Mumbai (Maharashtra) [India], Aug 24 (ANI): Brickwork Ratings has upgraded the rating of unsecured non-convertible debenture (NCD) issues aggregating Rs 4,000 crore of Tata Steel Ltd (TSL) from AA stable to AA-plus stable.
New Delhi [India], August 21 (ANI): ICRA has reaffirmed A-plus rating on GE Power India Ltd (GEPIL) but said the outlook revision to negative from stable on the bank lines is driven by deterioration in credit profile on account of losses incurred in Q1 FY2022.
Mumbai (Maharashtra) [India], Aug 21 (ANI): Crisil Ratings has revised the credit quality outlook of India Inc for fiscal 2022 to positive from cautiously optimistic earlier, predicated on a sustained recovery in demand after the blip caused by the second wave of Covid-19 afflictions in the
Hong Kong, Aug 20 (ANI): Covid-19 remains an overhang on the near-term growth outlook of Asia and lockdown measures are constraining consumption growth, Morgan Stanley said on Friday.
Singapore, Aug 19 (ANI): Emerging southeast Asian economies are facing intense headwinds from persistent Covid-19 pandemic waves, S&P Global Ratings said on Thursday, adding that private consumption and services will be hit hardest.
Mumbai (Maharashtra) [India], August 17 (ANI): Equity benchmark gauges were at flat levels during early hours on Tuesday amid slim gains in Asian markets with investors concerned about the outlook of global macroeconomic data after the spread of Covid-19 virus.
Mumbai (Maharashtra) [India], August 16 (ANI): Buoyed by healthy growth outlook, the cement industry is pressing the pedal on capacity additions with 80 million tonnes expected over the next three years through fiscal 2024, a quarter more than that seen during the last three fiscals (64 MT).
Mumbai (Maharashtra) [India], Aug 14 (ANI): India Ratings and Research (Ind-Ra) has assigned long-term issuer default rating for the Indian branch of Barclays Bank Plc (BBPLC) at AAA with a stable outlook.
Hyderabad (Telangana) [India], August 8 (ANI/PNN): With the recent demand in growth for the steel world over post-COVID-19 lockdown, the steel industry is confident of a positive growth outlook.
Mumbai (Maharashtra) [India], August 7 (ANI): India Ratings and Research (Ind-Ra) has affirmed IDFC First Bank's (IDFCFB's) debt instruments' ratings at AA-plus with a negative outlook.