Hong Kong, May 27 (ANI): Fitch Ratings has affirmed Indian Railway Finance Corporation Ltd's (IRFC's) long-term foreign and local currency issuer default ratings at BBB-minus.
London [UK], May 22 (ANI): The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between the associated risks and benefits, according to Fitch Ratings.
Singapore, May 21 (ANI): Fitch Ratings has assigned Oravel Stays (OYO) a first-time expected long-term foreign and local currency issuer default rating of B(EXP).
Singapore, May 20 (ANI): Fitch Ratings has revised the outlook on JSW Steel (JSWS) issuer default rating to positive from negative while affirming the IDR at BB-minus.
Singapore, May 19 (ANI): Fitch Ratings has said the restructuring plan by Adani Transmission Ltd (ATL) will be credit neutral and unlikely to lead to any change to the company's ratings.
Mumbai (Maharashtra) [India], May 18 (ANI): The recent price increases by Indian cement companies will counter higher energy costs while the impact on profitability from a resurgence of coronavirus is likely to be limited, Fitch Ratings said on Tuesday.
London [UK], May 15 (ANI): Downside pressures on India's creditworthiness remain prominent and the ongoing health crisis will depress economic activity in the near term, Fitch Ratings has said.
London [UK], May 14 (ANI): The UK hospitality sector is facing staff shortages as the pandemic restrictions are gradually lifted and demand returns, Fitch Ratings has said.
New York [USA], May 13 (ANI): Airport traffic is rebounding off of pandemic troughs in most countries though Fitch Ratings' latest quarterly Global Airport Tracker report says the proverbial runway to normal will not be in sight for years.
Singapore, May 12 (ANI): A robust digital-transformation order pipeline will support Indian IT services companies' stronger revenue growth in the financial year ending March 2022 (FY22), according to Fitch Ratings.
Singapore, May 10 (ANI): There are growing indications that India's latest wave of Covid-19 infections will add to risks among financial institutions (FIs) by sapping near-term momentum from the economic recovery, according to Fitch Ratings.
Singapore, May 6 (ANI): Moody's Investors Service has assigned a provisional Ba1 rating to the proposed 10-year USD senior secured notes to be issued by JSW Hydro Energy Ltd.