Fitch Group

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Fitch Group - Total results - 12
Coronavirus Outbreak: Fitch Group pledges $50,000 towards Give2Asia Covid-19 relief fund
Business

Coronavirus Outbreak: Fitch Group pledges $50,000 towards Give2Asia Covid-19 relief fund

Fitch Group has said it has pledged $50,000 to Give2Asia to fight coronavirus pandemic

IL&FS case: SEBI widens investigation into role of rating agencies; looks into possible systemic lapses at all five rating agencies
Business

IL&FS case: SEBI widens investigation into role of rating agencies; looks into possible systemic lapses at all five rating agencies

Grant Thornton said it identified multiple e-mails over the period from 2008 to 2018 which indicate that the IL&FS group was under stress or faced liquidity issues since 2015.

IL&FS probe: Ex-CEO of subsidiary helped leading rating agency official buy duplex villa worth crores at discount
Business

IL&FS probe: Ex-CEO of subsidiary helped leading rating agency official buy duplex villa worth crores at discount

The probe by the government's white-collar crime probe agency SFIO has already unearthed connivance of auditors and independent directors with the then top management of IFIN

India will not be able to narrow fiscal deficit to targeted 3.3% for 2018-19 due to revenue shortfall: Fitch
Business

India will not be able to narrow fiscal deficit to targeted 3.3% for 2018-19 due to revenue shortfall: Fitch

Fiscal deficit, a key factor determining the macroeconomic health, will come at 3.5 percent of GDP for FY19

Forget dwindling exports, FDI to rise in FY17 on signs of improving economy, says India Ratings
Business

Forget dwindling exports, FDI to rise in FY17 on signs of improving economy, says India Ratings

FDI in the country will accelerate further on gradually improving economic growth in 2016-17, while focus on ‘Make in India’ would result in a more larger and more stable FDIs

Infra, construction sector growth may remain stressed in FY15
Economy

Infra, construction sector growth may remain stressed in FY15

Growth of infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may constrain the ability of some corporates to access credit, India Ratings and Research, a Fitch Group company, said in a report today.

 Green shoots emerge in power sector: India Ratings
Economy

Green shoots emerge in power sector: India Ratings

The risk of fuel prices is likely to become manageable for utilities after the government allowed them to pass on higher costs of imported coal to customers, India Ratings said.

Fitch cuts Greece's rating to CCC on eurozone exit risk
Economy

Fitch cuts Greece's rating to CCC on eurozone exit risk

Fitch has cut Greece's credit rating from B- to CCC, citing the "heightened risk" that Greece could leave the euro zone.

GTL Infra, Subex, Zenith to default on FCCB payments?
Business

GTL Infra, Subex, Zenith to default on FCCB payments?

As many as 19 companies are likely to default on paying their foreign currency convertible bonds (FCCBs) when they come up for redemption in 2012.

Fitch warns of US downgrade if no budget deal in 2013
Economy

Fitch warns of US downgrade if no budget deal in 2013

Fitch Ratings on Monday revised to negative the outlook on the United States' AAA credit rating after a Congress committee failed last week to agree on deficit-reduction measures.

S&P, Fitch cut New Zealand rating, debt load a big pain
Economy

S&P, Fitch cut New Zealand rating, debt load a big pain

The rating agencies are expecting New Zealand's external position to deteriorate further, with the current account deficit rising again as markets are growing sensitive to debt.<br /><br /> <br /><br />

Rating the world: Standard and Poor's Sovereign ratings
Economy

Rating the world: Standard and Poor's Sovereign ratings

Standard and Poor's rates 126 countries on their capacity to meet financial commitments. Here are the ratings as on June 2011.