Latest News on Moodys
Showing of 0 - 10 from 259 results
Moodys - Total results - 259
Aug 06, 2018
High operating profit to help ONGC cut borrowings; free cash flow will improve financial flexibility: Moody'sONGC increased its borrowings by about Rs 25,000 crore in January 2018, when it acquired a 51.11 percent stake in Hindustan Petroleum Corp Ltd for Rs 36,915 crore.
Jul 25, 2018
Moody's places IDBI Bank's long-term ratings under review ahead of proposed acquisition by LICMoody's said the review for upgrade will focus on the exact amount of fresh equity that LIC will inject into the bank and its impact on IDBI's capitalisation
Jul 13, 2018
Moody's downgrades Tata Motors rating due to weakening credit metrics at Jaguar Land RoverMoody's Investor Services has downgraded Tata Motors rating to Ba2 with a stable outlook. Earlier, the agency had a Ba1 rating on the company
Jun 28, 2018
Freefalling rupee: Amid the currency's crash, Moody's says India least vulnerable to US dollar strengthening"India's significant build-up of foreign exchange reserves in recent years to all-time highs provides a support buffer to help mitigate external vulnerability risk," said the US-based rating agency
Jun 17, 2018
Reduction in excise duty on petrol, diesel should be accompanied by expenditure cuts to maintain deficit: Moody'sRating agency Moody's has sounded a note of caution that any reduction in excise duty on petrol and diesel would adversely affect fiscal deficit.
Jun 07, 2018
Moody's says Narendra Modi government could cut expenditure to meet fiscal deficit targetMoody's expects the government to meet its fiscal deficit target of 3.3 percent for 2018-19, based on its commitment to gradual fiscal consolidation and budget assumptions which appear achievable, it said in a statement
Jun 01, 2018
Economy to expand 7.5% in FY19 on the back of consumption growth but oil prices remain a major concern, say analystsCountry's GDP growth will accelerate to up to 7.5 percent in current fiscal, mainly driven by consumption growth, however, oil prices remain a major concern
May 31, 2018
GST and demonetisation will improve tax collection, broaden tax base in India, says Moody'sReforms such as GST and demonetisation will improve tax collection and broaden the tax base in India overtime, Moody's Investors Service said
May 25, 2018
Fuel crisis: Govt might ask ONGC to absorb crude price hikes but state-owned explorer's capex to prevent it from doing soTo resolve a fuel crisis, the government may ask ONGC to sell crude at discounted rates to state-owned refiners, or may levy a windfall tax on the explorer.
May 21, 2018
Moody's downgrades Punjab National Bank on the impact of Nirav Modi fraudInternational rating agency Moody's on Monday said it has downgraded state-run Punjab National Bank's (PNB) rating to Ba1/NP from Baa3/P-3, due to impact on the lender's profitability following Nirav Modi-fraud case