Page 4 - Ind-ra

Ind-Ra downgrades Haldia Petrochemicals to AA-minus with negative outlook

Ind-Ra said it has considered the standalone profile of HPL and has not consolidated the debt of 1.5 billion dollars taken at the asset level (Lummus) as the debt has been taken without recourse

States' fiscal deficit to rise to 4.5% of GSDP in FY21: Ind-Ra

The 20 states considered in the analysis constituted nearly 86 per cent of the budgeted aggregate revenue receipts for FY20.

GDP likely to grow at 1.9% if lockdown is lifted in mid-May: India Ratings

Meanwhile, CRISIL has cut estimates of India's FY21 economic growth rate to 1.8% from earlier 3.5%

Coronavirus impact: Nomura lowers 2020 GDP growth forecast to -0.5%

"We expect growth to slide from 4.7 per cent YoY in Q4CY19 to 3.1 per cent in Q1CY20 and fall to -6.1 per cent in Q2CY20," said Sonal Varma, MD and chief India economist at Nomura.

Top headlines: IndiGo employees take pay cut as coronavirus bugs economy

Reliance Group chairman Anil Ambani appeared the Enforcement Directorate in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.

Ind-Ra revises rating watch on YES Bank to 'evolving' from 'negative'

The RWE indicates the possibility of the ratings being either upgraded, downgraded or affirmed.

India Ratings lowers domestic steel sector outlook for FY21 to negative

High iron ore premiums for new mine owners could alter costs for steel mills

Ind-Ra places Wockhardt on rating watch evolving with negative outlook

As per the management, said Ind-Ra, the deal is in line with Wockhardt's strategic plan to shift from acute therapeutic areas to more chronic businesses such as anti-diabetes, central nervous system e

Ind-Ra expects states fiscal deficit to touch 3% of GDP in FY21

Ind-Ra's Devendra Pant said while bigger states are better placed to manage fiscal shocks, states which see fiscal deficit at 4% or more may see deterioration

South Indian Bank needs Rs 1,000 cr tier-I capital in next 15 months

India Ratings and Research (Ind-Ra) has revised outlook for the lender from "stable" to "negative" and affirmed its long-term issuer rating at 'A+'

Ind-Ra lowers SAIL outlook to negative, affirms long-term rating at IND AA-

Ind-Ra expects SAIL's gross debt to remain flat in FY20

Ind-Ra maintains stable outlook for construction sector on existing orders

Most construction companies are likely to experience healthy revenue growth and stable credit metrics over H2 FY20, underpinned by the strength of their existing order books, Ind -Ra said

Stable-to-negative: Ind-Ra revises outlook for road sector for FY20

The weakening of financing sentiment and a sharp rise in land acquisition costs exert pressure on the central budget and could compel the government to rethink the bidding model, Ind-Ra said

Reliance Infrastructure disagrees with downgrade by India Ratings

Reliance Infrastructure stressed that series of steps were undertaken with regard to asset monetisation

Ind-Ra maintains stable outlook for large state run-banks

India Ratings, however, retained its negative outlook on mid-sized and smaller state-run banks

Economy to grow at 7.4% next FY: India Ratings and Research

Ind-Ra expects GFCF to grow at 4.9% in 2017-18

In-Ra moderately raises growth projections, cautions against slow investment

Says RBI has less space to cut rate as food inflation was rising