Page 12 - Moody's
Slower consolidation to constrain fiscal strength over medium term: Moody's
Rating agency Moody's on Wednesday India's fiscal deficit projections are higher than expected
 "Slower consolidation to constrain fiscal strength over medium term: Moody's")
Moody's raises doubts on higher revenue targets from tax, divestment
Moody's, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over attaining the higher revenue targets and divestment realisation
 "Moody's raises doubts on higher revenue targets from tax, divestment")
Indian insurers to withstand pandemic-led downturn: Moody's
Indian insurance companies are likely to withstand the economic downturn exacerbated by the coronavirus pandemic, the report said
 "Indian insurers to withstand pandemic-led downturn: Moody's")
Coronavirus pandemic to keep repayment risks elevated for securtised loans
Weak economic conditions will continue to hurt borrowers' ability to repay loans, keeping performance risks for asset-backed securities (ABS) elevated
 "Coronavirus pandemic to keep repayment risks elevated for securtised loans")
India only market in A-Pac with negative power sector outlook: Moody's
Stabilising cash flows amid power demand recovery, gradual pace of regulatory change and manageable transition to a low carbon economy underpin Moody's stable outlook for Asia-Pac power sector in 2021
 "India only market in A-Pac with negative power sector outlook: Moody's")
HDFC Bank's frequent digital outages credit negative, says Moody's
The recurring outages also risk hurting the bank's brand perception among a growing and increasingly digital-savvy customer base, and increase the chances of clients switching to other banks
 "HDFC Bank's frequent digital outages credit negative, says Moody's")
Moody's downgrades Vedanta Resources' CFR to B2 citing weak liquidity
Revised ratings on firm's senior unsecured bonds from "B3" to "Caa1". All ratings remain under review for further downgrade
 "Moody's downgrades Vedanta Resources' CFR to B2 citing weak liquidity")
Conditions to improve for India Inc in 2021 as economy revives: Moody's
Broad-based demand revival and a low base in 2020 will support strong GDP growth of 10.8 per cent in India in fiscal 2022
LVB bond write-down credit positive for creditors, depositors: Moody's
Terms and conditions of Indian Basel III compliant AT1 and tier-II securities specify that such securities will be written down before authorities can step in to support a bank
 "LVB bond write-down credit positive for creditors, depositors: Moody's")
Moody's calls stimulus measures positive, revises GDP forecast upwards
Lowers the contraction rate for India's gross domestic product to 10.6 per cent for 2020-21 from earlier 11.5 per cent
 "Moody's calls stimulus measures positive, revises GDP forecast upwards")
Merging troubled LVB will boost DBS's retail biz in India: Moody's
The merger will not alter DBS group's credit profile and the effect on its capital will be immaterial
 "Merging troubled LVB will boost DBS's retail biz in India: Moody's")
Moody's raises India's 2020 GDP forecast to -8.9% as Covid cases drop
India's economy had the biggest contraction, 24 per cent year-over-year in the second quarter
 "Moody's raises India's 2020 GDP forecast to -8.9% as Covid cases drop")
Top headlines: Govt expands stimulus, Moody's raises India GDP forecast
From govt announcing fresh stimulus aimed at creating jobs to TCS acquiring Pramerica Tech Services, Business Standard brings you the top headlines of the day
 "Top headlines: Govt expands stimulus, Moody's raises India GDP forecast")
Global economy to remain in tenuous position in 2021, says Moody's
Social issues will attract further prominence in 2021 in public policies, corporate strategies and investment decisions
 "Global economy to remain in tenuous position in 2021, says Moody's")
Reliance EBITDA improves on rebound; balance sheet strengthened: Moody's
Reliance Industries has reported a 7.9 per cent EBITDA growth for the July-September quarter compared with the preceding three months
 "Reliance EBITDA improves on rebound; balance sheet strengthened: Moody's")
Vedanta's $1.17 billion debt maturities prompt credit rating warnings
Moody's Investors Service last week put London-based Vedanta Resources under review for a possible downgrade, citing increased refinancing risk and large funding needs
 "Vedanta's $1.17 billion debt maturities prompt credit rating warnings")
Moody's places Vedanta Resources CFR under review for downgrade
This stems from increase in refinancing risk and large funding needs at holding company level, following firm's failure to delist Vedanta Ltd
 "Moody's places Vedanta Resources CFR under review for downgrade")
Moody's downgrades Britain's debt rating as Covid-19 and Brexit hit outlook
Moody's lowered the rating to "Aa3" from "Aa2," putting Britain on the same level as Belgium and the Czech Republic
 "Moody's downgrades Britain's debt rating as Covid-19 and Brexit hit outlook")
Global demand uncertainty to continue to weigh on Tata Motors: Moody's
Brexit an added worry for wholly-owned subsidiary JLR
 "Global demand uncertainty to continue to weigh on Tata Motors: Moody's")
Top headlines: HCL Tech Q2 profit rises, Remdesivir falls flat in WHO study
Business Standard brings you the top headlines of the day
 "Top headlines: HCL Tech Q2 profit rises, Remdesivir falls flat in WHO study")