Global rating agency S&P Global Ratings has revised its rating on Reliance Industries Ltd. (RIL), raising the long-term issuer credit rating to 'A-' from 'BBB+' amid expectations of improving cash flow stability driven by its expanding consumer-focused businesses.
Singapore, August 4 (ANI): S&P Global Ratings has raised its long-term issuer credit rating on Tata Steel and its subsidiary ABJA Investment Company to BB from BB-minus.
Singapore, Feb 11 (ANI): S&P Global Ratings has affirmed BBB-minus long-term issuer credit rating on Power Grid Corporation, the largest power transmission company in India which manages about 85 per cent of the country's inter-state transmission system.
Singapore, July 20 (ANI): AM Best has downgraded the financial strength rating of New India Assurance Company Ltd -- the largest player in India's non-life insurance market -- to B-double plus (good) from A-minus (excellent) and the long-term issuer credit rating to bbb-plus from a-minus.
Singapore, July 3 (ANI): AM Best has downgraded the financial strength rating (FSR) to B-plus-plus (good) from A-minus (excellent) and the long-term issuer credit rating (ICR) to bbb-plus from a-minus of General Insurance Corporation of India (GIC Re).
New Delhi [India], Feb 5 (ANI)[BusinessWireIndia]: Bajaj Finance Ltd. (BFL), the most diversified non-bank in India, has been assigned a long-term issuer credit rating of ’BBB–' with a stable outlook and ‘A-3' short-term issuer credit rating by S&P Global Ratings on