Updated : 2 months, 3 weeks 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
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.
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 months, 4 weeks 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 months 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 : 3 months, 1 week 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
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).
New York [USA], April 30 (ANI): Moody's Investors Service has lowered its 2020-21 real GDP forecasts for all G-20 economies on the ground that economic costs of coronavirus crisis amid the near shutdown of the global economy are accumulating rapidly.
Updated : 3 months, 3 weeks ago IST
Singapore, April 22 (ANI): Asia's policy response will cushion but not fully offset the economic and financial fallout from the coronavirus outbreak despite governments across the region being swift in putting in place policies to support businesses and workers, according to Moody's Investor
Singapore, April 16 (ANI): Moody's Investors Service has placed under review for downgrade Tata Steel Ltd's Ba2 corporate family rating (CFR).
Updated : 3 months, 4 weeks ago IST
Singapore, April 14 (ANI): Moody's Investors Service on Tuesday placed under review for downgrade JSW Steel's Ba2 corporate family rating and the Ba2 senior unsecured rating.
Singapore, April 14 (ANI): Moody's Investors Service has taken rating actions on three Indian non-banking financial companies (NBFCs).