The $1.01 billion notes due 2026 would ultimately be used by CA Magnum to help finance the purchase of a 95.4% stake in Indian IT company Hexaware, said Moody's Investors Service
The deterioration of asset quality since the onset of the Coronavirus (Covid-19) pandemic has been moderate, and an improving operating environment will support asset quality, said Moody's
Moody's upgrades outlook on Indian banking from 'negative' to 'stable'
While economic conditions have improved, this year's virus outbreak has eroded borrowers' financial reserves, according to Moody's
Moody's senior vice president Christian de Guzman speaks about the rating agency's upgraded ratings outlook for India and more.
The 10-year bond yield closed at 6.28 per cent, its highest level since April 17, 2020
India still needs careful policy management
Business Standard brings you the top headlines on Wednesday
The government and the RBI have been engaging with global bond index providers such as Bloomberg, JP Morgan and FTSE for inclusion of government bonds
Retains lowest investment grade rating
Finance Ministry officials and representatives of rating agency Moody's on Tuesday discussed economic growth prospects, during which India pitched for an upgrade in its sovereign rating outlook
The airport has a current design capacity of 12 million passengers per annum
Affirms ratings; retains negative outlook
The meeting is scheduled for September 28, according to people familiar with the matter
Water management is among the top environmental risks for countries and sectors in Asia, according to Moody's Investors Service.
Moody's said the change in the AGR definition to exclude non-telecom revenue will ultimately boost sectorwide EBITDA
The Moody's report said risks are more pronounced for water-intensive sectors like mining, agriculture and power
Moody's Investors Service has changed the outlook on JSW Steel Ltd and Periama Holdings LLC's ratings to positive from stable.
Moody's Investors Service on Tuesday said the economic activity in India is picking up with the gradual easing of Covid restrictions
Global growth rebound has solidified, but spread of delta variant poses risks, Moody's Investors Service said in its latest assessment of global economy as the pandemic continues.