New Delhi, Fitch Ratings on Friday revised its outlook on domestic steel major Tata Steel to negative due to uncertainty over the turnaround of the company's operations in the UK.However, expected strong growth in Tata Steel's India operations and potential earnings before interest, taxes...
Imphal, Naga People's Front (NPF) on Thursday met Chief Minister N. Affirmed its support for Biren Singh-led BJP government, refuted claims of withdrawal."Social media posts about NPF withdrawing support to the N. Biren Singh-led government are false. There is no truth in it," said Awangbau...
New Delhi, S&P Global Ratings on Wednesday revised the outlook of six Indian banks including SBI and ICICI Bank to positive from stable, reflecting rating action on the sovereign.S&P revised the rating outlook on state-owned NTPC, ONGC and Power Grid to positive from stable and affirmed 'BBB-'...
New Delhi, Fitch Ratings on Friday affirmed the ratings of the Export-Import Bank of India (Exim Bank) with a stable outlook, reflecting its high strategic importance to the state.EXIM's Long-Term Issuer Default Rating (IDR) and Outlook are at the same level as India's sovereign rating...
New Delhi, Fitch Ratings on Thursday affirmed the ratings of Axis Bank and ICIC Bank with stable outlook citing supportive operating environment and large domestic franchise.Fitch Ratings has maintained the long-term issuer default ratings (IDRs) of India-based Axis Bank and ICICI Bank at...
New Delhi, Fitch Ratings on Thursday affirmed the US$363 million senior secured notes of Hero Future Energy arm Clea Renewable Power (Mauritius) Pte Ltd at 'BB-' rating with a stable outlook.CRP is a financing vehicle incorporated in Mauritius and a wholly owned subsidiary of Hero Future...
New Delhi [India], Fitch Ratings affirmed the stable outlook for several major Indian banks including Canara Bank, State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB) and Union Bank of India. Is. The rating agency has affirmed various credit ratings for these...