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ICRA RATING 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...
RBI GDP outlook FY26: India retains FY26 GDP at 7.6%, sets FY27 growth at 6.9% as Iran war, oil risks mountRBI GDP Growth 2026: India's economic growth forecast for FY27 is now projected to slow down. The Reserve Bank of India has maintained its ...
Senco Gold shares soar 11% on robust Q4 business update as wedding, festive demand boost salesSenco Gold shares surged following a strong business update. The company reported significant revenue growth in the fourth quarter and full...
US tariffs likely to moderate India Inc's rating profile in H2 FY26; Iran war span key to outlookIndia Inc's credit profiles face moderation in the second half of FY26 due to US tariffs and the West Asia conflict. Rating agencies antici...
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...
What is a rating downgrade? Key points to knowWhen credit rating agencies lower the rating of any issuer, it is said to be a rating downgrade.
How will a sliding Rupee impact credit ratings of companies?“We have begun the process of assessing rupee’s depreciation on our universe of companies with offshore payables and receivables,” said K R...
Extended curbs may bring downgrades, say rating cosWhile no immediate rating downgrades could happen, a lot of companies in hospitality, retail, travel & tourism, commercial realty and enter...
Rating agencies see surge in downgrades in second half of current fiscal amid pandemicWhile Crisil downgraded 296 entities, it upgraded 161 entities. Its credit ratio or ratio of upgrades to downgrades for the first half of t...
DHFL declines over 7% on rating downgradesThe rating of these instruments has been downgraded from BBB (SO) to AA -(SO).
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 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.
Large corporate credit profiles still under pressure: IcraDomestic credit rating agency Icra today said despite a surge in the number of upgrades in FY16, systemic credit quality continues to be we...
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.
- Number of ratings dpwmgrades rise: ICRA
There has been a sharp increase in the number of ratings downgrades in the second half (H2) of 2011) according to a study by ratings firm I...
- India Inc on debt row, credit rating takes a hit
With Indian cos borrowing heavily to acquire businesses several times their own size, corporate India has seen a fall in its credit worthin...