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S&P affirms Power Grid's BBB-minus rating with stable outlook
Updated : 5 years, 1 month ago IST
Singapore, Feb 11 (ANI): S&P Global Ratings has affirmed BBB-minus long-term issuer credit rating on Power Grid Corporation, the largest power transmission company in India which manages about 85 per cent of the country's inter-state transmission system.
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Passenger vehicle sales up 11 pc in January: SIAM
Updated : 5 years, 1 month ago IST
New Delhi [India], February 11 (ANI): Passenger vehicle sales rose by 11 per cent to 2.76 lakh units in January from 2.48 lakh units in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
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Credit impact of Indian Budget hinges on growth outlook: Fitch
Updated : 5 years, 1 month ago IST
Hong Kong, February 11 (ANI): India's Budget presented by the government on February 1 points to a loosening of fiscal policy to support the country's ongoing economic recovery from the pandemic and will consequently lead to a rise in public debt, Fitch Ratings said on Thursday.
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Budget proposals positive for India's insurance industry: Fitch
Updated : 5 years, 1 month ago IST
Colombo [Sri Lanka], Feb 10 (ANI): India's 2021-2022 Budget has proposed relaxing foreign-ownership caps on insurers and listing the country's largest state-owned insurer, measures that Fitch Ratings says will help the industry attract foreign capital, strengthen solvency and promote competi
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Profits, credit quality of companies in India recovering about six months
Updated : 5 years, 1 month ago IST
Singapore, Feb 10 (ANI): Profits and credit quality of companies rated by S&P Global Ratings in India, China and Pacific are recovering about six months faster than the agency anticipated with reducing downside risk to ratings.
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Vakrangee Limited Included in S&P Global Sustainability Yearbook 2021
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 9 (ANI/PRNewswire): Vakrangee Limited is pleased to share that we are honoured to be part of this year's S&P Global Sustainability Yearbook 2021 for the first time. Vakrangee has earned a spot in the yearbook and has score (S&P Global Scores) wi
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Capital support for Indian govt banks to determine loan growth: Fitch
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra), Feb 8 (ANI): Indian state-owned banks will be forced to continue on a path of risk aversion and soft loan growth without adequate capital support from the state, according to Fitch Ratings.
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Priyanka Chaturvedi gives suspension of business notice in Rajya Sabha to
Updated : 5 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Shiv Sena Member of Parliament (MP) Priyanka Chaturvedi gave suspension of business notice under Rule 267 in Rajya Sabha to discuss an urgent issue that came up during the investigation of the Television Rating Point (TRP) scam on Monday.
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Rise in sovereign debt to end in 2023: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Reflecting increased public spending to deal with the Covid-19 crisis, S&P Global Ratings has projected that median general government debt for all rated 135 sovereigns will rise by end-2021 to a record 62.6 per cent of GDP.
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Jio, Bharti continue to grow on higher tariff, more subscribers: Fitch
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Fitch Ratings on Friday forecast the Indian telecom industry's mobile segment EBITDA to increase by at least 40 per cent in the financial year to end-March 2021 (FY21) compared with 25 per cent in FY20 following strong performances by market leader Reliance Ji
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Asian demand missing from global recovery: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 4 (ANI): Asia Pacific is managing the pandemic well but the health and economic effects have been far tamer in the region than elsewhere in the world, S&P Global Ratings said on Thursday.
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Fitch rates IRFC's proposed USD notes as BBB-minus
Updated : 5 years, 1 month ago IST
Hong Kong, February 3 (ANI): Fitch on Wednesday assigned Indian Railway Finance Corporation Ltd's (IRFC's) proposed US dollar Regulation S/144A senior unsecured notes a rating of BBB-minus.
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