Aaa

Expect good festive demand to drive growth: MMFSL

In an interview to CNBC-TV18, Ramesh Iyer, Vice Chairman & MD, M&M Financial Services spoke about the results and his outlook for the company.

See topline grow 10-15%, margins at 10% for FY15: Eveready

The small cap company is expecting its sales growth to increase to 13-15 percent in H2 FY15. ED Amritanshu Khaitan believes the growth is stable in battery segment with the AAA segment growing at 15-20 percent.

Fitch warns it may cut US credit rating from AAA

Fitch is the only one of the three major credit rating agencies to have a negative outlook on the US sovereign credit. Standard & Poor's downgraded the rating to AA-plus in August of 2011 during the last debt ceiling impasse.

Low bond yields luring global central banks into equities

Low returns on top-rated government bonds are leading central banks to take on more risk in their reserve portfolios, with almost two-thirds more inclined to invest in equities compared with a year ago, a survey showed on Monday.

Sebi allows FIIs to use govt, corporate bonds as collateral

In a move that would help boost flow of overseas funds into Indian capital markets, regulator Sebi today allowed FIIs to offer government securities and corporate bonds as collaterals for their cash and derivative transactions on the stock exchanges.

Hold IIFCL tax free bonds till maturity: ICICIdirect.com

ICICIdirect.com has come out with its report on IIFCL Tax Free Bond. According to the research firm, IIFCL is raising money through tax free bonds for the first time. The company also provides option for 20 years, which was not available in previous issues. The bond is ideal for holding till its maturity says ICICIdirect.com.

Fitch affirms France 'AAA', says no room for slippage

Fitch Ratings stuck by its triple-A rating on France in a much-awaited review on Friday but predicted a peak in debt in 2014 at a level that it said was the maximum for a country with a top-notch credit grade.

Germany may lose Aaa tag; Moody's lowers outlook

Moody's has revised credit outlook of Germany to negative, raising the possibility of the economic major losing its coveted 'Aaa' rating amid worsening European debt turmoil.

In 2011, politics, policy loomed large over markets

For anyone who makes money by making sense of financial markets, 2011 was a confounding year.

Fitch again warns US debt burden threatens AAA rating

Fitch Ratings on Wednesday warned again that the United States' rising debt burden was not consistent with maintaining the country's top AAA credit rating, but said there would likely be no decision on whether to cut the rating before 2013.

US debt panel to admit defeat on Monday

A congressional "super committee" is expected to formally announce on Monday that its three-month-long effort to forge a USD1.2 trillion deficit reduction plan has failed, aides told Reuters.

CRISIL to come up with credit indices to track bond market

Equities research and rating agency CRISIL will soon come up with credit indices that will track differently rated long-term and short-term bonds and is likely to facilitate penetration of corporate bond market in the country.

Fitch affirms US at AAA, outlook stable

Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's little more than a week ago.

China calls on US, EU to address fiscal deficit

Expressing concern over downgrading of America's credit rating, China the largest holder of its debt has asked US and EU to take concrete fiscal and monetary steps and check fiscal deficits to resolve debt problems to maintain global investors' confidence.

S&P in the dock: Are US government charges unfair?

They didn't just shoot the messenger, they tried to riddle the messenger with bullets. The Treasury and the White House over the weekend did everything they could to attack the credibility and integrity of Standard & Poor's.

G7 may meet as euro zone crisis threatens

In a sign of how concerned world leaders are about a slide in stocks that wiped about USD 2.5 trillion off global markets this week, Italian Prime Minister Silvio Berlusconi said finance ministers from the Group of Seven nations would meet in "just a few days" to seek a common plan of action.

Fitch affirms top grade on RIL's long-term national rating

Fitch on Tuesday affirmed highest grade to Mukesh Ambani-led Reliance Industries Ltd's long-term national rating on the back of the company's strong profile in the oil and gas segments.