Oil price recovery poses downgrade risk to OIL, ONGC: Moody's
Moody's Investors Service Thursday said ratings of state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) may come under pressure if oil prices fall more sharply than expected and companies carry on with their growth and expansion plans aggressively.
Mar 17, 2016, 22:57 PM IST