Latest News on Moodys Investors Service
Showing of 0 - 10 from 71 results
Moodys Investors Service - Total results - 71
Sep 26, 2019
All macros favouring India, profit-making companies should pass on tax cuts to consumers: Deepak ParekhLast Friday, the government slashed corporate tax by almost 10 percentage points as part of efforts to pull the economy out of a six-year low growth rate with a Rs 1.45-lakh crore tax break.
Sep 21, 2019
Corporate tax cut signals govt's shift towards radical reform; move ranks topmost among steps taken to revive economyNirmala Sitharaman’s bold move on corporate tax cut signals shift from baby steps to radical reform, precisely what the economy needed
Aug 23, 2019
Moody's cuts India GDP growth forecast to 6.2% for 2019 from previous estimation of 6.8%Moody's Investors Service on Friday cut India's GDP growth forecast for 2019 calendar year to 6.2 percent from the previous estimation of 6.8 percent
Jul 09, 2019
India faces continued fiscal challenges, despite lower deficit target: Moody'sWeak growth prospects for India will complicate the government's fiscal consolidation efforts, weighing on the sovereign's credit quality, Moody's Investors Service said on Tuesday
Jul 05, 2019
Union Budget 2019: Moody's calls Budget a series of competing goals despite slow growth rateGlobal rating agency Moody's Investors Service has opined that achieving the "competing budgetary goals" of lower fiscal deficit would be challenging.
Jul 02, 2019
Shares in ICRA fall after CEO Naresh Takkar sent on leave amid regulatory concernsICRA said in May it had appointed external experts to probe the anonymous complaint concerning the credit rating it assigned to one of its customers
Jun 28, 2019
Spectrum auctions in India likely in second half of 2020, says Moody's; majority of telecom operators under huge debtSale of spectrum in 2019 is unlikely, especially given the telcos' request to the government to restructure their existing spectrum debt
Apr 30, 2019
Yes Bank's balance sheet clean-up to strain profitability in next 12-18 months: Moody'sOn 26 April, Yes Bank reported its first-ever quarterly loss since its inception in 2004 at Rs 1,506 crore in the January-March quarter
Feb 20, 2019
Moody's upgrades Tata Steel's corporate family rating to Ba2 on sustained improvement in firm's credit profileThe stable outlook reflects Moody's expectation that Tata Steel's strong operating performance will translate into a sustained improvement in credit metrics.
Jan 29, 2019
Moody's downgrades Lodha Developers outlook on weak sales; operating sales of builder in FY 2018-19 to be 25% lowerThe agency said it expects Lodha's operating sales in the fiscal year 2018-19 to be 25 percent lower than what it had achieved in the previous 12 months