Mumbai (Maharashtra) [India], September 22 (ANI): Fitch Ratings has taken rating action on the long-term issuer default ratings of four Indian non-bank financial institutions (NBFIs) in light of the companies' performance amid the coronavirus pandemic.
New Delhi [India], September 20 (ANI): The Lok Sabha on Saturday passed a bill that seeks to decriminalise certain offences under the Companies Act, 2013, in case of defaults but not involving frauds.
Singapore, September 17 (ANI): Fitch Ratings has maintained Cairn India Holdings Ltd (CIHL) long-term issuer default rating of B-plus on rating watch negative (RWN).
Singapore, September 9 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
Melbourne [Australia], September 7 (ANI): Minutes, after world number one Novak Djokovic got disqualified from the ongoing US Open, Australian tennis star Nick Kyrgios, asked his Twitter followers for how many years he would have been banned if he had done the same thing as the Serbian.
Washington [US], September 7 (ANI/Xinhua): Fifth seed German Alexander Zverev said he was "in shock" after top seed Novak Djokovic was defaulted from the US Open on Sunday. Djokovic was stunningly disqualified after accidently hitting a line judge with a ball during his round of 16 clash aga
New York [US], September 7 (ANI): World No.1 Novak Djokovic exited the US Open in the most unexpected fashion after he was defaulted as a ball he struck had hit the line judge in the throat. While the shot wasn't intentional, the official was down for a while. The Serb was in action against
Sydney [Australia], September 4 (ANI): Fitch Ratings has placed Future Retail Ltd's (FRL's) issuer default rating of C and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 of C with a recovery rating of RR4 on rating watch positive.
New Delhi, Aug 27 (ANI) The Supreme Court on Thursday reserved its order on a plea filed by fugitive businessman Vijay Mallya seeking a review of its May 2017 order holding him guilty of contempt for transferring USD 40 million to his children in violation of the court's order.
Mumbai (Maharashtra) [India], July 25 (ANI): Fitch Ratings has downgraded Future Retail's long-term issuer default rating and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 to C from CCC-plus with the recovery rating remaining at RR4.
Singapore, July 21 (ANI): Fitch Ratings has affirmed Indian Oil Corporation's (IOC's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
New Delhi [India], July 19 (ANI): Congress leader Rahul Gandhi on Sunday questioned whether the Union government will prosecute the 2,426 companies that have defaulted on around Rs 1.47 lakh crore borrowed from banks.