The credit ratings agency upgraded Piramal Finance to 'BB' from 'BB-’
Promoters, including Mehta and the financial institutions such as Indian Overseas Bank and Central Bank of India, have together invested around Rs 25-30 crore to capitalise Acer Credit, which will operate from Gurugram and Mumbai
India renews push for reform of global credit rating system to lower emerging markets’ financing costs
DCCDL office portfolio comprises approximately 36 million square feet spread across Gurugram, Chennai, Hyderabad and Chandigarh
Moody's cited potential governance weaknesses across Adani group firms and warned of operational disruptions that may affect capital spending plans while legal proceedings are going on.
The finance ministry supports small businesses to get loans at a more affordable rate amid bid to reduce their dependence on external credit ratings while borrowing funds.
Markets operate on the principles of logic, efficiency, and transparency. It is this that enables the trust of its participants and allows markets to function and grow
Vedanta Ltd said India Ratings and Research has downgraded its ratings for the long-term bank facilities and debt instruments.
Healthcare sector saw higher upgrades in the last 18 months helped by the rise in hospital bed occupancy and realisations
India's credit quality outlook remains positive with upgrades expected to outnumber downgrades for the rest of this fiscal
According to rating agencies, the upgrades were driven by expansion in cash flows to sectors linked to domestic demand and to those benefiting from high government spending.
The 1,000-point correction on the Sensex on July 2 seemed more of a knee-jerk reaction to a decline in credit rating for the US – from AAA to AA+ - that recreated a move made more than a decade back by S&P Global Ratings
Over time, a lower credit rating could raise borrowing costs for the US and here's all you need to know about the situation