Moody's downgrades Tata Steel credit rating; says outlook negative
Global agency Moody's Thursday downgraded credit ratings of Tata Steel on a weaker than expected operating performance in its key operating markets of India, Europe and Southeast Asia on account of persistently weak steel prices.
Feb 11, 2016, 18:33 PM IST
Developing securitisation market key to drive financial inclusion
Global rating agency Moody's on Thursday said a developed securitisation market will help the country achieve its goal of financial inclusion by providing cheap credit to under-served segments of the society.
Jan 21, 2016, 17:05 PM IST
Inflation, corporate profit trends key to growth: Moody's
Moody's has a rating of Baa3 with a positive outlook on the country.
Jan 13, 2016, 20:57 PM IST
Vedanta Resources to buy back bonds worth $500 million
Metals and mining conglomerate Vedanta Resources will repurchase in cash bonds worth USD 500 million (about Rs 3,300 crore) out of its outstanding USD 1.13 billion convertible bonds due in July this year.
Jan 13, 2016, 19:02 PM IST
FDI focus to improve external finances, bolster rupee: Moody's
Describing India's focus on FDI as "credit positive", Moody's Investors Service said improvement in the external situation will also provide support to the rupee.
Dec 20, 2015, 11:39 AM IST
Tower biz sale to improve RCom's financial profile: Moody's
Reliance Communications' deal to sell its tower business, when consummated, will substantially improve the telecom major's financial profile, Moody's Investors Service said Monday.
Dec 07, 2015, 22:06 PM IST
Growth drivers key to success of China's reforms: Moody's
Finding new drivers of economic growth that are less reliant on borrowing will be key to the success of China`s reforms, according to Moody`s.
Dec 02, 2015, 16:50 PM IST
Delay In Reforms May Adversely Affect Investments: Moody's
Rating agency Moody's has warned a reversal in investments if the economic reforms get further delayed affecting the projected GDP for 2016.
Nov 25, 2015, 18:41 PM IST
India expected to grow 7.5% in FY16, higher next year: Moody's
Projecting stable growth rate for India, Moody's Investors Service Monday said the economy would grow at 7.5 percent in the current fiscal and improve marginally in the following year.
Nov 02, 2015, 18:40 PM IST
India remains less exposed to external risks: Moody's
"India is less exposed to global risks because of its more resilient economic growth and the impact of positive policy reforms momentum," the rating agency said.
Oct 22, 2015, 12:07 PM IST
Moody's assigns lowest investment grade rating to M&M
Moody's on Thursday assigned lowest investment grade rating, Baa3, to homegrown auto major Mahindra & Mahindra, although with a stable outlook.
Oct 08, 2015, 14:27 PM IST
Indian economy badly affected due to terror attacks: Moody's
With India facing fourth largest number of terror attacks across the world in 2013, such incidents have a significant and long-lasting negative impact on the economy, according to Moody's Investors
Oct 07, 2015, 18:50 PM IST
Now, Moody's says gas price cut will impact investment
Natural gas prices in India are set by taking a volume-weighted annual average of that prevailing in the US, Britain, Canada and Russia.
Oct 05, 2015, 10:12 AM IST
RBI feels growth trends require more aggressive stimulus: Moody's
Describing the Reserve Bank of India`s 50 basis points cut in its short term lending rate as more than what markets expected, international credit ratings agency Moody`s on Tuesday said the move indicates the RBI wanted to give an "aggressive stimulus" to subdued growth trends.
Sep 29, 2015, 18:30 PM IST
Steel safeguard duty to improve domestic cos' profits: Moody's
Moody's on Thursday said the 20 percent safeguard duty on some variants of steel imports is credit positive for domestic producers and will improve their profitability.
Sep 17, 2015, 11:42 AM IST
RBI likely to cut rate on falling inflation: Moody's
Reserve Bank is likely to cut interest rate as the wholesale price-based inflation is expected to decline further to 4.3 percent in August, Moody's Analytics said Friday.
Sep 11, 2015, 18:45 PM IST
India to grow at 7% in FY15, CAD to remain low: Moody's
Moody's also lowered growth forecasts for many Asia Pacific (APAC) sovereigns, citing that subdued global growth, exacerbated by weaker demand from China.
Sep 08, 2015, 11:12 AM IST
Draft base rate guidelines credit negative for banks: Moody's
International rating agency Moody's Monday said the Reserve Bank's draft guidelines for base rate computation are credit negative for banks as they will reduce their loan-pricing flexibility.
Sep 07, 2015, 22:17 PM IST
India among top 5 sovereign EM debt issuers: Moody's
India ranks among the top five sovereign debt issuers from the emerging economies after China, said Moody's Investors Service.
Sep 02, 2015, 20:26 PM IST
'Weak sales, stagnant prices pose challenge for realty companies'
Developers will not reduce price to boost sales, rather will continue with their strategy to reduce apartment size and offer freebies, Moody's Investors Service said.
Sep 01, 2015, 10:37 AM IST
