ICRA Archives

Indian Aviation Industry Losses To Widen To Rs 95,000-1,05,000 Crore In FY26 Amid Global Headwinds: ICRA

DainikNews Live Admin8 months ago05 mins

New Delhi: The Indian aviation sector is set to face deeper turbulence in FY2026 as net losses are projected to rise to Rs 95,000-1,05,000 crore, up from Rs 55,000 crore in FY2025, according to credit rating agency ICRA. The widening losses come against the backdrop of slowing passenger traffic growth and rising aircraft deliveries. ICRA…

ICRA Downgrades Ola Electrics Debt Rating Amid Sluggish Sales And Profitability Challenges

DainikNews Live Admin12 months ago05 mins

New Delhi: Ratings agency ICRA Limited has downgraded the debt rating of Ola Electric Mobility Limited’s automotive unit due to slower-than-expected sales and a challenging road to profitability. The agency lowered the rating of four debt instruments of Ola Electric Technologies Private Limited from ‘A’ to ‘BBB+’ and maintained a negative outlook, citing the company’s…