Updated : 7 months ago IST
New Delhi [India], November 19 (ANI): Moody's on Thursday raised India's gross domestic product (GDP) forecast for 2020 to 10.6 per cent contraction, from an 11.5 per cent contraction projected earlier. It also revised calendar year 2021's GDP upwards to 10.8 per cent compared to the earlier
Updated : 7 months, 1 week ago IST
New Delhi [India], November 12 (ANI): Moody's on Thursday raised India's GDP forecast for the calendar year 2020 upwards to -8.9 per cent contraction from -9.6 per cent contraction forecast earlier. Similarly, India's GDP forecast for the calendar year 2021 has been revised upwards to 8.6
Updated : 8 months, 2 weeks ago IST
Singapore, October 5 (ANI): Moody's Investors Service on Monday assigned a Ba2 rating to the proposed senior unsecured notes to be issued by Periama Holdings LLC, a wholly-owned indirect subsidiary of JSW Steel Ltd.
Singapore, October 5 (ANI): The recently-announced 25 per cent reduction in domestic natural gas prices to 1.79 dollars per million British thermal units (MMBtu) from 2.39 dollars per MMBtu on a gross calorific value basis is credit negative for upstream companies like Oil and Natural Gas Co
Updated : 9 months, 1 week ago IST
Hong Kong, Sep 14 (ANI): Moody's Investors Service has affirmed Bharti Airtel Ltd's Ba1 corporate family rating and senior unsecured rating as well as the backed senior unsecured notes issued by its subsidiary Bharti Airtel International (Netherlands) BV.
Singapore, September 14 (ANI): Moody's Investors Service said on Monday that Reliance Industries Ltd's (RIL's) divestment of 1.75 per cent stake in its retail arm to private equity firm Silver Lake Partners for Rs 7,500 crore is credit positive as it will enable the Indian conglomerate to co
Singapore, Sep 11 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24 per cent in the current financial year, global rating agency Moody's said on Friday.
Updated : 9 months, 2 weeks ago IST
New York [USA], Sep 7 (ANI): The continued rise in new infection rates across parts of Europe and Asia highlights the risk of a second wave of infections which could lead to renewed closures and a sustained pullback in consumption, Moody's Investors Service has said.
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
Singapore, September 3 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 24 rated mining and mining services companies in the Asia Pacific will decline around 10 per cent to 53 billion dollars in 2020 from 59 billion dollars in 2019, Moody's Inv
Updated : 9 months, 4 weeks ago IST
Singapore, Aug 26 (ANI): Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings of State Bank of India (SBI) at Baa3.
Singapore, Aug 25 (ANI): Some member states of the Association of Southeast Asian Nations (ASEAN) will stand to benefit from supply chain shifts as countries reconfigure trade relationships following the COVID-19 crisis, Moody's Investors Service said on Tuesday.