s&p global ratings
Covid19 impact: Banks to witness spike in credit costs, non-performing assets in 2020
Asia-Pacific governments, central banks, and supervisory authorities have rolled out diverse measures to address COVID-19
Bharti Airtel plans to raise up to USD 1 billion; subsidiary Network i2i to issue bonds
Bharti Airtel has appointed a clutch of bankers including BofA Merrill Lynch, Barclays among others as joint bookrunners.
Reform potential of new government to improve foreign capital flow: S&P
A decisive majority assures foreign investors for whom continuity, policy stability are key investment considerations, S&P said.
Thomas Cook downgraded for default risk
Thomas Cook also said it is considering multiple bids for either parts or the whole of its airline operation.
GST will not reduce deficits of Indian state governments significantly: Report
A report by S&P Global Ratings said that GST will not help tackling the deficits of the State Governments.
S&P downgrades Tata Motors, subsidiary JLR credit rating for weak profits
The rating agency cited weakness in profitability of JLR as main reason for downgrading credit rating of Tata Motors and JLR.
GHIAL outlook stable
The tariff mechanism will allow for the eventual recovery of costs, capital spending, and returns, it said.
Indian corporates may see slowdown in revenue growth over 24 months: S&P
Global risks like stability of commodity prices, demand from the US, China will have greater influence on the fortunes of Indian companies.
S&P foresees 'credit risks' for PSUs supporting govt exchequer via share buybacks
The share buybacks announced so far, including the Rs 4,000-crore offering at Oil and Natural Gas Corp.
Telcos may see negative impact
It expects the credit profile of rates infrastructure firms to be largely protected from the current bout of rupee depreciation.