India's IPO Tally Hit A Six-Year High In 2023
IPO activity in India is set to remain strong this year after the number of listings rose more than 65% in 2023.
Feb 20, 2024, 15:01 PM IST
S&P downgrades Tata Motors, JLR credit rating
The rating agency cited weakness in profitability of JLR as the main reason for downgrading credit rating of Tata Motors and its British arm.
Mar 28, 2019, 17:48 PM IST
Rated Indian companies, banks can withstand sharp rupee depreciation: S&P
S&P Global Ratings, in a report, said most emerging market issuers are buffered against further currency depreciation and do not face immediate downgrade risk from currency depreciation.
Nov 05, 2018, 15:04 PM IST
S&P maintains China's A+/A-1 credit rating, stable outlook
The rating agency said that China will maintain its headline gross domestic product growth.
Sep 21, 2018, 14:45 PM IST
India's weak banking system to strengthen over 2 years: S&P
S&P's stable outlook on banks is underpinned by the expectations of a very high likelihood of government support.
Jul 31, 2018, 16:40 PM IST
Indian banks' FY18 results likely to be weak: S&P
In a report titled 'India's Banks Are Bracing For Weak Fiscal 2018 Results', S&P on Thursday said it believes that at a system level the ratio of stressed assets is realistically around 13-15 percent, compared with 12.3 percent in the first half of fiscal 2018.
Apr 19, 2018, 22:01 PM IST
S&P says downgraded China as credit growth still too fast
China`s finance ministry said the downgrade was "a wrong decision" that ignored the economic fundamentals and development potential of the world`s second-largest economy.
Sep 22, 2017, 16:27 PM IST
Tata Steel India, Europe profitability to sustain in FY18: S&P
"The healthy profitability at India-based Tata Steel Ltd (BB-/stable) is in line with our expectations and supports the company's credit quality," S&P Global Ratings said in a statement.
Aug 09, 2017, 18:43 PM IST
S&P cuts Qatar`s credit rating one notch to AA-
S&P Global Ratings on Wednesday cut Qatar`s credit rating by one notch to AA- and put it on watch for further downgrades after Gulf Arab states severed ties.
Jun 08, 2017, 00:02 AM IST
Jio woes:Airtel revenue to drop another 2-5% in FY18, says S&P
Bharti Airtel will see another 2 -5 percent fall in revenue this fiscal before returning to growth in the following year, as stiff market competition keeps pricing under pressure, S&P Global Ratings said on Friday.
May 12, 2017, 17:22 PM IST
Rating agencies assign investment grade to SBI bond programme
Rating agencies have accorded investment grade to the proposed USD 500 million bond raising programme of the country's largest lender SBI.
Jan 17, 2017, 15:14 PM IST
S&P retains India's rating at BBB-, rules out upgrade for next two years; 'introspect', govt hits out
Like S&P, Fitch Ratings also rates India at 'BBB-minus', the lowest investment-grade, with a 'stable' outlook. Moody's Investors Service rates India at an equivalent 'Baa3', but with a "positive" outlook.
Nov 02, 2016, 18:31 PM IST
S&P retains India's rating at BBB-; Govt says rating firms need to introspect
The government on Wednesday slammed global rating agencies for not upgrading India's sovereign rating despite a slew of reforms, saying they need to do some "introspection" as investors globally feel the country is "under-rated".
Nov 02, 2016, 16:22 PM IST
S&P retains India's rating at BBB- with stable outlook; rules out upgrade for 2 years
Dashing the government's hope of improved credit rating, S&P on Wednesday retained India's rating at 'BBB-' with a stable outlook and ruled out any upgrade in two years, citing weak public finances.
Nov 02, 2016, 14:50 PM IST
RIL's energy biz cash flow to offset outgo on spectrum: S&P
S&P Global Ratings today said its rating on Reliance Industries is unaffected as the company's energy projects will soon start generating cash flows and offset the impact of outgo because of large spectrum purchase.
Oct 12, 2016, 18:19 PM IST
GST most important reform of Modi govt, lends more weight to 8% growth projection: S&P
Calling GST as the most important structural reform till date by the Modi government, S&P Global Ratings Tuesday said the passage of the indirect tax law gives it additional conviction of India clocking 8 percent growth in the next few years.
Oct 11, 2016, 17:37 PM IST
Infrastructure deficit biggest hurdle for 'Make in India': S&P
The country's poor infrastructure is the "biggest hurdle" to government's flagship Make in India programme, S&P Global Ratings said on Tuesday.
Aug 02, 2016, 20:13 PM IST
PSBs need Rs 2.5 lakh crore capital over 3 years: S&P
International rating agency S&P Global Ratings on Tuesday said that Indian state-run banks will need Rs 2.5 lakh crore capital infusion over the next three years to meet Basel-III requirements.
Aug 02, 2016, 19:34 PM IST
India's top 200 companies outperform their Chinese peers
India's top 200 companies are set to outperform their Chinese peers despite the country's infrastructure bottlenecks, according to a report by S&P Global Ratings.
Aug 02, 2016, 14:25 PM IST
S&P withdraws corporate credit rating of Indiabulls realty on request
S&P Global Ratings today said it has withdrawn long-term corporate credit rating on Indiabulls Real Estate at the company's request.
Jul 05, 2016, 21:47 PM IST
