Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
Mumbai (Maharashtra) [India], Mar 2 (ANI): The credit profiles of corporates are likely to remain under pressure as the economy grapples with a synchronised and prolonged economic slowdown, India Ratings and Research (Ind-Ra) said on Monday.
New York [USA], Feb 27 (ANI): The novel coronavirus has led to postponements or cancellations of various sports events, primarily in the Asia Pacific which will put pressure on affected stadiums' revenues, according to Fitch Ratings.
Mumbai (Maharashtra) [India], Feb 26 (ANI): Fitch Ratings has revised the outlook on JSW Steel's (JSWS) long-term issuer default rating (IDR) to negative from stable and affirmed the IDR at BB.
Mumbai (Maharashtra) [India], Feb 25 (ANI): Pharmaceutical and biotechnology major Wockhardt said on Tuesday that India Ratings and Research (Ind-Ra) has placed its long-term issuer rating of BB plus on rating watch evolving (RWE) with a negative outlook.
New Delhi [India] Feb 20 (ANI/NewsVoir): TO THE NEW, a leading digital technology company has been positioned in the "Leadership Zone'' under Small & Medium Service Providers by Zinnov Zones ER&D Ratings 2019.
Mumbai (Maharashtra) [India], Feb 19 (ANI): India Ratings and Research (Ind-Ra) has revised the textile sector's outlook to negative for FY21 from stable as weak domestic demand growth, threat of cheap imports and dwindling incentives and exports are likely to keep volumes muted.
Mumbai (Maharashtra) [India], Feb 19 (ANI): Slowing GDP growth and weak consumer sentiment in India will continue to weigh on auto sales despite some improvement in the quarter ended December 2019, according to Fitch Ratings.
Mumbai (Maharashtra) [India], Feb 18 (ANI): India Ratings and Research (Ind-Ra) on Tuesday downgraded Vodafone Idea's long-term issuer rating to B from BBB minus while maintaining it on rating watch negative (RWN).
Mumbai (Maharashtra) [India], Feb 13 (ANI): The share price of CARE Ratings plunged by over 8 per cent on Thursday afternoon after the agency said its Chairman S B Mainak has resigned after stock market regulator Securities and Exchange Board of India (SEBI) reportedly asked for his removal.