Latest News on Fitch
Showing of 0 - 10 from 185 results
Fitch - Total results - 185
Oct 13, 2017
Tata and Bharti Airtel deal positive for both sides; will help improve their credit profileTatas and Airtel inked a plan wherein consumer businesses of the diversified conglomerate will be acquired by the largest telco on a no cash, no debt basis.
Oct 03, 2017
Fitch lowers growth forecast to 6.9%, sees large bank NPAs dampening credit growth, investmentEconomic activity is expected to accelerate in the second half of the fiscal year with the waning impact of demonetisation shock in late 2016 and GST rollout in July
Sep 19, 2017
GST: Govt may have to cut infrastructure spending as revenue is hit, fiscal math goes for a tossHurried rollout of GST has impacted state coffers. Dividends from state-run companies are expected to fall and a $11 billion share sale programme is slowing down
Sep 11, 2017
India may be power surplus this fiscal on consistent capacity additions, subdued demand: FitchThe report noted that electricity prices at power exchanges dropped by 11 per cent to Rs 2.4 per kWh in 2016-17.
Jul 24, 2017
Reliance Jio's cheap handsets may reverse industry's revenue decline trend, says Fitch reportJio handset is likely to quickly replace 2G handsets in rural areas, where smartphones had previously been out of reach for many potential customers
Jul 18, 2017
Banks need at least $2.8 billion extra provisioning for bankruptcy cases: India RatingsThe Reserve Bank of India (RBI) last month asked creditor banks to begin insolvency proceedings against 12 of the country's biggest loan defaulters
Jul 10, 2017
Crisil stake buy in Care: Why regulators need to check foreign agencies’ predatory approach on Indian ratersRating agencies acquiring other raters and controlling most of the market is not a good signal for any economy
Jul 04, 2017
GST to be revenue neutral in short term but will boost growth in long term, says FitchThe new electronic filing system is also likely to lead to more tax reporting.
Jun 20, 2017
Demonetisation: Cash crunch led to 'material impact on spending', says FitchIn its latest Global Economic Outlook (GEO), Fitch said Indian GDP growth slowed "significantly" to 6.1 percent in first quarter of 2017 from 7 percent in October-December. This was the slowest pace since fourth quarter of 2013-14.
Jun 07, 2017
Reliance Communications rejects rating downgrades by Moody's, FitchMoody's downgraded RCom corporate family rating and senior secured bond rating to Ca from Caa1