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Emaar Malls plan merger with Emaar Properties a credit negative: Moody's
Updated : 5 years ago IST
Dubai [UAE], March 8 (ANI): Moody's Investors Service has said the proposed merger of Emaar Properties and its subsidiary Emaar Malls by way of share swap will be credit negative for the latter.
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Fitch, S&P rate IRFC's proposed USD notes at BBB-minus
Updated : 5 years ago IST
Hong Kong, March 8 (ANI): Fitch Ratings has assigned Indian Railway Finance Corporation's (IRFC's) proposed US dollar Regulation senior unsecured notes a rating of BBB-minus.
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Fiscal deficit to undershoot, may spur cancellation of final two G-sec auc
Updated : 5 years ago IST
New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by more than 35 basis points since its introduction to 6.23 per cent intra-day as on Friday with an uptick in recent weeks led by higher-than-expected fiscal deficit, ratings agency ICRA
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Crisil revises outlook on Canara Bank's debt instruments to stable
Updated : 5 years ago IST
Bengaluru (Karnataka) [India], March 5 (ANI): Crisil has revised its outlook on long-term debt instruments of Canara Bank to stable from negative while reaffirming the ratings at AAA and AA.
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Telecom spectrum auctions credit neutral for Reliance Jio, Bharti Airtel:
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 5 (ANI): The acquisition of spectrum by Reliance Jio Infocomm (RJio) and Bharti Airtel in recently-concluded 4G spectrum auction will not impact their financial and credit profiles, India Ratings and Research (Ind-Ra) said on Friday.
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Business models to evolve for non-banks amid regulatory changes: Ind-Ra
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): India Ratings and Ratings (Ind-Ra) on Thursday maintained a stable outlook on retail non-banking finance company (NBFC) and housing finance company sectors for FY22.
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Ind-Ra revises PNB Housing Finance's NCDs to negative
Updated : 5 years ago IST
New Delhi [India], March 3 (ANI): India Ratings and Research (Ind-Ra) has revised the outlook on PNB Housing Finance's (PNBHF's) non-convertible debentures (NCDs) to negative from stable while affirming the rating at AA.
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Steel exports to remain low due to rising domestic demand: Ind-Ra
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Steel exports from India are likely to remain low over the balance of fourth quarter (4Q FY21) due to continuing strong domestic demand and robust realisations, India Ratings and Research (Ind-Ra) said on Wednesday.
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Crisil revises outlook on Union Bank's long-term debt instruments to stabl
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Crisil Ratings has revised the outlook on long-term debt instruments of Union Bank of India (UBI) to stable from negative while reaffirming ratings at AA-plus.
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TRP scam: Bombay HC grants bail to ex-BARC CEO Partho Dasgupta
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], March 2 (ANI): The Bombay High Court on Tuesday granted bail to Partho Dasgupta, former Chief executive officer (CEO) of the Broadcast Audience Research Council (BARC), accused of involvement in the alleged Television Rating Points (TRP) scam.
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Asia Pacific central government borrowings to remain high this year: S&
Updated : 5 years ago IST
Singapore, March 2 (ANI): S&P Global Ratings on Tuesday projected that Asia Pacific central government borrowings will remain high by historical standards in 2021 after a pandemic-driven surge in 2020.
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ADB's AAA rating affirmed, outlook stable
Updated : 5 years ago IST
Singapore, February 27 (ANI): S&P Global Ratings has affirmed AAA long-term and A-1 plus short-term issuer credit ratings on Asian Development Bank (ADB).
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