Search For "fitch ratings"
Indian cement makers' price hikes to support margins: Fitch
Updated : 15 hours, 41 min ago IST
Mumbai (Maharashtra) [India], May 18 (ANI): The recent price increases by Indian cement companies will counter higher energy costs while the impact on profitability from a resurgence of coronavirus is likely to be limited, Fitch Ratings said on Tuesday.
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India's investment-grade rating remains under strain: Fitch
Updated : 3 days, 18 hours ago IST
London [UK], May 15 (ANI): Downside pressures on India's creditworthiness remain prominent and the ongoing health crisis will depress economic activity in the near term, Fitch Ratings has said.
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UK hospitality to face staff shortages, margin pressures: Fitch
Updated : 4 days, 18 hours ago IST
London [UK], May 14 (ANI): The UK hospitality sector is facing staff shortages as the pandemic restrictions are gradually lifted and demand returns, Fitch Ratings has said.
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Global airport traffic rebounds but full recovery years away: Fitc
Updated : 5 days, 17 hours ago IST
New York [USA], May 13 (ANI): Airport traffic is rebounding off of pandemic troughs in most countries though Fitch Ratings' latest quarterly Global Airport Tracker report says the proverbial runway to normal will not be in sight for years.
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Indian IT services to expand strongly defying pandemic: Fitch
Updated : 6 days, 20 hours ago IST
Singapore, May 12 (ANI): A robust digital-transformation order pipeline will support Indian IT services companies' stronger revenue growth in the financial year ending March 2022 (FY22), according to Fitch Ratings.
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RBI's relief to postpone financial stress from Covid-19 surge: Fit
Updated : 1 week, 1 day ago IST
Singapore, May 10 (ANI): There are growing indications that India's latest wave of Covid-19 infections will add to risks among financial institutions (FIs) by sapping near-term momentum from the economic recovery, according to Fitch Ratings.
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Moody's, Fitch assign stable outlook to JSW Hydro's proposed senio
Updated : 1 week, 5 days ago IST
Singapore, May 6 (ANI): Moody's Investors Service has assigned a provisional Ba1 rating to the proposed 10-year USD senior secured notes to be issued by JSW Hydro Energy Ltd.
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A-Pac growth outlooks diverge amid recovery from pandemic shock
Updated : 2 weeks, 1 day ago IST
Hong Kong, May 3 (ANI): Asia Pacific economies are recovering from the initial shock of the Covid-19 pandemic but intra-regional disparities in the magnitude of shock and durability of growth outlooks are increasingly evident, Fitch Ratings has said.
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Fitch downgrades Future Retail to restricted default on DDE
Updated : 2 weeks, 3 days ago IST
Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
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Fitch affirms India at BBB-minus, Covid not to derail economic rec
Updated : 3 weeks, 4 days ago IST
Hong Kong, April 23 (ANI): Fitch Ratings has affirmed India's long-term foreign-currency issuer default rating (IDR) at BBB-minus and said the surging second wave of Covid-19 might delay GDP recovery but will not derail the economy.
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Fitch removes positive outlook on Future Retail
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C' while revising the recovery rating to 'RR5' from 'RR4'.
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Currency frictions pose limited macro risk for Asian sovereigns: F
Updated : 1 month ago IST
Hong Kong, April 16 (ANI): Fitch Ratings has said it expects the Biden administration to downplay tensions over exchange-rate policies with trade partners in Asia due in part to geopolitical considerations even though some are on or at risk of being placed on the US Treasury's currency ma
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