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India Ratings and Research

Indian economy projected to contract 11.8% in FY21: Fitch arm

Economy

08 September, 2020

Indian economy projected to contract 11.8% in FY21: Fitch arm

India's economy is projected to contract 11.8% on the year in the current fiscal year beginning from April, before bouncing ......

Moody's India arm ICRA sacks CEO Naresh Takkar

Finance

29 August, 2019

Moody's India arm ICRA sacks CEO Naresh Takkar

Ratings firm ICRA Ltd said on Thursday it has fired managing director and chief executive Naresh Takkar with immediate effect. ICRA’s ......

Nifty, Sensex snap three sessions of gains; metal stocks weigh

Markets

28 August, 2019

Nifty, Sensex snap three sessions of gains; metal stocks weigh

Indian shares settled lower on Wednesday after three straight sessions of gains, as worries of a global recession weighed on ......

How IL&FS used favours and pressure tactics to ensure good ratings

Finance

22 July, 2019

How IL&FS used favours and pressure tactics to ensure good ratings

Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & Financial Services (IL&FS) and its group companies ......