Search For "fitch"
Stranded assets a long-term risk for major fossil fuel exporters: Fitch
Updated : 5 years ago IST
London [UK], February 19 (ANI): Fossil fuel exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades, Fitch Ratings has said in a new report.
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Fitch upgrades Jubilant Pharma to BB with stable outlook
Updated : 5 years ago IST
Singapore, Feb 18 (ANI): Fitch Ratings on Thursday upgraded Jubilant Pharma Ltd's (JPL's) long-term foreign currency issuer default rating to BB from BB-minus.
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Fitch lowers risk for credit metrics of Indian oil marketing firms
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 16 (ANI): The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's oil marketing companies against weak gross refining margins (GRMs), thereby lowering downside risks for thei
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Digital approaches to address India's healthcare challenges: Fitch
Updated : 5 years ago IST
Singapore, February 15 (ANI): Digital solutions will help in creating a comprehensive and integrated healthcare ecosystem across India and support the patients to get access to high-quality and cost-effective care, according to Fitch Solutions.
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Passenger vehicle sales up 11 pc in January: SIAM
Updated : 5 years, 1 month ago IST
New Delhi [India], February 11 (ANI): Passenger vehicle sales rose by 11 per cent to 2.76 lakh units in January from 2.48 lakh units in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
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Credit impact of Indian Budget hinges on growth outlook: Fitch
Updated : 5 years, 1 month ago IST
Hong Kong, February 11 (ANI): India's Budget presented by the government on February 1 points to a loosening of fiscal policy to support the country's ongoing economic recovery from the pandemic and will consequently lead to a rise in public debt, Fitch Ratings said on Thursday.
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Budget proposals positive for India's insurance industry: Fitch
Updated : 5 years, 1 month ago IST
Colombo [Sri Lanka], Feb 10 (ANI): India's 2021-2022 Budget has proposed relaxing foreign-ownership caps on insurers and listing the country's largest state-owned insurer, measures that Fitch Ratings says will help the industry attract foreign capital, strengthen solvency and promote competi
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Capital support for Indian govt banks to determine loan growth: Fitch
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra), Feb 8 (ANI): Indian state-owned banks will be forced to continue on a path of risk aversion and soft loan growth without adequate capital support from the state, according to Fitch Ratings.
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Jio, Bharti continue to grow on higher tariff, more subscribers: Fitch
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Fitch Ratings on Friday forecast the Indian telecom industry's mobile segment EBITDA to increase by at least 40 per cent in the financial year to end-March 2021 (FY21) compared with 25 per cent in FY20 following strong performances by market leader Reliance Ji
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Fitch rates IRFC's proposed USD notes as BBB-minus
Updated : 5 years, 1 month ago IST
Hong Kong, February 3 (ANI): Fitch on Wednesday assigned Indian Railway Finance Corporation Ltd's (IRFC's) proposed US dollar Regulation S/144A senior unsecured notes a rating of BBB-minus.
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India's discom reform plan to benefit gencos in long term: Fitch
Updated : 5 years, 1 month ago IST
Singapore, Feb 2 (ANI): India's proposed plan to improve operations and finances of state-owned distribution companies (discoms), the weakest link in power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, according to Fi
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Deficit targets in India's Budget are higher: Fitch
Updated : 5 years, 1 month ago IST
Singapore, February 2 (ANI): Deficit targets presented in India's Budget are higher and medium-term consolidation more gradual than expected, Fitch Ratings said on Tuesday.
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