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Sequential recovery visible in the logistics sector over Q2-Q4 FY2021, with the improved business activities across the sectors

Indian road logistics rebounds in H2 FY21; to grow 6-9% in FY22: ICRA

5 July 2021 8:31 AM GMT

July 5, 2021: The logistics sector reported a strong recovery over H2 FY2021 with a growth of 9 percent sequentially in Q4 FY2021, a sharp contrast to...

There would be a mandatory requirement for passenger vehicles (PVs) older than 20 years and commercial vehicles (CVs) older than 15 years to undergo a fitness test.

Scrappage policy to provide fillip to automobile volumes, spur demand for new vehicles

23 March 2021 10:13 AM GMT

March 23, 2021: The government of India announced the much-awaited scrappage policy, which along with several other supporting measures announced over...

POL, coal and container segment have witnessed severe contraction with 15, 32 and 19 percent YoY decline during 5M FY2021.

Full-year outlook remains negative for Indian port sector: ICRA

7 Oct 2020 8:18 AM GMT

October 7, 2020: The credit rating agency ICRA has maintained the outlook for Indian port sector as Negative with volume contraction expected in...

ICRA expects the average Debt/OPBITDA of logistics companies to weaken to 4.1x and interest coverage ratio to average at 2.6x as compared to 2.5x and 4.9 x respectively in FY2020.

ICRA’s outlook on Indian road logistics industry remains Negative

6 Oct 2020 5:12 AM GMT

October 6, 2020: The credit rating agency ICRA maintained the outlook on Indian road logistics industry as Negative due to continuing pressures on the...

SAROD-Ports is a newly launched for dispute resolution mechanism in maritime Sector, comprising of major ports, non-major ports and PPP players operating at major ports.

SAROD-Ports will attract more private funding into Indian ports: ICRA

26 Sep 2020 6:24 AM GMT

September 26, 2020: The credit rating agency ICRA Ratings noted that launch of SAROD-Ports (Society for Affordable Redressal of Disputes – Ports) by...

The localised lockdowns imposed in Tamil Nadu and Maharashtra had adversely affected the toll collections for the stretches located in these states in July (reported 65-75 percent of pre Covid levels).

90% commercial vehicles back on road, toll collections indicate: ICRA

31 Aug 2020 12:00 PM GMT

August 31, 2020: Post the resumption of tolling on national highways from April 20, 2020, the movement of commercial vehicles picked up significant...