Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
Singapore, April 29 (ANI): S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issue rating at CCC-minus.
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+.
New Delhi [India], April 17 (ANI): Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative.
New Delhi [India], March 5 (ANI): India has reacted to US-based watchdog Freedom House which in its latest report has downgraded India's status as a democracy and free society to partly free.
Singapore, Jan 18 (ANI): Fitch Ratings said on Monday it has downgraded Delhi International Airport Ltd's (DIAL's) long-term issuer default rating (IDR) and the ratings on its outstanding senior unsecured notes to BB from BB-plus.
Mumbai (Maharashtra) [India], January 15 (ANI): India Ratings and Research (Ind-Ra) has downgraded Safety Controls & Devices Pvt Ltd's (SCDPL's) long-term issuer rating to BB with a negative outlook from BB-plus.
Canberra [Australia], January 12 (ANI/Xinhua): The threat from a fast-moving grass fire in South Australia (SA) has eased after thousands of hectares of land were burned.
Geneva [Switzerland], October 1 (ANI): The International Air Transport Association (IATA) has downgraded its traffic forecast for 2020 to reflect a weaker-than-expected recovery as evidenced by a dismal end to the summer travel season in the northern hemisphere.
New Delhi [India], September 28 (ANI): Taj GVK Hotels and Resorts said on Monday that ICRA has downgraded its long-term loans totalling Rs 166 crore to A-minus from A and short-term credit facilities worth Rs 30 crore to A2-plus from A1.
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
Mumbai (Maharashtra) [India], Aug 22 (ANI): India Ratings and Research (Ind-Ra) has downgraded South Indian Bank's long-term issuer rating to A from A-plus with a negative outlook.