Mumbai (Maharashtra) [India], June 29 (ANI): Investment information company ICRA has downgraded credit ratings of government-owned specialised financial institution IFCI Limited from BBB+ to BBB with a negative outlook.
Mumbai (Maharashtra) [India], June 26 (ANI): Investment information agency ICRA has cut ratings for Piramal Capital and Housing Finance Ltd's (PCHFL) bonds, term loans and debentures from AA+ to AA on rising challenge to raise money in the risk-averse environment.
New York [USA], June 23 (ANI): Threats to global growth outlook from protectionism have become much more significant in recent months which raise the possibility of disruptions to trade and investments, according to Fitch Ratings Inc.
Singapore, June 21 (ANI): Moody's Investors Service on Friday assigned a Baa3 rating to the proposed senior unsecured bonds of Adani Ports and Special Economic Zone (APSEZ).
Singapore, June 21 (ANI): Moody's Investors Service has downgraded Tata Motors Ltd's (TML) corporate family rating and the company's senior unsecured instruments rating to Ba3 from Ba2.
Mumbai (Maharashtra) [India], June 19 (ANI): India Ratings and Research (Ind-Ra) has downgraded Jain Irrigation Systems Limited's (JISL) long-term issuer rating to 'IND BBB' from 'IND A-' while placing it on rating watch negative.
London [Britain], June 18 (ANI): Global rating agency Fitch Ratings has cut forecast for India's gross domestic product (GDP) growth to 6.6 per cent for the current fiscal 2019-20, from 6.8 per cent projected three months ago, largely due to persistent slowdown in manufacturing and agricultu
New Delhi [India], June 16 (ANI): Though macro fundamentals of the Indian economy have taken an unfavourable turn in the past few quarters, the continuity of National Democratic Alliance (NDA) led by Prime Minister Narendra Modi after the general elections augers well for key sectors of the
New Delhi [India], June 14 (ANI): India Ratings and Research (Ind-Ra) said on Friday that a key driver of lower wholesale inflation has been manufactured products where inflation declined to 1.28 per cent in May compared to 1.72 per cent in April.
Mumbai (Maharashtra) [India], June 14 (ANI): Market regulator Securities and Exchange Board of India (SEBI) has tightened rating guidelines, including probability of default benchmarks, to strengthen disclosures made by credit rating agencies and uplift standards.
New Delhi [India], June 13 (ANI): Financial results released by 642 companies in the corporate sector shows revenue growth in fourth quarter (January to March) of 2018-19 hit a six-quarter low at 10 per cent, investment information and credit rating agency ICRA said on Thursday.