ICRA Limited is an Indian independent and professional investment information and credit rating agency. It was established in 1991, and was originally named Investment Information and Credit Rating Agency of India Limited. Read More
The pace of production at India's eight major industries slowed in July to 2.1 per cent from 7.3 per cent in the year-ago month. However, the index of eight core industries in July was higher compared with June, when it rose by just 0.7 per cent. ...
As several instances of collusion between crisis-hit IL&FS and its credit rating agencies have surfaced from the forensic audit of the lending group, the Grant Thornton report also shows that at times when rating agencies informed the company about a ...
From extending personal favours, like facilitating purchase of expensive villas, arranging tickets for football match in Madrid to manipulating and delaying the rating reports, former IL&FS top officials did it all to keep the distress in the company ...
Ratings agency ICRA expects the Q1 FY2020 current account deficit (CAD) to remain steady at $16-17 billion or 2.3 per cent of GDP, despite the recent contraction in merchandise exports and imports. ...
India's merchandise exports in June declined 9.71 per cent, on a year-on-year basis, to $25.01 billion from $27.70 billion reported for the corresponding month of last year, official data showed on Monday. ...
Coercive tactics were used aggressively by the erstwhile rogue management of embattled IL&FS group as reported by recently. At the vanguard of this malaise were Ravi Parthasarthy and Arun Saha who used their heft to arm twist malleable rating agenci ...
With rating agency ICRA sending its CEO Naresh Thakkar on leave citing regulatory concerns, the role played by the rating agencies highlighted innumerable times by in the past has once again come under the spotlight. An anonymous complaint alleged ...
