Search For "weakening"
S&P downgrades four Indian NBFCs on weakening economic conditions
Updated : 5 years, 9 months ago IST
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.
Read More
Sushil Kumar Modi slams RJD for criticising govt on COVID situation
Updated : 5 years, 9 months ago IST
Patna (Bihar) [India], June 23 (ANI): Bihar Deputy Chief Minister Sushil Kumar Modi on Tuesday slammed Rashtriya Janata Dal (RJD), supremo, Lalu Prasad Yadav and his party for criticising government's relief work amid COVID-19 crisis and said that due to these politics five MLCs have part
Read More
Moody's downgrades Hyderabad Airport's rating to Ba2, confirms Delhi Airpo
Updated : 5 years, 9 months ago IST
Singapore, June 13 (ANI): Moody's Investors Service has downgraded GMR Hyderabad International Airport Ltd's (HIAL's) corporate family rating to Ba2 from Ba1 and confirmed Delhi International Airport Ltd's (DIAL's) Ba3 corporate family rating and senior secured ratings.
Read More
Effect of coronavirus measures to leave 'lasting scars' on global economy:
Updated : 5 years, 9 months ago IST
Washington DC [USA], June 3 (Sputnik/ANI): The effects of the measures imposed to fight the novel coronavirus will leave a lasting effect on the world economy, weakening investment, innovation, employment, education, trade, supply chains and consumption, the World Bank said in an analysis on
Read More
Moody's downgrades India's ratings to Baa3, maintains negative outlook
Updated : 5 years, 9 months ago IST
New York, June 2 (ANI): Moody's Investors Service has downgraded India's foreign-currency and local-currency long-term issuer ratings to Baa3 from Baa2 and local-currency senior unsecured rating to Baa3 from Baa2.
Read More
NBFIs face rising liquidity stress with risks looming for broader financia
Updated : 5 years, 10 months ago IST
Singapore, May 19 (ANI): Disruptions from the coronavirus outbreak will worsen economic slowdown in India that has been underway in the past year, accelerating the deterioration in asset quality at non-bank financial institutions (NBFIs), Moody's Investors Service said on Tuesday.
Read More
Moody's outlook for Indian power sector turns negative amid COVID-induced
Updated : 5 years, 10 months ago IST
Singapore, May 15 (ANI): Moody's Investors Service has changed its outlook for the Indian power sector to negative from stable on declining power demand, payment delays and an adverse impact from government measures that favour consumers over utility companies.
Read More
Impact of COVID-19 intensifies slump in Asia Pacific air passenger demand
Updated : 5 years, 11 months ago IST
Kuala Lumpur [Malaysia], April 29 (ANI): Asia Pacific airlines carried a combined total of only 8.8 million international passengers in March, representing a steep 72.9 per cent decline compared to the same month last year, traffic figures released on Wednesday showed.
Read More
ADB assures $2.2 billion support package to India for battling COVID-19
Updated : 5 years, 11 months ago IST
Manila [The Philippines], April 10 (ANI): Asian Development Bank (ADB) President Masatsugu Asakawa on Friday assured Finance Minister Nirmala Sitharaman of 2.2 billion dollars (about Rs 16,820 crore) support to India in its fight against novel coronavirus disease (COVID-19) pandemic.
Read More
Ind-Ra revises energy infrastructure sector FY21 outlook to negative
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 10 (ANI): India Ratings and Research (Ind-Ra) has revised its outlook for energy infrastructure companies to negative from stable for FY21 as the COVID-19-driven lockdown is likely to affect liquidity level in all companies across the power sector value ch
Read More
ICRA downgrades NCDs, bonds of PNB Housing Finance
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 4 (ANI): PNB Housing Finance Ltd said on Saturday that investment information firm ICRA has downgraded the rating of its non-convertible debentures and tier two bonds worth Rs 1,675 crore to AA negative from AA-plus negative.
Read More
Crisil revises Vedanta rating outlook to negative, ratings reaffirmed
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 4 (ANI): Crisil has revised its rating outlook on non-convertible debentures and long-term bank facilities totalling Rs 40,302 crore of Vedanta Ltd to negative from stable while reaffirming the rating at AA.
Read More