian logistics sector is expected to grow at 8-10 per cent over the medium term, domestic ratings agency ICRA said today.

'Pharma sector may post single-digit revenue growth in FY19'

Jul 10 2018

The domestic pharmaceutical sector is likely to register a moderate, single-digit revenue growth in the current fiscal year, on slowing US market growth, increased competition and regulatory overhang, a report said.

'Auto component industry to grow at 10-12% CAGR in long term'

Jul 09 2018

The auto component industry is likely to grow at 10-12 per cent annually in the long term on rising rural income, higher disposable income and continued infrastructure activity, according to a report.

Hospitals may face more pricing restrictions: Icra

Jul 04 2018

Regulatory overhang on the hospitals sector is likely to persist, with further pricing restriction expected on products and services in the future, according to rating agency Icra.

IIFL Management Services sells ICRA shares worth Rs 108-cr

Jul 02 2018

IIFL Management Services today sold 3.3 lakh shares of rating agency ICRA for a little over Rs 108 crore through an open market transaction.

Toll exemption poses major risk to BOT road developers: Report

Jul 02 2018

Toll exemption for small vehicles and state transport buses offered by a few state governments is emerging as one of the major risks for road developers, particularly working on the state-led build operate transfer (BOT) model, according to a report.

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