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ICRA DOWNGRADE
Ola Electric Q4 loss narrows 42.5% to Rs 500 crore, CEO Aggarwal bets on volume recoveryThe Bhavish Aggarwal-led company’s revenue from operations during the quarter declined 56.6% year-on-year (YoY) to Rs 265 crore from Rs 611...- Ola Electric infuses Rs 2000 crore in EV and cell manufacturingOla Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and...
- ICRA cuts Ola Electric's rating as competition, poor brand perception hit performanceOla Electric Technologies faces a downgrade from ICRA due to declining sales, persistent losses, and delayed profitability. Despite efforts...
- Corporate credit profile resilient in FY26 with higher rating upgrades: ICRAIndian companies showed strong financial health in 2025-26. Rating upgrades outnumbered downgrades, indicating robust balance sheets and st...
- Gensol Engineering shares extend losses for 8th day, crack 10% as CFO resignsGensol Engineering shares: Gensol Engineering shares continued their losing streak, falling 9.6% after the CFO, Ankit Jain, resigned to pur...
- ICRA downgrades TAJGVK's credit ratings of long-term loans, short-term credit facilitiesThe revision for rating is on account of expected sharp revenue and margin decline expected for financial year 2020-21 due to steep demand ...
- Covid could accentuate deterioration in credit quality: ReportIcra downgraded the ratings of 584 entities in FY'20, amounting to 16% of the entities it rated.
- Mutual fund houses hold Rs 3,494 crore in Yes Bank’s further downgraded papersOn July 24, ICRA downgraded Basel III Additional Tier I Bond from A (negative) to BBB+ (negative) and Basel II Lower Tier II Bond from AA- ...
- DHFL declines over 7% on rating downgradesThe rating of these instruments has been downgraded from BBB (SO) to AA -(SO).
- A deeper cut for investors as ICRA downgrades YES Bank bond ratingsAnalysts said the latest Yes Bank downgrade means that things aren’t likely to ease up soon.
- Jet Airways falls 6% after ICRA downgrades ratingJet Airways, in a regulatory filing Friday, said that credit rating agency Icra had downgraded the cash strapped air-carrier's long-term ra...
- How rating cuts impacted Yes Bank securitiesA day after Moody's, its domestic arm ICRA also downgraded Yes Bank's long-term ratings.
- ICRA cuts ratings on IndiGo loan facilitiesICRA downgraded the long-term rating to A+ from AA and reaffirmed the short-term rating of A1 on the loan facilities.
- Jet Airways tanks 7% as ICRA downgrades long-term loansThe stock fell 7.36 per cent to hit a low of Rs 182.60 on BSE.
- ICRA downgrades Jet Airways' long-term bonds, NCDsICRA downgraded all of Jet’s long term loans and non-convertible debentures to a BB+ (negative) rating from a BBB- (negative) or investment...
- ICRA downgrades credit ratings of Fortis Healthcare, subsidiariesThe long term rating of Fortis Healthcare Ltd has been revised to 'C' from BBB.
- Ratings upgrades for India Inc trump downgrades this fiscalCrisil upgraded 817 firms and downgraded 434 in the first half of FY18 for a credit ratio of 1.88x.
- Credit quality pressure on corporates bottoms outCredit quality pressure on corporates has bottomed out as the intensity of ratings downgrades by rating firms has declined.
- ICRA downgrades Central Bank of India's bondsRating company Icra downgraded bonds of government owned Central Bank of India by one notch on grounds that its profitability will be impac...
- India Inc on debt row, credit rating takes a hitWith Indian cos borrowing heavily to acquire businesses several times their own size, corporate India has seen a fall in its credit worthin...
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