Rating action ICRA has assigned a long-term rating of [ICRA]AA (Stable) (pronounced ICRA double A) to the Rs. 100-crore subordinated debt programme of IndiaFirst Life Insurance Company Limit... Read more

The cabinet has approved the proposal for Bharatmala Pariyojana Phase-I along with other programs on October 24, 2017 which involves national highway development of around 83,000 km (includi... Read more

ICRA expects aggregate domestic coal demand growth to witness a structural slowdown on the back of the Government’s large renewable energy (RE) capacity addition plans to take the installed... Read more

ICRA has downgraded the long-term rating on the long-term bank borrowing, bond programme and Non-convertible debenture progamme of IFCI Limited (IFCI) from [ICRA]A (pronounced ICRA A) to [IC... Read more

Pune: Riding on the back of a healthy seasonal demand and thereby a healthy passenger load factor (PLF), the domestic passenger traffic growth in June 2017 returned to ~20% level after stayi... Read more

One of the nine key areas of reform under the amendments in the Multi-Modal Transportation of Goods Act, which is directed towards improving the ease of doing business, was the Direct Port D... Read more