Updated : 6 months ago IST
New York [USA], Jan 9 (ANI): Global energy companies face increasingly tight access to capital in 2020, weakening their liquidity, increasing their cost of capital and intensifying default risk for companies with looming maturities, according to Moody's Investors Service.
Updated : 6 months, 1 week ago IST
New York [USA], Jan 6 (ANI): The recent US drone strikes in Iraq that killed Iranian Maj Gen Qassim Suleimani and Iraqi Popular Mobilisation Forces Deputy Head Abu Mahdi al-Muhandis among other Iranian and Iraqi officials mark a significant escalation of tensions, according to Moody's Inv
Updated : 7 months ago IST
Singapore, Dec 16 (ANI): India's weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors, Moody's Investors Service said on Monday.
Updated : 7 months, 1 week ago IST
Singapore, Dec 5 (ANI): Moody's Investors Service on Thursday downgraded Yes Bank's long-term foreign currency issuer rating to B2 from Ba3.
New Delhi [India], Dec 4 (ANI): Rating agency Standard & Poor's has reaffirmed India's sovereign credit rating at BBB minus with stable outlook and expects its economy to grow strongly over the next two years.
Singapore, Dec 3 (ANI): Moody's Investors Service on Tuesday said that its 2020 outlook for the Asian steel sector is negative, reflecting weakening profitability for rated steelmakers amid softening demand, declining steel prices and elevated iron ore prices which is a key input in finished
Updated : 7 months, 2 weeks ago IST
London [Britain], Nov 27 (ANI): Indian states face difficulties in reducing deficits, challenging the country's ability to meet medium-term fiscal consolidation goals as economic growth slows, Moody's Investors Service said in a new report released on Wednesday.
Hong Kong, Nov 26 (ANI): Moody's Investors Service said in a new report on Tuesday that slowing economic growth and continued trade tensions will keep credit conditions negative for non-financial companies in Asia (ex-Japan) in 2020, although the impact will vary by country and sector.
Updated : 7 months, 3 weeks ago IST
Singapore, Nov 25 (ANI): Tata Steel's planned cost rationalisation programme for its wholly-owned subsidiary Tata Steel UK Holdings (TSUKH) is credit positive for both companies because it will support a turnaround in the latter's less profitable operations that have dragged on Tata Steel's
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
Singapore, Nov 20 (ANI): Moody's Investors Service on Wednesday assigned a Baa1 rating with a negative outlook to the proposed senior unsecured notes to be issued by Oil and Natural Gas Corporation Ltd (ONGC) under its two billion dollars medium-term note programme.
Updated : 8 months ago IST
Singapore, Nov 14 (ANI): Moody's Investors Service on Thursday affirmed Reliance Industries Ltd's (RIL's) Baa2 domestic long-term issuer rating and foreign currency senior unsecured rating.