Ratings Upgrade

Fitch said the rating outlook upgrade on Adani group firms reflects reduced contagion risk and continued access to diversified funding sources despite a US indictment in November 2024, and owing to the SEBI clearance following the Hindenburg report.

Ambuja Cements surges 3% after Nomura's double upgrade to 'buy'

Nomura cited Ambuja's aggressive capacity expansion, industry leading volume growth and value accretive acquisitions as the drivers behind the upgrade.

JPMorgan 'neutral' on IT, upgrades Infosys, TCS, HCLTech, others on rate pivot, base effect

The IT sectors has been an underperformer in the bull run seen in the market in 2023, largely dragged by a weak macro environment due to prolonger deal conversions as business ramped down on IT spending.

India pitches for ratings upgrade with Fitch

India pitched for a ratings upgrade with global agency Fitch Ratings citing improvement in macroeconomic conditions and the government's commitment to fiscal consolidation

ICRA ratings upgrade will help reduce interest burden: Escorts

Following the rating upgrade on short term credit as well, the company plans to launch a commercial paper shortly, says Bharat Madan, Group Financial Controller of Escorts

In search of an S&P upgrade, India got a shock

S&P credit analyst Takahira Ogawa listened politely as officials at India's finance ministry made an hour-long pitch for a ratings upgrade, but evidently he left unconvinced.