New Delhi [India], July 3 (ANI): Consumer intelligence platform Affle India is acquiring 8 per cent stake in smartphone operating system firm Indus OS for about Rs 21 crore.
Singapore, July 3 (ANI): AM Best has downgraded the financial strength rating (FSR) to B-plus-plus (good) from A-minus (excellent) and the long-term issuer credit rating (ICR) to bbb-plus from a-minus of General Insurance Corporation of India (GIC Re).
Singapore, July 3 (ANI): Moody's Investors Service has rated Tata Consultancy Services (TCS), Infosys and Reliance Industries above the sovereign due to their strong financials and significant global earnings.
New Delhi [India], July 2 (ANI): The Delhi High Court has asked Delhi Police to file a reply on the petition seeking transfer of the case from EOW to CBI, alleging that the investigations have been compromised in collusion with the accused and Italian lawyer Stefano Bagianti, and the matter
Singapore, July 2 (ANI): India's non-bank financial institutions (NBFIs) will continue to face elevated near-term risks even as economic activity picks up with the easing of the country's nationwide lockdown, according to Fitch Ratings.
Singapore, June 30 (ANI): Funding diversity in Asia Pacific infrastructure sectors will be enhanced beyond historical levels after the coronavirus pandemic, according to Moody's Investors Service.
Singapore, June 29 (ANI): The ASEAN-5 economies -- Malaysia, the Philippines, Indonesia, Vietnam and Thailand -- have taken steps to mitigate the economic damage of the coronavirus outbreak but these will not offset the rising recessionary or credit risks for most sectors, Moody's Investors
Singapore, June 28 (ANI): The Singapore Tourism Board (STB) said on Sunday that tourism businesses in Singapore will be permitted to resume operations in a phased manner from July 1, beginning with 13 attractions, Xinhua news agency reported.
Singapore, June 27 (ANI): S&P Global Ratings has downgraded ratings on four Indian finance companies on weak economic conditions due to Covid-19 and affirmed ratings on two others.
Singapore, June 26 (ANI): S&P Global Ratings said on Friday that Indian economy is in deep trouble with growth expected to contract by 5 per cent in the current financial year 2020-21.
Singapore, June 26 (ANI): The average revenue growth for Asia Pacific telecom sector will be flat to low-single-digit this year (2019: 4 per cent) before recovering to pre-pandemic levels in 2021, according to Fitch Ratings.