Downgrades News

Companies

Yes Bank’s week of crisis: What all has happened so far

Yes Bank has had an tumultuous week, what with multiple rating downgrades amid a spate of bad news emerging on its corporate governance practices

3 min read29 Nov 2018
Auto

Moody’s downgrades Tata Motors on JLR sales concerns

Moody's downgraded Tata Motors' outlook to negative from stable and the ratings to Ba3 negative from Ba2 stable over declining JLR sales in China and Europe, and Brexit

2 min read15 Nov 2018
Market

IL&FS crisis fallout: Sebi tightens disclosure norms for credit rating agencies

The credit rating agencies (CRA) will now need to disclose the liquidity position of the company being rated, says Sebi in a new circular

2 min read14 Nov 2018
Market

Mid-caps outpace Sensex, Nifty for fourth straight year

Stock valuations appear steep as the premium of the BSE Midcap index to the Sensex is widening

2 min read25 Dec 2017
Industry

Downgrades abound as oil analysts turn gloomy on supply glut

A wave of equity analysts downgrade dozens of oil-industry stocks on Wednesday, a day after crude fell more than 20% from its highest close so far in 2017

2 min read22 Jun 2017
Companies

Anil Ambani to forego salary from troubled RCom this fiscal

RCom chairman Anil Ambani will not take any salary or commission in the current financial year as the company is reeling under huge debt

1 min read14 Jun 2017
Market

RCom shares extend losses, fall 3% lower

RCom shares went down by 3.10% to close at Rs18.75 on BSE

1 min read8 Jun 2017
Market

RCom shares, bonds fall after new rating downgrades

RCom shares closed down 3.73% at Rs19.35 on BSE

2 min read7 Jun 2017
Companies

Fitch cuts Reliance Communications junk rating even further

Fitch cuts Reliance Communications's long-term foreign- and local-currency ratings to 'CCC' from 'B-plus', and its $300 mn 6.5% senior secured notes due 2020 to 'CCC/RR4' from 'B+/RR4'

2 min read1 Jun 2017
Companies

Ratan Tata-Cyrus Mistry row: Brickwork Ratings downgrades Tata Steel

The ratings change has resulted due to the uncertainty consequent to the recent change in top management at holding company level

1 min read31 Oct 2016
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Budget

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