Declining profitability and stretch in working capital cycles also were reasons for the downgrades.
02 Oct 2019 1:57 AM
Within weeks of facing multiple downgrades, Reliance Infra has begun to see positive rating actions by agencies.
02 Sep 2018 4:19 PM
Institute says world's second largest economy should develop effective counter growth strategy.
11 May 2017 3:27 PM
India believes it compares favourably with other emerging countries on metrics such as default risk.
06 May 2017 2:21 PM