Moody's explained that despite an increase in debt, deferred spectrum payments have limited immediate impact on operators' liquidity and cash flow
On Friday, it was designated a Variant of Concern' by the WHO
The agency said that rising consumption, push for domestic manufacturing and benign funding conditions will support new investments
RIL shares rise as board approves restructuring plan; Bajaj Auto's m-cap falls below Rs 1-trillion mark; India Inc to show significant EBITDA growth in next 12-18 months, says Moody's
It expects around 25 per cent year-on-year rise in consolidated adjusted EBITDA in FY22
The outlook change reflects Bharti's improving operating performance and credit metrics which, if sustained, could support an upgrade to investment grade within the next 12-18 months, says Moody's
Currently, there is no separate disclosure on free cash flow generation by the different businesses; after spinoff each entity will report separate financials
Yes Bank's asset quality has deteriorated only modestly while its capital has remained stable
The rating action is because of substantial improvement in funding and liquidity position
Upgrade of India outlook, easing of Covid-19 pandemic effect trigger action
Move follows reduction in debt, improvement in performance
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