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Stocks tumble due to weak global trends, Dr Reddy's down by 1.9 pc
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 29 (ANI): Equity benchmark indices tumbled into the negative terrain during early hours on Friday following weak global cues as investors feared that passage of the Hong Kong pro-democracy bill in Washington could derail trade talks between the United States
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Indian states face challenges in reducing deficits, constraining governmen
Updated : 6 years, 7 months ago IST
London [Britain], Nov 27 (ANI): Indian states face difficulties in reducing deficits, challenging the country's ability to meet medium-term fiscal consolidation goals as economic growth slows, Moody's Investors Service said in a new report released on Wednesday.
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US-China trade tensions slow growth outlook for Asian non-financial compan
Updated : 6 years, 7 months ago IST
Hong Kong, Nov 26 (ANI): Moody's Investors Service said in a new report on Tuesday that slowing economic growth and continued trade tensions will keep credit conditions negative for non-financial companies in Asia (ex-Japan) in 2020, although the impact will vary by country and sector.
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Paytm raises $1 billion from Softbank, Ant and other investors
Updated : 6 years, 7 months ago IST
New Delhi, [India], Nov 25 (ANI): One97 Communications Ltd, the parent of digital payments company Paytm, said on Monday it has raised the latest equity fundraise from a group of investors including existing shareholders like Ant Financial, Softbank Vision Fund and new investors including fu
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Tata Steel's cost rationalisation in European operations a credit positive
Updated : 6 years, 7 months ago IST
Singapore, Nov 25 (ANI): Tata Steel's planned cost rationalisation programme for its wholly-owned subsidiary Tata Steel UK Holdings (TSUKH) is credit positive for both companies because it will support a turnaround in the latter's less profitable operations that have dragged on Tata Steel's
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Enabling resolution of finance companies under IBC credit positive for ban
Updated : 6 years, 7 months ago IST
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
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Essel Group to further divest its stake in ZEEL
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 21 (ANI): The Essel Group has finally announced plans to sell 16.5 per cent stake in Zee Entertainment Enterprises Ltd (ZEEL) to financial investors.
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Moody's assigns Baa1 to ONGC's proposed senior unsecured notes
Updated : 6 years, 7 months ago IST
Singapore, Nov 20 (ANI): Moody's Investors Service on Wednesday assigned a Baa1 rating with a negative outlook to the proposed senior unsecured notes to be issued by Oil and Natural Gas Corporation Ltd (ONGC) under its two billion dollars medium-term note programme.
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Telecom stocks gain as equity indices remain flat, Vodafone Idea up by 18
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): Equity benchmark indices gained marginally during early hours on Tuesday as investors remained cautious in the absence of any major positive triggers on the domestic and global front.
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NSE facilitates primary subscription for retail investors in SDL auctions
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 18 (ANI): National Stock Exchange of India Ltd (NSE) on Monday introduced facilitation of subscription in state development loans (SDLs) through its e-Gsec platform to enable retail participation through the non-competitive bidding route.
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Singtel posts first ever quarterly loss of SGD 668 million on Bharti Airte
Updated : 6 years, 7 months ago IST
Singapore, Nov 18 (ANI): Singapore's dominant telecommunications operator, Singtel shocked investors when reporting their second-quarter results last week posting a historic loss of SGD 668 million (USD 491 million or INR 35.2 billion). This is mainly due to a one-time charge affecting assoc
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Moody's affirms RIL's Baa2 ratings with stable outlook
Updated : 6 years, 7 months ago IST
Singapore, Nov 14 (ANI): Moody's Investors Service on Thursday affirmed Reliance Industries Ltd's (RIL's) Baa2 domestic long-term issuer rating and foreign currency senior unsecured rating.
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