Search For "fitch"
Indian pharma's sales to rise after cost cuts support margins in pandemic-
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 29 (ANI): Indian pharmaceutical companies' sales will rise after a gradual easing of the coronavirus pandemic-related lockdown measures that caused disruptions across most markets in April to June, Fitch Ratings has said.
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India's gold-focused NBFIs' risks rise with high gold prices: Fitch
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): A surge in gold prices since the start of coronavirus pandemic has helped to support higher loan growth by some Indian non-bank financial institutions (NBFIs) that lend against the metal, a move that will bolster their interest income but the trend
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Further consolidation in Indian aviation on slow demand rebound: Fitch
Updated : 5 years, 6 months ago IST
Singapore, Aug 26 (ANI): The weak liquidity position of some Indian airlines is likely to force them to curtail operations and allow stronger rivals to enhance their presence in the domestic aviation sector, Fitch Ratings said on Wednesday.
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Cyril Amarchand Mangaldas advises Adani Ports and Special Economic Zone on
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra)/New Delhi [India] Aug 26 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the India legal counsel to Adani Ports and Special Economic Zone Limited (APSEZL) on raising funds through the issuance of bonds. The company is the largest commercial ports operator in India and
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GAIL's weaker EBIT highlights US LNG price risks: Fitch
Updated : 5 years, 6 months ago IST
Singapore, Aug 24 (ANI): Fitch Ratings says GAIL India Ltd's 82 per cent year-on-year plunge in earnings before interest and taxes (EBIT) to Rs 480 crore in the first quarter of the financial year ending March 2021 was weaker than the agency's expectations and reflects price risks under GAIL
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Indian automakers' demand outlook cloudy despite some respite in July: Fit
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): Demand for automobiles in India continues to be uncertain even though the sharp slide in sales during April to June slowed in July which could reflect the release of pent-up demand following gradual easing of restrictions to contain coronavirus pan
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Coronavirus hits Indian electricity demand, capacity addition: Fitch
Updated : 5 years, 6 months ago IST
Singapore, Aug 21 (ANI): Fitch Ratings expects India's electricity demand to drop by 4 per cent during the financial year ending March 2021 given the expectations of only a gradual pick-up in economic activity since pandemic-related lockdowns were relaxed in June.
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Regulations support Adani Transmission's EBITDA, collection delays: Fitch
Updated : 5 years, 7 months ago IST
Singapore, Aug 12 (ANI): The operating profit of Adani Transmission Ltd's (ATL's) electricity transmission and distribution business is largely immune to lower volume caused by coronavirus pandemic as it benefits from a favourable regulatory framework, Fitch Ratings said on Wednesday.
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India's bank debt restructuring to delay NPL recognition: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 11 (ANI): The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector's asset quality, Fitch Ratings said on Tuesday.
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India's incentives for domestic API production could cut supply risk: Fitc
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 10 (ANI): The Indian government's recent incentives to boost domestic manufacturing of active pharmaceutical ingredients (APIs) and key starting materials (KSMs) can improve backward integration over the next few years and curtail supply-chain disruption ris
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Indian telcos' revenue grows strongly defying coronavirus: Fitch
Updated : 5 years, 7 months ago IST
Singapore, Aug 7 (ANI): Indian telecom operators reported strong revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) growth in the three months ending June (Q1 FY21) due to tariff growth and higher data usage, defying the economic slowdown from the countrywide
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Indian banks to require more capital as safeguard against stress: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 1 (ANI): Indian state-owned banks' plans to raise capital from private sources will not be sufficient to mitigate anticipated risks unless supplemented with additional capital support from the government, according to Fitch Ratings.
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