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Pharmaceutical market reports 14 pc growth in June
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 7 (ANI): India Ratings and Research (Ind-Ra) has said the 14.1 per cent y-o-y growth in pharmaceutical market during June was led by a normalisation of demand post high growth months of April (51.5 per cent) and May (47.8 per cent).
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Relief measures underscore Indian banks' challenges despite improved FY21
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra), July 7 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to stress evident from extension of Covid-19 related relief measures to borrowers, Fitch Ratings said in a report released on Wednesday.
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Vedanta Resources' funding options will improve on raising debt cap at sub
Updated : 4 years, 8 months ago IST
Singapore, July 7 (ANI): S&P Global Ratings said on Wednesday that Vedanta Resources Ltd can increase funding options to address refinancing needs if it secures consent to raise the cap on total debt at subsidiary guarantor Twin Star Holdings Ltd.
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ONGC's improved earnings outlook to support deleveraging: S&P
Updated : 4 years, 8 months ago IST
Singapore, July 6 (ANI): S&P Global Ratings has said that Oil and Natural Gas Corporation's (ONGC's) improved earnings outlook for the next 12 to 18 months will support deleveraging.
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Sovereign rating actions stall in 1H21: Fitch
Updated : 4 years, 8 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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Moody's assigns definitive Ba1 rating to JSW Hydro Energy's senior notes
Updated : 4 years, 8 months ago IST
Singapore, July 6 (ANI): Moody's Investors Service said on Tuesday it has assigned a definitive Ba1 rating to JSW Hydro Energy Ltd's (JSWH) USD707 million 4.125 per cent senior secured notes due 2031.
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Fitch affirms Glenmark Pharmaceuticals at BB with stable outlook
Updated : 4 years, 8 months ago IST
Singapore, July 6 (ANI): Fitch Ratings has affirmed Glenmark Pharmaceuticals Ltd's long-term issuer default rating at BB with a stable outlook.
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Credit FAQ explores fast-growth drivers for Islamic banking in SE Asia
Updated : 4 years, 8 months ago IST
Singapore, July 5 (ANI): Islamic banks will likely continue to expand faster than conventional peers' in Southeast Asia, S&P Global Ratings said on Monday after analysing growth drivers and risks posed to the sector by Covid-19.
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Fitch rates REC Ltd's proposed USD notes BBB-minus
Updated : 4 years, 8 months ago IST
Hong Kong, July 5 (ANI): Fitch Ratings has assigned REC Ltd's proposed senior unsecured notes a rating of BBB-minus.
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Fitch publishes ONGC's BBB-minus rating, outlook negative
Updated : 4 years, 8 months ago IST
Singapore, July 2 (ANI): Fitch Ratings has published Oil and Natural Gas Corporation's (ONGC's) long-term foreign-currency issuer default rating of BBB-minus.
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Refinery expansion to reduce OIL's rating headroom: Fitch
Updated : 4 years, 8 months ago IST
Singapore, June 30 (ANI): Fitch Ratings expects the rating headroom for Oil India Ltd (OIL) to reduce in the medium term as leverage will rise when it accelerates capex to expand capacity at Numaligarh Refinery Ltd (NRL).
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Indian banks to feel effects of second wave after infections fade: S&P
Updated : 4 years, 8 months ago IST
Singapore, June 30 (ANI): Indian banks face systemic risk as the country sorts through the aftermath of Covid the second wave, S&P Global Ratings said on Wednesday.
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