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MBS Pools Rated by ICRA; Report on Performance until March 2015; ICRA-rated MBS Pools continue to demonstrate strong credit quality        Indian Two-Wheeler Industry; Motorcycles continue to drag industry volumes even as scooters stare at deceleration        Indian Pharmaceuticals Industry; Delayed approvals in US and currency woes in EMs driving operating performance        Indian Oil & Gas Sector-Refining & Marketing; Healthy crack spreads and inventory gains to aid margins of refining companies in the near term; long term outlook remains subdued        Indian Hotel Industry; Weaker than expected supply addition during 2014-15 supported occupancies        Indian Tractor Industry; Signs of recovery remain elusive        Indian Oil and Gas Sector- Upstream; Proposed Revision in Under-Recovery Sharing a Positive for PSU Upstream Companies        Indian Passenger Vehicle Industry; Broad based recovery yet to kick off        Outlook on Cotton Prices and consequent impact on Indian spinning Industry; Cotton prices to remain range-bound during CY16 even if domestic production declines by ~10~15%        Pace of disinflation of WPI inflation arrested in May 2015; primary food inflation eases to six-month low 3.8%       
 
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Recent Credit Trends & Outlook for Indian Iron & Steel Sector
Indian Hotel Industry; Weaker than expected supply addition during 2014-15 supported occupancies
Indian Two-Wheeler Industry; Motorcycles continue to drag industry volumes even as scooters stare at deceleration
MBS Pools Rated by ICRA; Report on Performance until March 2015; ICRA-rated MBS Pools continue to demonstrate strong credit quality
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