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Collection recovery in securitisation transactions yet to catch up: Ind-Ra
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 20 (ANI): India Ratings and Research (Ind-Ra) has said it witnessed a recovery in average current collection efficiency to 79 per cent in July from 67 per cent in May across 143 rated securitisation transactions.
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Reliance Industries' FC IDR reflects robust external debt service ratio
Updated : 4 years, 6 months ago IST
Singapore, September 17 (ANI): Fitch Ratings has said the upgrade of Reliance Industries Ltd's (RIL's) long-term foreign-currency (FC) issuer default rating (IDR) to BBB in June -- a notch above India's country ceiling of BBB-minus -- reflects expectation that RIL's hard-currency (HC) extern
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Moody's upgrades Tata Steel to Ba1 with stable outlook
Updated : 4 years, 6 months ago IST
Singapore, Sep 16 (ANI): Moody's Investors Service has upgraded the corporate family rating of Tata Steel Ltd to Ba1 from Ba2.
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Fitch affirms Kerala Infrastructure Investment at BB with stable outlook
Updated : 4 years, 6 months ago IST
Hong Kong, Sep 16 (ANI): Fitch Ratings has affirmed Kerala Infrastructure Investment Fund Board's (KIIFB) long-term foreign- and local-currency issuer default ratings at BB.
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Inflation likely to decline till November: India Ratings and Research
Updated : 4 years, 6 months ago IST
New Delhi [India], September 13 (ANI): Inflation rates are expected to decline till at least November this year, said India Ratings and Research, a credit rating agency, on Monday.
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Demand tailwinds supportive for auto sector: Ind-Ra
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 13 (ANI): India Ratings and Research (Ind-Ra) has maintained an improving outlook for auto sector during FY22 as revival across segments is expected to continue in the second half, aided by a recovery in consumer sentiments, increased preference for personal
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Moody's changes JSW's rating outlook to positive, affirms Ba2
Updated : 4 years, 6 months ago IST
Singapore, September 13 (ANI): Moody's Investors Service has changed the outlook on JSW Steel Ltd and Periama Holdings LLC's ratings to positive from stable.
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Revenues of engineering and capital goods cos seen up 15 to 17 pc: Crisil
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 10 (ANI): The government's thrust on infrastructure with higher budgetary allocation and economic recovery will lift the revenues of engineering and capital goods companies by 15 to 17 per cent this fiscal, more than making up for a 3 per cent contraction la
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Elevated inflation can be a drag on overall economic recovery: Ind-Ra
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 10 (ANI): India Ratings and Research (Ind-Ra) has said that salaried and wages earners will be a drag on overall economic recovery in medium term due to tepid recovery of household consumption.
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Fitch rates PFC's proposed EUR green bond BBB-minus
Updated : 4 years, 6 months ago IST
Hong Kong, Sep 10 (ANI): Fitch Ratings has assigned Power Finance Corporation's (PFC's) proposed Regulation S senior unsecured euro green bond a rating of BBB-minus.
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Indian banks' improved performance reflects deferred recognition of asset
Updated : 4 years, 6 months ago IST
London [UK], September 10 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident from extension of Covid-19-related relief measures to borrowers, Fitch Ratings has said.
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Specialty chemicals' capex to spurt 50 pc on strong demand: Crisil
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): A revival in domestic demand and continuing robust exports will spur 50 per cent on-year increase in the capital expenditure (capex) of specialty chemicals manufacturers this fiscal to Rs 6,000 to 6,200 crore, according to Crisil Ratings.
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