Rating Downgrade News

Mutual Funds

ICRA places mutual funds with IL&FS exposure on ratings watch

Debt repayments are becoming increasingly uncertain for the IL&FS GroupThe six funds include HDFC Short Term Debt Fund, UTI Banking and PSU Debt Fund and UTI Bond Fund among others

1 min read28 Jan 2019
Market

Jet Airways shares fall 7% on interest payments delay, ratings downgrade

Jet Airways shares plunge 7% after the airline said it has delayed its interest payment to a consortium of lenders led by the State Bank of India due to cash flow issues

1 min read2 Jan 2019
Companies

After default, Naresh Goyal may have to give up Jet Airways to keep it afloat

Jet Airways, which has defaulted for the first time, needs to raise at least $250-300 million immediately to pay off its dues to lenders and other vendors

3 min read22 Jan 2019
Auto

Tata Motors shares plunge on S&P rating downgrade

S&P has downgraded Tata Motors's credit rating citing weak profitability at its British arm Jaguar Land Rover (JLR)

1 min read5 Dec 2018
Auto

S&P cuts Tata Motors rating on JLR weakness

S&P cut its rating on Tata Motors' issuer credit and senior unsecured notes to 'BB-' from 'BB'. The ratings remain on negative watch, reflecting the uncertainties for JLR from the Brexit deadline, S&P said

1 min read4 Dec 2018
News

Fitch, S&P downgrade Sri Lanka as political crisis dents confidence

Fitch and S&P cut their ratings by one notch to B from B+, following Moody's, which downgraded the island nation on November 20

2 min read4 Dec 2018
Companies

Timeline: Yes Bank’s tussle with RBI & the stormy aftermath

The developments since 19 November have knocked off about 34,500 crore ($4.95 billion) from Yes Bank market capitalization

4 min read3 Dec 2018
Companies

Vodafone Idea shares fall after CRISIL downgrades rating of NCDs worth ₹6,000 crore

CRISIL downgraded the rating on NCDs of ₹6,000 crore and reaffirmed its rating on commercial paper of ₹2000 crore of erstwhile Vodafone Mobile Services

1 min read30 Nov 2018
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
Companies

Yes Bank’s week of No’s: What all has happened so far

Yes Bank shares tumbled to their 52-week lows on Wednesday after Moody's downgraded its rating to non-investment grade, amid a spate of bad news. Here's an update on the developments so far this week

1 min read29 Nov 2018
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles