Search For "rating upgrade"
Fitch removes Adani Energy Solutions from negative watch in first rating u
Updated : 1 year, 3 months ago IST
In a statement Monday, Fitch affirmed the said ratings, noting that the Adani group "has demonstrated adequate funding access" since the US indictment of certain board members of another group entity, Adani Green Energy Limited (AGEL), on 20 November 2024.
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Gopalpur Port's credit rating upgraded by Care Edge Ratings following acqu
Updated : 1 year, 6 months ago IST
The credit rating of Gopalpur Ports Limited (GPL) has been upgraded to CARE AA; Stable by Care Edge Ratings following its acquisition by Adani Ports and Special Economic Zone Limited (APSEZ).
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Star Health Insurance Receives Credit Rating Upgrade from India Ratings
Updated : 1 year, 8 months ago IST
Chennai (Tamil Nadu) [India], October 7: Star Health and Allied Insurance Company Limited (Star Health Insurance), India's leading health insurance provider, has achieved a significant milestone with a credit rating upgrade from India Ratings and Research (Ind-Ra). The company's Long-Term Is
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Adani Green Energy achieves rating upgrade to 'IND AA-' with stable outloo
Updated : 2 years ago IST
The upgrade considers AGEL's continued strong operational asset performance and a scale-up in execution, with annual capacity additions projected to increase to 4GW-5GW from the previous 2.5-3.5GW.
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Poonawalla Fincorp's rating upgraded to CRISIL AAA
Updated : 3 years, 1 month ago IST
Pune (Maharashtra) [India], April 25 (ANI/BusinessWire India): CRISIL Ratings Ltd (CRISIL) has upgraded the rating for long-term debt instruments and bank facilities of Poonawalla Fincorp Limited (PFL) to "CRISIL AAA (triple A)/ Stable".
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Credit quality of India Inc strengthens in April-Sept 2022: ICRA
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of the current financial year, carrying on with the momentum set in motion since the beginning of the financial year 2021-22, rating agency ICRA said on Monday.
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Poonawalla Fincorp's rating upgraded to AAA by Care Ratings
Updated : 3 years, 8 months ago IST
Pune (Maharashtra) [India], October 1 (ANI/BusinessWire India): Care Ratings Ltd (Care) has upgraded the long-term rating of Poonawalla Fincorp Limited (PFL) and its subsidiary, Poonawalla Housing Finance Limited (PHFL) to "CARE AAA (Triple A), Stable". This rating is applicable for bank loa
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Vistaar Finance gets a rating upgrade to 'A' with stable outlook from ICRA
Updated : 3 years, 11 months ago IST
Bengaluru (Karnataka) [India] June 20 (ANI/BusinessWire India): Vistaar Finance, an NBFC lending to MSMEs in India, has received an upgrade in its credit rating as per ICRA rating rationale dated [June 17, 2022]. The long-term credit rating of the Company has been upgraded from [ICRA] A- (St
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Fitch revises outlook on India to 'stable' from 'negative'
Updated : 4 years ago IST
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday revised its outlook on India's long-term foreign currency Issuer Default Rating (IDR) to "Stable" from "Negative" citing diminished downside risks to medium-term growth.
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India Inc performance improves in second half of 2021-22
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 2 (ANI): India Inc performance based on credit ratings improved sharply in the second half of the financial year 2021-22 on the back of sustained improvement in demand, secular deleveraging by debt issuers, and proactive relief measures by the government,
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Poonawalla Fincorp Rating Upgrades to AA+
Updated : 4 years, 9 months ago IST
Pune (Maharashtra) [India], August 26 (ANI/BusinessWire India): CARE has upgraded the rating of various long-term bank facilities/instruments of Poonawalla Fincorp Limited [PFL formerly known as Magma Fincorp Limited (MFL)], by two notches to 'CARE AA+; Stable' from 'CARE AA- (under credit w
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Sovereign rating actions stall in 1H21: Fitch
Updated : 4 years, 11 months ago IST
Hong Kong, July 6 (ANI): Fitch Ratings said on Tuesday there were no sovereign rating upgrades and only three downgrades in 1H21, marking the fewest rating actions in a six-month period in more than 20 years.
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