New York, June 2 (ANI): Moody's Investors Service has downgraded India's foreign-currency and local-currency long-term issuer ratings to Baa3 from Baa2 and local-currency senior unsecured rating to Baa3 from Baa2.
Singapore, May 25 (ANI): Fitch Ratings has downgraded issuer default ratings (IDRs) of JSW Steel and Tata Steel to BB-minus from BB after completing a portfolio review.
Mumbai (Maharashtra) [India], May 7 (ANI): Care Ratings has downgraded Ashok Leyland's bank facilities totalling Rs 4,200 crore and debentures from AA-plus to AA with a negative outlook due to falling demand of commercial vehicles in the backdrop of coronavirus pandemic led economic slowdown
Mumbai (Maharashtra) [India], April 25 (ANI): India Ratings and Research (Ind-Ra) has downgraded NTPC BHEL Power Projects Pvt Ltd's (NBPPL) long-term issuer rating to B-plus from BB-minus with a negative outlook.
Singapore, Mar 24 (ANI): Moody's Investors Service on Tuesday downgraded Oil and Natural Gas Corporation Ltd's (ONGC's) local and foreign currency issuer ratings to Baa2 from Baa1.
New Delhi [India], Mar 24 (ANI): Rating agency ICRA has revised the outlook on the Indian hospitality sector from stable to negative, following the global spread of COVID-19 pandemic.
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
New Delhi [India], Feb 28 (ANI): Investment information firm ICRA has maintained a negative outlook on the Indian aviation industry in view of ongoing lockouts in parts of China following the outbreak of coronavirus.
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.
New Delhi [India], Dec 25 (ANI): Investment information firm ICRA estimates the brokerage industry revenue growth rate to remain muted at two to five per cent compared to year-on-year growth of three per cent in FY19 and 30 per cent in FY18.
New Delhi [India], Dec 13 (ANI): Investment information and rating agency ICRA has maintained a negative outlook for the Indian telecom industry which is grappling with adjusted gross revenue (AGR) dues, notwithstanding the green-shoots of recovery.