Singapore, Sept 1 (ANI): Moody's Investors Service has assigned a provisional Baa1 senior unsecured rating to the proposed two billion dollars (about Rs 14,400 crore) medium-term note (MTN) programme established by Oil and Natural Gas Corporation (ONGC) and its subsidiary ONGC Videsh Limi
Mumbai (Maharashtra) [India], Aug 31 (ANI): India Ratings and Research (Ind-Ra) on Saturday downgraded Yes Bank Ltd's long-term issuer rating to IND A plus from IND AA minus with negative outlook.
New Delhi [India], Aug 31 (ANI): The consolidation of 10 public sectors banks announced by the government is credit positive but there will not be any immediate improvement in their credit metrics as all of them have relatively weak solvency profiles, global rating agency Moody's has said.
New Delhi [India], Aug 30 (ANI): ICRA Ltd has ousted its Managing Director and Group Chief Executive Officer Naresh Takkar, nearly three months after the Securities and Exchange Board of India (SEBI) received an anonymous complaint alleging misconduct at the credit rating agency under him.
Mumbai (Maharashtra) [India], Aug 29 (ANI): India Ratings and Research (Ind-Ra) has revised pharmaceutical and biotechnology major Wockhardt's short-term bank facilities and commercial paper to IND A4 plus from IND A3 and for long-term loan facilities rating to IND BB plus/negative from IND
Mumbai (Maharashtra) [India], Aug 28 (ANI): CARE Ratings has downgraded credit rating on Coffee Day Global's long-term bank facilities to BBB from A and continued on credit watch with negative implications.
New Delhi [India], Aug 28 (ANI): India Ratings and Research (Ind-Ra) on Wednesday revised India's gross domestic product (GDP) growth in current financial year downwards to 6.7 per cent -- marking a six-year low -- from its earlier forecast of 7.3 per cent.
Mumbai (Maharashtra) [India], Aug 28 (ANI): Global rating agency S&P has placed IDBI Bank on credit watch, citing uncertainty over its ability to meet capital requirements over the next few months.
Mumbai (Maharashtra) [India], Aug 28 (ANI): Rating agency ICRA has withdrawn the rating for MEP Infrastructure Developers' bank limit of Rs 50 crore due to slower than anticipated progress in six under-construction hybrid annuity mode (HAM) road portfolio.
Moradabad (Uttar Pradesh) [India], Aug 28 (ANI): Two male surveyors were arrested by the Railway Police at Moradabad Railway Station here for allegedly demanding a bribe of Rs 20,000 from a rail staff in exchange for giving the station a good rank.
Mumbai (Maharashtra) [India], Aug 24 (ANI): India Ratings and Research (Ind-Ra) has downgraded ratings of Macrotech Developers Ltd (MDL) debt instruments to Ind BBB minus from Ind BBB plus and maintained the outlook as rating watch negative.