Mumbai (Maharashtra) [India], July 30 (ANI): India's exports languishing for quite some time can take advantage of the favourable trade growth outlook of 2021 and consolidate position further than what has been witnessed in 1Q FY22, India Ratings and Research (Ind-Ra) has said.
Mumbai (Maharashtra) [India], July 30 (ANI): The proposed transfer of Jubilant Pharma Ltd's (JPL's) active pharmaceutical ingredients (API) business to its parent Jubilant Pharmova Ltd (JPHL) will not affect JPL's ratings, says Fitch Ratings.
Mumbai (Maharashtra) [India], July 30 (ANI): Crisil Ratings has upgraded rating on non-convertible debentures of Hindalco Industries Ltd to AA-plus with a stable outlook from AA with a positive outlook.
Mumbai (Maharashtra) [India], July 28 (ANI): Revenue growth of fast-moving consumer goods (FMCG) sector will double from 5 to 6 per cent last fiscal to 10 to 12 per cent in the current one, Crisil Ratings has said.
Hong Kong, July 27 (ANI): Fitch Ratings has assigned India Cleantech Energy Ltd's (ICEL's) proposed US dollar senior secured notes due 2026 an expected rating of BB-minus.
Singapore, July 26 (ANI): S&P Global Ratings has assigned BBB-minus long-term issue rating to Adani Ports and Special Economic Zone Ltd's (APSEZ's) proposed USD 750 million (about Rs 5,550 crore) senior unsecured notes.
Hong Kong, July 26 (ANI): Pandemic-induced fiscal responses and economic contractions have led to a sharp rise in public debt among rated sovereigns in the Asia Pacific (APAC) region but there is significant variation between individual sovereigns' performance, according to Fitch Ratings.
Singapore, July 26 (ANI): Jubilant Pharma Ltd (JPL) will continue to maintain good rating headroom as the impact of a recent US Food and Drug Administration import alert for its generic formulations plant in India will be limited, Fitch Ratings has said.
Mumbai (Maharashtra) [India], July 8 (ANI): Tractor sales volumes are expected to grow in low mid-single digits of 3 to 6 per cent year-on-year in FY22, mainly on a higher base following 27 per cent growth witnessed in FY21, India Ratings and Research (Ind-Ra) said on Thursday.
Singapore, July 8 (ANI): Fitch Ratings has assigned a stable outlook to ReNew RG II's USD525 million senior secured notes due in 2024 and affirmed the rating at BB.
Mumbai (Maharashtra) [India], July 8 (ANI): The 100 billion dollar information technology (IT) services sector will stage a strong recovery this fiscal with revenue growth of 10 to 11 per cent, according to Crisil Ratings.