Updated : 23 hours, 34 min ago IST
Singapore, June 2 (ANI): Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negati
Updated : 1 day, 5 hours ago IST
New Delhi [India], June 2 (ANI): Congress leader Rahul Gandhi on Monday took a jibe at Prime Minister Narendra Modi over Moody's Investors Service downgrading India's sovereign rating to the lowest investment rate and said that the global rating agency has rated his handling of the countr
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.
Updated : 2 days, 4 hours ago IST
Singapore, June 1 (ANI): The extension of a moratorium on loan repayments to their customers until September 1 is credit negative for the liquidity profile of non-bank financial institutions (NBFI), according to Moody's Investors Service.
Updated : 1 week, 2 days ago IST
Sydney [Australia], May 25 (ANI): Moody's Investors Service on Monday revised the outlook on Adani Abbot Point Terminal Pty Ltd's (AAPT) ratings to stable from positive and affirmed the Ba2 senior secured ratings.
Updated : 1 week, 6 days ago IST
Singapore, May 21 (ANI): Vedanta's open offer to acquire the remaining 49.9 per cent shareholding it does not own and to delist it from the Bombay Stock Exchange (BSE) is credit positive and a major step in the simplification of Vedanta's complex group structure, according to Moody's Investo
Updated : 2 weeks ago IST
Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
Updated : 2 weeks, 1 day 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.
Updated : 2 weeks, 5 days 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.
Updated : 3 weeks, 5 days ago IST
Hong Kong, May 8 (ANI): Moody's Investors Service said on Friday that an upgrade of its India's rating at Baa2 negative is unlikely in the near term due to economic shock triggered by coronavirus outbreak, weak policy implementation and high debt levels.
Updated : 4 weeks ago IST
New Delhi [India], May 6 (ANI): The government's increase in petrol and diesel taxes by 21 dollars a barrel and 27 dollars a barrel will result in tax collection increasing by about 21 billion dollars if the tax hike is maintained for a full year, Moody's Investors Service said on Wednesd
Updated : 1 month ago IST
Singapore, April 30 (ANI): Moody's Investors Service on Thursday assigned a definitive Baa3 senior secured rating to the 10-year one billion dollars senior secured bullet bonds issued by Adani Electricity Mumbai Ltd (AEML).