SEBI orders Brickwork Ratings to shut shop in six months
The market regulator says the credit rating agency shall not take any new clients and intimate its existing clients about closure of its operations.
credit rating
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December 2020
India Inc's credit quality strong in first half of FY23
Instances of rating upgrades by ICRA were over three times that of downgrades in H1 FY23
Lodha's Macrotech Developers share trades 117% above IPO price; up 4% today
The stock of the realty company has gained 125% over the past one year and traded 117% above its IPO issue price of ₹486 per share.
Fitch, Moody’s downgrade Russia to junk status as sanctions rise
Moody's lowered Russia's credit rating by six notches to ‘B3’ from ‘Baa3’, while Fitch downgraded to 'B' from 'BBB' amid rising macro-financial stability risks in wake of international sanctions.
Electricity, raw material demand indicate recovery: Sitharaman
India to be one of the fastest-growing economies, will facilitate as much needed, says finance minister Nirmala Sitharaman.
Can we instill trust in the ratings industry?
The controversy surrounding target rating points (TRPs) brings to the forefront the age-old question about how India’s ratings agencies need a new trust mechanism in order to be taken seriously.
