Telcos likely to commit $13 bn in spectrum sale: Fitch

Last Updated: Wednesday, March 4, 2015, 13:41

The much awaited spectrum auction, wherein eight companies are bidding to acquire radiowaves in four bands, started on Wednesday.

Budget evokes mixed response from global rating agencies

Last Updated: Monday, March 2, 2015, 14:39

The Budget has received a mixed response from global rating agencies with the US-based S&P saying that the annual financial document seeks to keep the fiscal deficit in check despite subdued revenue growth.

Budget could have slew of reforms: Fitch

Last Updated: Wednesday, February 18, 2015, 19:48

Expecting a slew of reforms in the upcoming Union Budget, global rating agency Fitch Wednesday said any deviation from fiscal consolidation path could be a negative for its investment grade rating for India.

Fitch Affirms Tata Motors at 'BB' with stable outlook

Last Updated: Thursday, January 29, 2015, 20:19

Rating agency Fitch today affirmed Tata Motors' long-term foreign currency issuer default rating at a speculative grade 'BB' with a stable outlook.

Moody's, Fitch assign Baa3, BBB- rating to BPCL $2-bn bond sale

Last Updated: Wednesday, January 28, 2015, 21:00

Global rating agencies Moody's and Fitch Wednesday assigned Baa3 and BBB- ratings with stable outlook respectively, in line with the sovereign's, to the proposed USD 2-billion bond sale programme of state-owned Bharat Petroleum Corp Ltd, which is likely to hit the market anytime.

'Rate cut doesn't change sovereign credit profile overnight'

Last Updated: Thursday, January 15, 2015, 19:51

International rating agency Fitch on Thursday said that 25 basis point repo rate cut may not result in an improvement in sovereign credit profile in the short run.

Oil prices likely to rebound to $80 in 2015

Last Updated: Wednesday, December 24, 2014, 14:24

Crude oil prices are likely to recover towards the marginal cost of supply around USD 80 per barrel during 2015, a global rating agency has said.

Fitch raises Egypt`s credit rating to `B`

Last Updated: Saturday, December 20, 2014, 08:53

Fitch Ratings upgraded Egypt`s credit rating one rank to "B" with a "stable" outlook Friday, saying the authorities seemed committed to major reforms.

'Diesel deregulation, gas price to have positive impact on oil companies'

Last Updated: Wednesday, December 17, 2014, 14:27

Key oil and gas sector reforms like diesel deregulation and a new gas pricing policy will have a positive impact on companies engaged in fuel retailing and gas production, says a report by Fitch Ratings.

Fitch retains stable outlook on power sector in 2015

Last Updated: Friday, December 12, 2014, 23:09

Rating agency Fitch Friday retained its stable outlook on India's power sector in 2015 but warned producers and grid operators will continue to face challenges by way of high capex levels and fuel shortages leading to negative free cash-flow in the medium-term.

State-run banks to find capital raising challenging: Fitch

Last Updated: Friday, December 12, 2014, 20:33

State-owned banks are likely to continue to raise funds through additional Tier-I capital to meet the Basel III norms even as the government plans to pare its holdings in such financial institutions, says a report.

Fitch places Japan credit on Rating Watch Negative

Last Updated: Tuesday, December 9, 2014, 19:29

Fitch Ratings on Tuesday placed Japan`s sovereign credit on Rating Watch Negative, warning that the delay in raising consumption tax would put the government`s objective of reducing the national debt at risk.