Moody's downgrades Yes Bank's ratings with outlook negative, concl
Updated : 1 year, 9 months ago IST
Singapore, Aug 28 (ANI): Moody's Investors Service on Wednesday downgraded Yes Bank Ltd's long-term foreign-currency issuer rating to Ba3 from Ba1.
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Moody's changes outlook for Asian steel producers to negative on w
Updated : 1 year, 9 months ago IST
Singapore, Aug 28 (ANI): Rising input costs and inability to pass on higher costs to customers are pressuring the profitability of Asian steel producers, Moody's Investors Service said on Wednesday while revising its outlook for the sector to negative.
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Moody's cautious over Indian government measures to boost economy
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): Global financial consulting major Moody's said on Tuesday that recent measures announced by the Indian government to stimulate economy will provide some support to investor confidence, resulting in 6.4 per cent real GDP growth in the current fiscal
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Moody's lowers India's GDP growth forecast for 2019 to 6.2 pc from
Updated : 1 year, 10 months ago IST
Singapore, Aug 23 (ANI): Moody's Investors Service on Friday cut India's GDP growth forecast for the calendar year 2019 to 6.2 per cent from its previous estimate of 6.8 per cent.
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Fitch too downgrades Macrotech Developers to B minus, warns of mor
Updated : 1 year, 10 months ago IST
Singapore, Aug 16 (ANI): Fitch Ratings said on Friday it has downgraded leading real estate player Macrotech Developers Ltd (MDL) due to the concerns on liquidity management.
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Moody's downgrades Indiabulls Housing Finance ratings with negativ
Updated : 1 year, 10 months ago IST
Singapore, Aug 16 (ANI): Moody's Investors Service has downgraded Indiabulls Housing Finance's long-term corporate family rating to Ba2 from Ba1.
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Reliance's stake sales to Aramco and BP will reduce leverage, a cr
Updated : 1 year, 10 months ago IST
Singapore, Aug 14 (ANI): The proposed sale by Reliance Industries Limited (RIL) of a 20 per cent stake in its oil-to-chemicals (O2C) business to Saudi Arabian oil company Aramco will reduce RIL's debt leverage which is a credit positive, Moody's Investors Service said on Wednesday.
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Moody's downgrades Macrotech Developers to B3 with negative outloo
Updated : 1 year, 10 months ago IST
Singapore, Aug 2 (ANI): Moody's Investors Service on Friday downgraded the corporate family rating of Macrotech Developers Ltd (MDL) -- formerly known as Lodha Developers Limited -- to B3 from B2.
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Fed rate cut negative for bank profitability, can prompt further c
Updated : 1 year, 10 months ago IST
New York [USA], Aug 1 (ANI): The cut in US Fed funds rate is credit negative for American banks, applying renewed pressure on net interest margins (NIMs) and profitability that could stimulate further consolidation of the sector, Moody's Analytics said on Thursday.
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Digital technologies to reshape labour markets, industries and cre
Updated : 1 year, 10 months ago IST
New York [USA], July 28 (ANI): Advancing technologies have the potential to spur exponential growth in global economic well-being and prosperity, similar to the changes that the steam engine and electricity brought about, according to a new report by Moody's Investors Service.
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APSEZ announces expiration of cash tender offer for $650 million 3
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): Adani Ports and Special Economic Zone (APSEZ) Ltd has announced the expiration and results of its previously announced tender offer to purchase for cash its outstanding 650 million dollars 3.5 per cent senior notes due in 2020.
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DHFL's solvency stress is credit negative for Indian banks: Moody'
Updated : 1 year, 11 months ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
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