Mar 07, 2017 at 21:00 | Source: PTI
Domestic rating agency Icra today downgraded various debt instruments of Central Bank of India due to the continued losses it has incurred in the first nine month of the financial year 2016-17.
Feb 28, 2017 at 15:28 | Source: PTI
The rating agency has downgraded the long-term rating assigned to the Rs 10,000 crore long-term bank borrowings, the Rs 8,000 crore long-term bond programme and the Rs 2,000 crore NCD programme of IFCI from A+ to A.
Feb 24, 2017 at 18:48 | Source: PTI
Rating agency Icra on Friday downgraded various debt instruments of IDBI Bank owing to a significant erosion of it's common equity tier I (CET 1), following weak financial performance of the bank in the quarter ended December.
Feb 17, 2017 at 14:20 | Source: Reuters
S&P Global Inc said in a report that it could cut its rating of Toshiba Corp credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down 9 percent.
Feb 15, 2017 at 09:15 | Source: Moneycontrol.com
Adani Ports, ITC, Infosys, Larsen & Toubro, ONGC, Tech Mahindra and Grasim were early gainers while Tata Motors tanked 7.5 percent after CLSA downgraded the stock to sell from buy due to weak earnings.
Feb 14, 2017 at 15:22 | Source: PTI
"S&P Global Ratings today lowered its long-term foreign currency issuer credit rating on IDBI Bank to 'BB' from 'BB+' because we expect the bank's asset quality to remain very weak over the next 12 months," said S&P Global Ratings credit analyst Nikita Anand in a note.
Feb 14, 2017 at 10:00 | Source: CNBC-TV18
CLSA has downgraded HPCL to sell from outperform, with increased target price at Rs 540 from Rs 480 and EPS for FY17 by 8 percent & by 1-2 percent for FY18-19. Core refining margin was disappointing for third straight quarter, the brokerage house says, adding it relaxed EV/EBITDA multiple to 7.5x from 7x earlier.
Feb 13, 2017 at 16:52 | Source: PTI
Brussels, Feb 13 (AP) The European Union is downgradingits forecasts for the British economy in the wake of theBrexit vote but paints a more optimistic picture for the blocas a whole.
Feb 11, 2017 at 12:24 | Source: Moneycontrol.com
Usha Martin has informed that Credit Analysis and Research Limited (
Feb 07, 2017 at 09:51 | Source: CNBC-TV18
The ongoing stock market rally is driven by fund flows but has little support from fundamentals, Pramod Gubbi, Head of Equities at Ambit Capital, told CNBC-TV18 Tuesday.