German banks face big losses from Austria`s Hypo: rating agency
German banks could face substantial losses from a looming haircut on their loans to a bank in neighbouring Austria, but the losses will be manageable, rating agency Fitch said on Thursday.
Mar 12, 2015, 19:56 PM IST
India pitches for rating upgrade by Fitch
India on Thursday pitched for a rating upgrade by global agency Fitch saying that the country's growth prospects have improved on account of recent reform measures as well as lower oil prices, and its fiscal consolidation programme is on track.
Mar 12, 2015, 16:19 PM IST
Telcos likely to commit $13 bn in spectrum sale: Fitch
The much awaited spectrum auction, wherein eight companies are bidding to acquire radiowaves in four bands, started on Wednesday.
Mar 04, 2015, 13:41 PM IST
Budget evokes mixed response from global rating agencies
The Budget has received a mixed response from global rating agencies with the US-based S&P saying that the annual financial document seeks to keep the fiscal deficit in check despite subdued revenue growth.
Mar 02, 2015, 14:39 PM IST
Fitch Affirms Tata Motors at 'BB' with stable outlook
Rating agency Fitch today affirmed Tata Motors' long-term foreign currency issuer default rating at a speculative grade 'BB' with a stable outlook.
Jan 29, 2015, 20:19 PM IST
Fitch raises Egypt`s credit rating to `B`
Fitch Ratings upgraded Egypt`s credit rating one rank to "B" with a "stable" outlook Friday, saying the authorities seemed committed to major reforms.
Dec 20, 2014, 08:53 AM IST
Fitch retains stable outlook on power sector in 2015
Rating agency Fitch Friday retained its stable outlook on India's power sector in 2015 but warned producers and grid operators will continue to face challenges by way of high capex levels and fuel shortages leading to negative free cash-flow in the medium-term.
Dec 12, 2014, 23:09 PM IST
State-run banks to find capital raising challenging: Fitch
State-owned banks are likely to continue to raise funds through additional Tier-I capital to meet the Basel III norms even as the government plans to pare its holdings in such financial institutions, says a report.
Dec 12, 2014, 20:33 PM IST
Builders' liquidity to improve after easing of FDI rules: Fitch
The minimum foreign-investment threshold was also lowered to USD 5 million per project, from USD 10 million.
Nov 11, 2014, 19:14 PM IST
Fitch assigns stable rating to Indiabulls Real Estate
It has also assigned B+ rating to the company's proposed dollar denominated notes.
Oct 30, 2014, 21:21 PM IST
IDBI Bank raises $350 million from overseas bond sale
According to Fitch, the city-based lender raised USD 350 million in overseas senior unsecured notes through its Dubai branch.
Oct 28, 2014, 19:35 PM IST
Fitch revises outlook on JLR from 'stable' to 'positive'
The report said it expects JLR's sales and profitability to continue to be robust this fiscal and FY16 on the back of a strong product pipeline and rising global demand for premium vehicles.
Oct 10, 2014, 15:57 PM IST
India to grow 5.6% this fiscal, 6.5% in FY'16: Fitch
India's growth is expected to accelerate to 5.6 percent in the current fiscal and further to 6.5 percent in 2015-16, buoyed by strong investments and political certainty, rating agency Fitch said on Wednesday.
Oct 01, 2014, 13:55 PM IST
Budget has limited short term impact on power sector: Fitch
The Budget proposals for the power sector are directionally correct but lack specifics to support a meaningful improvement in the short-term, rating agency Fitch said on Wednesday.
Jul 16, 2014, 20:53 PM IST
Budget lacks 'specifics' for improvement in power sector:Fitch
Fitch said inadequate domestic production and infrastructure bottlenecks continue to act as constraints for ensuring adequate supplies to power plants.
Jul 16, 2014, 15:24 PM IST
Budget announcements positive for infra in long term: Fitch
Fitch said the new government led by Narendra Modi has made new long-term capital investment cycle as a policy focus.
Jul 14, 2014, 16:28 PM IST
Malaysian CIMB mega bank merger comes with `risks`: Fitch
Ratings agency Fitch warned on Monday that a merger plan by Malaysia`s second largest bank CIMB Group with RHB Capital and Malaysia Building Society to create the country`s biggest lender was fraught with risk.
Jul 14, 2014, 11:50 AM IST
Union Budget 2014: 'Budget credit positive, but implementation is the key'
All these measures will result in a revenue loss of Rs 22,300 crore to the government this fiscal, the Minister said, while indirect tax increases will fetch only under Rs 8,000 crore.
Jul 10, 2014, 17:48 PM IST
Fitch downgrades Vedanta to 'BB'; withdraws ratings
International rating agency Fitch today downgraded Anil Agrawal promoted Vedanta's credit rating to 'BB' from BB+ with a stable outlook and then withdrew its ratings.
Jun 06, 2014, 19:30 PM IST
