India's CARE joins four others to launch global rating agency

Last Updated: Wednesday, November 13, 2013, 09:01

Credit ratings organisations from five countries are launching a new global agency, touting it as an alternative to the Big Three agencies.

S&P warns next govt's agenda to determine rating action

Last Updated: Thursday, November 7, 2013, 20:33

Global rating agency Standard & Poor's (S&P) Thursday warned that failure of the new government to come out with a credible growth plan post general elections could result in ratings downgrade for India.

Goldman downgrades equities to underweight on growth concerns

Last Updated: Thursday, August 1, 2013, 17:26

Goldman Sachs, a leading global bank, Thursday downgraded Indian stocks to underweight and recommended investors to stay selective on concerns of economic growth recovery.

Telangana impact: Housing prices to rise in Hyderabad

Last Updated: Wednesday, July 31, 2013, 20:49

After remaining stagnant since 2009, housing prices in Hyderabad are set to rise as market sentiment is likely to improve, rating agency Crisil said.

New Pak govt inherits effects of overall policy inertia: Moodys

Last Updated: Tuesday, May 14, 2013, 14:29

The rating agency also said any flare up in relations with India could impact Pakistan's credit fundamentals.

S&P rules out rating upgrade for India

Last Updated: Saturday, May 4, 2013, 19:23

Global agency Standard & Poor's Saturday ruled out rating upgrade for India at the current juncture but said improvement in outlook was something which could be considered.

Raters can't offer fee-based services beyond ratings, research

Last Updated: Wednesday, February 6, 2013, 21:01

Market watchdog Sebi has said that a credit rating agency cannot offer any fee-based services other than credit ratings and research to its rated clients, while its regulations would apply to ratings of all kinds of securities, bank facilities and services.

California too files lawsuit against S&P

Last Updated: Tuesday, February 5, 2013, 23:32

Such an announcement by Harris came moments after the US Attorney General, Eric Holder, announced that the United Sates has sued the major credit rating agency on similar charges.

US sues Standard & Poor's rating agency

Last Updated: Tuesday, February 5, 2013, 23:06

The United States Tuesday sued Standard and Poor's alleging that the credit rating agency lied about its objectivity and independence and issued inflated ratings for certain structured debt securities, causing investors to lose billions of dollars.

Fitch gets permission to operate from China

Last Updated: Wednesday, January 2, 2013, 13:39

Global rating agency Fitch Solutions has said China has allowed it to distribute credit ratings, data and research services in the country's mainland.

CARE makes robust debut; stock lists at over 25% premium

Last Updated: Wednesday, December 26, 2012, 13:33

Rating agency CARE on Wednesday made a strong debut on the bourses, listing at Rs 940, against the issue price of Rs 750 per share.

No case for lowering India's credit rating: Rangarajan

Last Updated: Sunday, November 4, 2012, 14:17

Prime Minister's key economic advisor has said that there is no case for lowering India's credit rating and the global agencies need to look at the international scenario before taking any rating action.