Moody’s reaffirms YES Bank’s rating, upgrades outlook to ‘Positive’; stock jumps 8%
YES Bank shares jumped as much as 8.4% to ₹27.08, while the market capitalisation climbed to ₹81,665 crore.
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Tata Motors demerger: Moody's affirms Ba3 rating; positive outlook
The proposed structure would enable optimising synergies across Tata Motors’ passenger vehicles and EV businesses in India and JLR, says Moody’s.
Jefferies starts ‘buy’ call on Adani Ent; Moody’s changes ratings on 4 group firms to 'stable'
Jefferies says Adani Enterprises presents an “attractive play on Capex cycle theme”, and has built industry-leading businesses
Moody’s reaffirms ratings of 8 Adani firms; cuts outlook on 4
Ratings actions follow a significant decline in market equity values of Adani group companies since the release of the Hindenberg report.
Moody’s slashes India’s 2022 growth forecast to 8.8%
Moody’s cautioned that growing inflation and rate hikes to control it will impede India’s demand recovery momentum.
