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Ind-Ra places Wockhardt on rating watch evolving
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 25 (ANI): Pharmaceutical and biotechnology major Wockhardt said on Tuesday that India Ratings and Research (Ind-Ra) has placed its long-term issuer rating of BB plus on rating watch evolving (RWE) with a negative outlook.
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Ind-Ra revises outlook on textile sector to negative
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 19 (ANI): India Ratings and Research (Ind-Ra) has revised the textile sector's outlook to negative for FY21 from stable as weak domestic demand growth, threat of cheap imports and dwindling incentives and exports are likely to keep volumes muted.
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Ind-Ra downgrades Vodafone Idea, NCDs to IND B
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 18 (ANI): India Ratings and Research (Ind-Ra) on Tuesday downgraded Vodafone Idea's long-term issuer rating to B from BBB minus while maintaining it on rating watch negative (RWN).
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Ind-Ra maintains Yes Bank on rating watch negative
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Jan 29 (ANI): Private sector lender Yes Bank said on Wednesday that India Ratings and Research (Ind-Ra) has maintained its long-term issuer rating of A on rating watch negative (RWN) and withdrawn its short-term issuer rating of A1.
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Margins to improve for cotton textiles but volatile for man-made fibres: I
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Jan 27 (ANI): India Ratings and Research (Ind-Ra) expects cotton prices to soften till March due to better yield leading to higher productivity of cotton in the current season.
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Marginal uptick in GDP for FY21 at 5.5 pc but downside risks remain: Ind-R
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 22 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday it expects gross domestic product (GDP) to grow at 5.5 per cent year-on-year in the next financial year (FY 20-21) but added that downside risks persist.
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Raising labour productivity critical to push GDP growth: Ind-Ra
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 9 (ANI): India will have to raise its labour productivity growth to 6.3 per cent to achieve 8 per cent GDP growth, India Ratings and Research (Ind-Ra) said on Thursday.
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Higher gross spreads expected in steel sector over H2 FY20: Ind-Ra
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 2 (ANI): India Ratings and Research (Ind-Ra) said on Thursday that domestic steel demand showed improvement in the third quarter of current fiscal year and can further pick up in the fourth quarter (January to March).
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Ind-Ra withdraws CP rating for Dishman Carbogen Amics, places it on RWE
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 1 (ANI): India Ratings and Research (Ind-Ra) has placed Dishman Carbogen Amcis Ltd's (DCAL's) long-term issuer rating of A-plus on rating watch evolving (RWE).
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States' aggregate fiscal deficit to rise to 3 pc of GDP in FY20: Ind-Ra
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Dec 31 (ANI): The aggregate fiscal deficit of states will touch 3 per cent gross domestic product (GDP) in FY20 against the budgeted figure of 2.6 per cent, India Ratings and Research (Ind-Ra) said on Tuesday.
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SEBI fines three credit rating agencies for IL&FS debt rating
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Dec 27 (ANI): Stock market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 25 lakh on each of three leading credit rating agencies for their failure to carry out proper due diligence when assigning credit ratings to the troubled
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India Ratings downgrades Yes Bank to A, places on RWN
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Dec 19 (ANI): India Ratings and Research (Ind-Ra) has downgraded Yes Bank's long-term issuer rating to A from A-plus and its short-term issuer rating to A1 from A1-plus.
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