Mumbai (Maharashtra) [India], Aug 22 (ANI): Acuite Ratings and Research has again downgraded several financial instruments of Kishore Biyani-led Future Enterprises.
Mumbai (Maharashtra) [India], August 15 (ANI): Acuite Ratings and Research has downgraded the long-term rating on Rs 200 crore proposed non-convertible debentures of Future Retail to BB-plus from BBB-plus.
New Delhi [India], July 30 (ANI): Rating agency ICRA has reaffirmed IndiGo's long-term rating at A-plus with a negative outlook but downgraded short-term rating by one notch from A1-plus to A1.
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.
Mumbai (Maharashtra) [India], July 25 (ANI): India Ratings and Research (Ind-Ra) has downgraded low-cost carrier Go Airlines India Ltd (Go Air) long-term issuer rating to BBB-plus from A-minus while maintaining it on rating watch negative.
Singapore, July 20 (ANI): AM Best has downgraded the financial strength rating of New India Assurance Company Ltd -- the largest player in India's non-life insurance market -- to B-double plus (good) from A-minus (excellent) and the long-term issuer credit rating to bbb-plus from a-minus.
Mumbai (Maharashtra) [India], July 13 (ANI): Acuite has downgraded its long term rating to BBB-minus from BBB and reaffirmed its short term rating of A3-plus on Rs 273 crore bank facilities of Goa Carbon Ltd.
New Delhi [India], July 8 (ANI): ICRA has reaffirmed GE T&D India's long-term and short-term credit ratings but downgraded the outlook from stable to negative for long-term ratings.
Singapore, July 3 (ANI): AM Best has downgraded the financial strength rating (FSR) to B-plus-plus (good) from A-minus (excellent) and the long-term issuer credit rating (ICR) to bbb-plus from a-minus of General Insurance Corporation of India (GIC Re).
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) on Monday downgraded Haldia Petrochemicals Ltd's (HPL's) long-term issuer rating to AA-minus from AA while resolving the rating watch negative (RWN).
Singapore, June 27 (ANI): S&P Global Ratings has downgraded ratings on four Indian finance companies on weak economic conditions due to Covid-19 and affirmed ratings on two others.
New Delhi [India], June 27 (ANI): CARE has downgraded the rating on the long-term bank facilities of Bharat Heavy Electricals Ltd (BHEL) to AA from AA-plus while reaffirming the outlook to stable.