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Ind-Ra upgrades FY21 credit growth estimates to 6.9 pc
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 27 (ANI): India Ratings and Research (Ind-Ra) has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent, given the improved economic environment in 2H FY21 and the government's focus on higher -- spending especially on infrastructu
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ICRA reaffirms AA-plus rating on United Spirit's financial instruments
Updated : 5 years ago IST
Bengaluru (Karnataka) [India], Feb 27 (ANI): ICRA has reaffirmed AA-plus rating with a stable outlook on United Spirits Ltd's (USL's) Rs 3,425 crore long-term, short-term and non-fund based financial instruments.
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Global container shipping rates high but unsustainable: Fitch
Updated : 5 years ago IST
London [UK], February 26 (ANI): Global container shipping companies' performance will be strong in 2021 after a profitable 2020, according to Fitch Ratings.
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Sunteck Realty rating affirmed AA-minus, outlook upgraded to positive
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 26 (ANI): India Ratings and Research (Ind-Ra) has affirmed AA-minus on luxury real estate developer Sunteck Realty's long-term issuer rating with outlook upgraded to positive.
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Ind-Ra revises outlook for transport infrastructure to stable
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 25 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its infrastructure sector outlook to stable for FY22 from negative while maintaining a negative outlook on airports and wind power projects.
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India's economic recovery to reduce bank stress: S&P
Updated : 5 years ago IST
Singapore, February 24 (ANI): An improvement in India's macroeconomic conditions is likely to alleviate stress for the country's banking sector, S&P Global Ratings said on Wednesday.
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S&P gives B-minus to Vedanta Resources guaranteed senior unsecured not
Updated : 5 years ago IST
Singapore, Feb 24 (ANI): S&P Global Ratings has assigned B-negative long-term issue rating to Vedanta Resources Ltd's proposed guaranteed senior unsecured notes.
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Large real estate players double market share: ICRA
Updated : 5 years ago IST
New Delhi [India], February 23 (ANI): The residential realty sector is witnessing a K-shaped recovery with large listed players recovering at a much better pace than smaller unorganised players, credit rating agency ICRA said on Tuesday.
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Reliance's proposed business reorganisation credit neutral: Fitch
Updated : 5 years ago IST
Singapore, February 23 (ANI): Fitch Ratings said on Tuesday the proposed reorganisation plan by Reliance Industries Ltd (RIL) to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary as a step towards facilitating participation by strat
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Ind-Ra lowers expected Covid-19 stress on banks
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 23 (ANI): India Ratings and Research (Ind-Ra) has revised its outlook on the overall banking sector to stable for FY22 from negative.
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Sugar production to rise by 12 to 14 pc in SS 2020-21: Brickwork
Updated : 5 years ago IST
New Delhi [India], Feb 23 (ANI): Sugar production in the country is likely to grow by 12 to 14 per cent year-on-year to 31.5 million tonnes in the October 2020 to September 2021 season, Brickwork Rating said on Tuesday.
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S&P assigns BBB-minus to Bharti Airtel's proposed senior notes
Updated : 5 years ago IST
Singapore, February 23 (ANI): S&P Global Ratings on Tuesday assigned BBB negative long-term issue rating to senior unsecured notes that Bharti Airtel Ltd proposes to issue.
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