Mumbai (Maharashtra) [India], May 21 (ANI): Incremental order inflows in roads, railways, irrigation, housing development projects and distribution segments will drive the demand forecast for the infrastructure sector in FY22, according to India Ratings and Research (Ind-Ra).
Singapore, May 21 (ANI): Fitch Ratings has assigned Oravel Stays (OYO) a first-time expected long-term foreign and local currency issuer default rating of B(EXP).
Singapore, May 20 (ANI): Fitch Ratings has revised the outlook on JSW Steel (JSWS) issuer default rating to positive from negative while affirming the IDR at BB-minus.
Mumbai (Maharashtra) [India], May 19 (ANI): India Ratings and Research (Ind-Ra) has said the second Covid-19 wave may slightly impact the textile sector's supply and demand dynamics primarily in 1Q FY22.
Singapore, May 19 (ANI): Fitch Ratings has said the restructuring plan by Adani Transmission Ltd (ATL) will be credit neutral and unlikely to lead to any change to the company's ratings.
Mumbai (Maharashtra) [India], May 18 (ANI): The recent price increases by Indian cement companies will counter higher energy costs while the impact on profitability from a resurgence of coronavirus is likely to be limited, Fitch Ratings said on Tuesday.
Singapore, May 18 (ANI): S&P Global Ratings said on Tuesday Vedanta Resources Ltd's ability to meet debt maturities until at least June 2022 has strengthened because of the likely strong operating performance of its subsidiary Vedanta Ltd.
Washington [US], May 17 (ANI): American late-night live television sketch comedy show 'Saturday Night Live' hit low ratings following a boost caused by the unique hosting choice of Elon Musk last week.
Mumbai (Maharashtra) [India], May 15 (ANI): A recent survey by CARE Ratings shows that a majority of industry leaders perceive lockdown to be a solution for the raging coronavirus situation across India with a sizeable number expecting it to extend only till May-end.
London [UK], May 15 (ANI): Downside pressures on India's creditworthiness remain prominent and the ongoing health crisis will depress economic activity in the near term, Fitch Ratings has said.
Singapore, May 14 (ANI): Moody's Investors Service on Friday changed the outlook to stable from negative on Tata Motors Ltd (TML) and affirmed TML's B1 corporate family rating and B1 senior unsecured ratings.