Moody's made a big claim regarding Adani Group
Moody's rating agency has made a big claim regarding Adani Group. The agency said that it would be extremely difficult for the Adani Group to raise funds. Gautam Adani has now slipped even below the 15th position. He has reached the 21st position in the list of the world's richest person.
Feb 03, 2023, 16:40 PM IST
PSBs to need capital up to Rs 2.1 trillion over next 2 years; govt support to continue: Moody's
According to Moody's, the sharp slowdown in India's economic growth, exacerbated by the virus outbreak, will hurt the asset quality of public sector banks (PSBs) and drive up credit costs.
Aug 21, 2020, 13:41 PM IST
Rs 70K crore PSB infusion to push loan growth by 15%: Moody's
Announcing the capital infusion on Friday, the government also rolled back recent tax hikes on foreign and domestic equity investors in an attempt to boost market sentiment and revive the slowing economy.
Aug 26, 2019, 14:38 PM IST
Moody's upgrades IDBI Bank's rating by a notch on LIC takover
The upgrade follows the Life Insurance Corporation acquiring 51 percent stake in the crippled lender which has around 32 percent of its assets as dud loans, thereby, improving its solvency.
Jan 24, 2019, 12:47 PM IST
Fuel price reduction may dent oil companies EBITDA by Rs 6500 cr: Moody's
The new fuel prices took effect on October 5.
Oct 08, 2018, 11:38 AM IST
Heat can make you moody and anti-social, suggests study
A new study suggests that hot temperature is more likely to make people anti-social and moody.
Jun 23, 2017, 18:54 PM IST
Revealed – How sweltering heat makes you moody, unhelpful
People tend to become moody and also less helpful or 'pro-social' when it is uncomfortably hot, says a new research.
Jun 23, 2017, 16:00 PM IST
RCom shares continue to reel under pressure, tank 9.5%
Shares of Reliance Communications on Wednesday tanked 9.5 percent after Moody's Investors Service downgraded the company's corporate family rating and senior secured bond rating on account of weak performance and "fragile" liquidity position.
May 31, 2017, 13:16 PM IST
Yuan hits 6-1/2-month high; other currencies rise in tight range
Asian currencies rose on Wednesday as strong manufacturing data from China coupled with a risk-happy market environment spurred interest in emerging currencies, with the Chinese yuan jumping to its highest in six-and-a-half months.
May 31, 2017, 12:47 PM IST
RCom bond sell-off gathers pace after Moody's rating cut
A sell-off in Reliance Communications Ltd`s bonds accelerated on Wednesday after rating agency Moody`s cut its rating on the company deeper into junk territory, underscoring the extent of its debt woes.
May 31, 2017, 11:23 AM IST
Moody's slashes Hong Kong rating following China cut
Hong Kong on Thursday hit back at a decision by Moody's to cut its credit rating on the city, which the agency said was becoming increasingly close to mainland China.
May 25, 2017, 11:08 AM IST
Moody's downgrades China rating to A1 from Aa3, cites slow econominc growth as reason
Moody's downgrades China rating to A1 from Aa3, cites slow econominc growth as reason. Watch complete news story for getting the detailed updates from stock market!
May 24, 2017, 12:24 PM IST
Moody`s raises Argentina credit rating
Credit rater Moody`s raised Argentina`s sovereign rating on Friday as the country prepared to return to international debt markets after 15 years in the cold.
Apr 16, 2016, 01:38 AM IST
British govt to help secure a buyer for Tata Steel's UK biz
Amid fears that 15,000 jobs may be lost, the UK today said it will appoint independent advisors once the sale of Tata Steel's UK business commences and, alongwith the Welsh government, help in securing a buyer for the country's largest steelmaker.
Apr 01, 2016, 16:00 PM IST
UK biz sale to ease pressure on Tata Steel's ops: Moody's
Tata Steel's plans to sell the UK business will help reduce pressure on the steelmaker's operating performance, Moody's Investors Service said on Friday.
Apr 01, 2016, 15:27 PM IST
Moody's retains SBI deposit ratings at Baa3
Global rating agency Moody's has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P-3.
Jun 22, 2015, 20:45 PM IST
Credit conditions to strengthen with growth, reforms: Moody's
Credit conditions are likely to improve for rated Indian corporates and infrastructure debt issuers.
May 11, 2015, 15:30 PM IST
Moody's says India ratings upgrade to depend on fiscal consolidation
A Moody`s Investors Service analyst said India needed to improve its fiscal position to earn a ratings upgrade and warned that even if policy action was taken now it would likely take a while for the impact to be reflected on government finances.
Jan 16, 2015, 00:17 AM IST
Moody's upgrade Tata Steel's ratings
Moody's Thursday upgarded Tata Steel's ratings, with a stable outlook, on expectations that Tata Steel UK Holdings - earlier known as Corus - will have less drag on the performance of the group.
Jan 08, 2015, 19:29 PM IST
FDI hike would benefit Indian private non-life insurers: Moody's
The increase in foreign direct investment (FDI) limit by 23 percent to 49 percent is expected to alleviate the capital pressure on Indian private non-life insurers, global credit rating agency Moody`s Investor Service (MIS) said Thursday.
Jan 08, 2015, 13:11 PM IST
