Mumbai (Maharashtra) [India], July 30 (ANI): The proposed transfer of Jubilant Pharma Ltd's (JPL's) active pharmaceutical ingredients (API) business to its parent Jubilant Pharmova Ltd (JPHL) will not affect JPL's ratings, says Fitch Ratings.
Singapore, July 6 (ANI): S&P Global Ratings has said that Oil and Natural Gas Corporation's (ONGC's) improved earnings outlook for the next 12 to 18 months will support deleveraging.
Singapore, July 2 (ANI): Fitch Ratings has published Oil and Natural Gas Corporation's (ONGC's) long-term foreign-currency issuer default rating of BBB-minus.
Singapore, June 30 (ANI): Fitch Ratings expects the rating headroom for Oil India Ltd (OIL) to reduce in the medium term as leverage will rise when it accelerates capex to expand capacity at Numaligarh Refinery Ltd (NRL).
Singapore, June 25 (ANI): Fitch Ratings has affirmed GAIL India Ltd's long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
Mumbai (Maharashtra) [India], June 23 (ANI): HPCL-Mittal Energy Ltd's (HMEL's) credit metrics can weaken if there is a delay in EBITDA addition from its new petrochemical plant, Fitch Ratings said on Wednesday.
Singapore, June 16 (ANI): Fitch Ratings has affirmed Adani Ports and Special Economic Zone Ltd's (APSEZ's) long-term foreign currency issuer default rating at BBB-minus.
Mumbai (Maharashtra) [India], June 15 (ANI): Air traffic is expected to slump in fiscal 22 and fully recover only by fourth quarter of next fiscal because of debilitating consequences of second Covid-19 wave in India, according to Crisil Ratings.
Singapore, June 4 (ANI): Fitch Ratings expects the impact of India's second Covid-19 wave on majority of its rated corporate universe to be manageable.
Mumbai (Maharashtra) [India], May 22 (ANI): Mindtree's recently announced acquisition of Nxt Digital business of Larsen & Toubro is credit neutral for the company, India Ratings and Research (Ind-Ra) has said.
Mumbai (Maharashtra) [India], April 19 (ANI): Crisil has downgraded its ratings on bank facilities of Inox Leisure Ltd (ILL) to A+/Negative/A1 from AA-/Negative/A1+.