The outlook on the ratings for both has been changed to negative from ratings under review
These six include Indian Oil Corporation, Hindustan Petroleum Corporation, Oil India, Petronet LNG, Bharat Petroleum Corporation and Oil and Natural Gas Corporation, the ratings agency said
Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.
Analysts say the Rs 20-trn stimulus package by govt a lost opportunity
Ratings have been cut for 847 companies
With recent regulations, rating agencies are giving explicit support details
The downgrade comes at a time when group flagship Piramal Enterprises is planning a rights issue worth Rs 3,650 crore
Double-digit rise in CARE, ICRA operating profit in June quarter, even as Crisil grows by a mere 7.4 per cent