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Updated : 10 min ago IST
Singapore, January 21 (ANI): Fitch Ratings on Thursday affirmed GMR Hyderabad International Airport Ltd's (GHIAL's) long-term issuer default rating and rating on outstanding senior secured notes at BB-plus.
Updated : 21 hours, 32 min ago IST
Hong Kong, January 20 (ANI): India's reform agenda may help to support medium-term growth and partially offset downside pressures to investment from renewed asset-quality challenges in the financial sector and damaged corporate balance sheets, Fitch Ratings said on Wednesday.
Updated : 3 days, 1 hour ago IST
Singapore, Jan 18 (ANI): Fitch Ratings said on Monday it has downgraded Delhi International Airport Ltd's (DIAL's) long-term issuer default rating (IDR) and the ratings on its outstanding senior unsecured notes to BB from BB-plus.
Updated : 1 week ago IST
London [UK], January 14 (ANI): The Indian economy will suffer a lasting damage from coronavirus crisis and after an initial strong rebound in fiscal year ending March 2022, the growth will slow to around 6.5 per cent a year over FY23 to FY26, according to Fitch Ratings.
Updated : 1 week, 3 days ago IST
New York [USA], January 11 (ANI): Fitch Ratings expects India's economy to contract by a record 9.4 per cent in the current fiscal year ending March 2021 (FY21) amid the shock from coronavirus pandemic but this represents a 1.1 percentage point improvement from its our previous forecast, ref
Updated : 2 weeks ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI) Fitch Ratings on Wednesday assigned Shriram Transport Finance Company's (STFC's) proposed US dollar-denominated senior secured notes an expected rating of BB(EXP).
Updated : 1 month ago IST
Hong Kong, December 22 (ANI): Fitch Ratings has assigned Tata Consultancy Services (TCS) long-term foreign-currency and local-currency issuer default ratings (IDRs) of A-minus with a negative outlook.
Mumbai (Maharashtra) [India], December 17 (ANI): Indian automakers' plans to pass on higher commodity prices to customers will dim the prospects for a demand recovery after December when the boost in some categories from pent-up demand and festive spending fades and the economic impact from
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], December 11 (ANI): Indian non-banking financial institutions (NBFIs) will continue to face challenging conditions in 2021 even as the economy is projected to gradually recover, according to Fitch Ratings.
Chicago [US], December 10 (ANI): Fitch Ratings expects average revenue passenger kilometres for India's airlines to remain 40 per cent below 2019 levels in 2021 despite recovering from being 65 per cent lower in 2020.
Hong Kong, December 9 (ANI): The net cumulative 90-plus days past due arrears of Indian auto loan securitisations are expected to rise by 1.25 to 1.50 times from pre-pandemic levels in 2021 due to the lagged effect of macroeconomic stress, Fitch Ratings has said.
Updated : 1 month, 2 weeks ago IST
London [UK], December 8 (ANI): Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter.