Search For "moody"
US-China trade tensions slow growth outlook for Asian non-financial compan
Updated : 6 years, 3 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.
Read More
Tata Steel's cost rationalisation in European operations a credit positive
Updated : 6 years, 3 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
Read More
Enabling resolution of finance companies under IBC credit positive for ban
Updated : 6 years, 3 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.
Read More
Moody's assigns Baa1 to ONGC's proposed senior unsecured notes
Updated : 6 years, 3 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.
Read More
Moody's affirms RIL's Baa2 ratings with stable outlook
Updated : 6 years, 4 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.
Read More
Moody's revises India GDP forecast to 5.6 pc, slowdown lasting longer than
Updated : 6 years, 4 months ago IST
New York [USA], Nov 14 (ANI): India's economic slowdown is lasting longer than previously expected, Moody's Investors Service said on Thursday while pegging its forecast for the gross domestic product (GDP) growth at 5.6 per cent in 2019 calendar year.
Read More
Tata Motors to raise $500 million by issuing offshore bonds
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 14 (ANI): Automobile manufacturer Tata Motors said on Thursday that its board of directors has approved the pricing and tenure of 500 million dollars (about Rs 3,572 crore) fundraise through bonds to be issued later this month.
Read More
Moody's downgrades Macrotech Developers' CFR to Caa1, outlook negative
Updated : 6 years, 4 months ago IST
Singapore, Nov 13 (ANI): Moody's Investors Service has downgraded the corporate family rating (CFR) of Macrotech Developers Ltd (MDL) to Caa1 from B3.
Read More
Moody's assigns Ba3 rating to Tata Motors' proposed senior unsecured notes
Updated : 6 years, 4 months ago IST
Singapore, Nov 12 (ANI): Moody's Investors Service said on Tuesday it has assigned a Ba3 rating to the proposed senior unsecured notes to be issued by Tata Motors Ltd (TML).
Read More
Sovereign creditworthiness outlook negative due to unpredictable political
Updated : 6 years, 4 months ago IST
New York [USA], Nov 11 (ANI): Moody's Investors Service said on Monday its outlook for sovereign creditworthiness in 2020 is negative, reflecting expectations for the fundamental conditions that will drive sovereign credit over the next 12 to 18 months.
Read More
Indian economy can withstand any cyclical winds: Anurag Thakur
Updated : 6 years, 4 months ago IST
Dharmshala (Himachal Pradesh) [India], Nov 9 (ANI): Indian economy is structured on strong fundamentals and has the potential to withstand any cyclical winds, Minister of State for Finance and Corporate Affairs, Anurag Thakur, said on Friday.
Read More
Moody's takes rating action on 12 Indian FIs, 8 corporates, 8 sovereign-li
Updated : 6 years, 4 months ago IST
Singapore, Nov 8 (ANI): Moody's Investors Service on Friday took rating action on 11 Indian financial institutions (FIs), eight non-financial corporates and eight sovereign-linked Indian infrastructure companies, a day after it changed the outlook on India's Baa2 sovereign rating to negative
Read More