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
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
Revised ratings on firm's senior unsecured bonds from "B3" to "Caa1". All ratings remain under review for further downgrade
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
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
Lowers the contraction rate for India's gross domestic product to 10.6 per cent for 2020-21 from earlier 11.5 per cent
The merger will not alter DBS group's credit profile and the effect on its capital will be immaterial
India's economy had the biggest contraction, 24 per cent year-over-year in the second quarter
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
Social issues will attract further prominence in 2021 in public policies, corporate strategies and investment decisions
Reliance Industries has reported a 7.9 per cent EBITDA growth for the July-September quarter compared with the preceding three months
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
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 lowered the rating to "Aa3" from "Aa2," putting Britain on the same level as Belgium and the Czech Republic
Brexit an added worry for wholly-owned subsidiary JLR
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The government expects the new stimulus to add around 0.5 per cent of GDP - a small boost compared with the 11.5 per cent drop in real GDP for year ending March 2021
The government's second round of stimulus will spur consumer spending in the near term but support to economic growth will be minimal, Moody's Investors Service said on Thursday
National oil companies face more credit risk due to energy transition than private ones, according to Moody's Investors Service
Agency says rising Delinquencies, defaults to hit profitability