Moody's downgrade Central Bank, IOB on low govt funding
Rating agency Moody's Tuesday downgraded state-run lenders Central Bank of India and Indian Overseas Bank's local and foreign currency deposit ratings, anticipating low level of support from the government to these banks.
Mar 03, 2015, 17:51 PM IST
SpiceJet issue, safety downgrade marred civil aviation sector
SpiceJet's near-shutdown and the downgrade of India's safety ranking marred the civil aviation sector in 2014 which also saw a new airline taking to the sky and another one readying itself to do so early next year.
Dec 29, 2014, 10:25 AM IST
