Search For "downgrade"
Brickwork Ratings cuts rating for R-Infra's bank loan facilities
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 1 (ANI): Brickwork Ratings has downgraded the rating of Reliance Infrastructure's bank loan facilities worth Rs 1,151 crore to D from C, citing deterioration in credit risk profile.
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ICRA downgrades IFCI's credit ratings to BBB with negative outlook
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): Investment information company ICRA has downgraded credit ratings of government-owned specialised financial institution IFCI Limited from BBB+ to BBB with a negative outlook.
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ICRA downgrades Piramal Capital's loans, bonds from AA+ to AA
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 26 (ANI): Investment information agency ICRA has cut ratings for Piramal Capital and Housing Finance Ltd's (PCHFL) bonds, term loans and debentures from AA+ to AA on rising challenge to raise money in the risk-averse environment.
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Moody's downgrades Tata Motors to Ba3 with outlook negative
Updated : 6 years, 9 months ago IST
Singapore, June 21 (ANI): Moody's Investors Service has downgraded Tata Motors Ltd's (TML) corporate family rating and the company's senior unsecured instruments rating to Ba3 from Ba2.
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Ind-Ra cuts long-term issuer rating on Jain Irrigation
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 19 (ANI): India Ratings and Research (Ind-Ra) has downgraded Jain Irrigation Systems Limited's (JISL) long-term issuer rating to 'IND BBB' from 'IND A-' while placing it on rating watch negative.
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Yes Bank, IndusInd stocks tumble after UBS slashes price target
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 13 (ANI): Yes Bank shares dropped over 11 per cent IndusInd Bank by nearly 8 per cent on Thursday afternoon after Swiss multinational brokerage house UBS slashed price target sharply by 47 per cent and 18 per cent respectively citing weak earnings going ahe
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Crisil downgrades DHFL's commercial paper rating to 'default' grade
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): Global rating agency Crisil on Wednesday downgraded its rating on the commercial paper of Dewan Housing Finance Corporation Limited (DHFL) to 'Crisil D' from 'CRISIL A4 plus' as the company has failed to pay interest on bonds.
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World Bank cuts global growth forecast for 2019 to 2.6%
Updated : 6 years, 9 months ago IST
Washington D.C. [USA], Jun 5 (ANI): In light of numerous factors pertaining to escalated trade tensions around the globe in recent months, the World Bank on Tuesday slashed its global growth forecast for 2019 to 2.6 per cent as opposed to 2.9 per cent announced in January this year.
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Rising trade conflicts, high fuel prices to impact global aviation industr
Updated : 6 years, 9 months ago IST
Seoul [South Korea], June 2 (ANI): The International Air Transport Association (IATA) on Sunday downgraded its 2019 outlook for the global air transport industry to a 28 billion dollar profit from 35.5 billion dollars forecast in December 2018.
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DHFL stops fresh deposits, premature withdrawals after downgraded credit r
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Cash-strapped Dewan Housing Finance Limited (DHFL) said on Wednesday that it will not allow premature withdrawals of its deposits with immediate effect in an effort to reorganise its liability management.
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India Ratings downgrades Yes Bank's long-term ratings
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 9 (ANI): India Ratings has downgraded Yes Bank's long-term issuer rating from 'IND AA plus' to 'IND AA minus' with a negative outlook.
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ICRA downgrades Yes Bank's bonds as quality of large borrowers slides
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): Private lender Yes Bank said on Saturday that rating agency ICRA has downgraded its tier-I and tier-II bonds and infrastructure debt following deterioration in the credit quality of large ticket borrowers.
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