Mumbai (Maharashtra) [India], July 25 (ANI): India Ratings and Research (Ind-Ra) has downgraded low-cost carrier Go Airlines India Ltd (Go Air) long-term issuer rating to BBB-plus from A-minus while maintaining it on rating watch negative.
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).
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.
Mumbai (Maharashtra) [India], Nov 19 (ANI): State-owned Steel Authority of India Limited (SAIL) said on Tuesday that India Ratings and Research (Ind-Ra) has revised its outlook to negative from stable while affirming its long-term issuer rating at IND AA minus.
Mumbai (Maharashtra) [India], July 19 (ANI): Cement manufacturer ACC has reported 38.61 per cent rise in its consolidated net profit at Rs 455.68 crore for the quarter ended June 30 due to improvement in operating performance and sales.