The rating review follows an increase in refinancing risk and significant funding needs at the holding company level, following Vedanta Resources' failure to acquire the balance shareholding in key subsidiary Vedanta Limited that would have improved access to group cash

The World Bank said that the downgrade in India's GDP is reflective of the nationwide lockdown and the income shock experienced by households and firms due to the coronavirus pandemic

India Inc. must brace up for large-scale ratings downgrade, defaults and assets sale

Stocks to watch today on September 29: Alkem Labs, IIFL Finance, Shalby, Central Bank of India, Max Healthcare among others are the top stocks to watch out for in Tuesay's trading session

Even for less-affected banking jurisdictions like China, Canada, Singapore, Hong Kong, South Korea and Saudi Arabia, the recovery to pre-COVID-19 levels will unlikely come before end-2022, says S&P

N K Singh, chairman of the Fifteenth Finance Commission (FFC) said the estimate is a bit more modest as compared to some optimistic assessments that the FFC has received from experts

The telcos have been directed to publish details of each tariff plan for postpaid and prepaid subscribers, and offer information to subscribers at customer care centres, points of sales, retail outlets and websites, and apps with requisite disclosures

The agencies believe that since Airtel is not required to make lumpsum AGR payment to Department of Telecommunications, the telco can use some of its recently-raised funds to deleverage

\"I remain confident that India's long-term growth potential remains intact despite the COVID setback. The IMF also has estimated that the Indian economy will rebound to 6 per cent in FY22,\" Birla said

Retail inflation data, due later in the day, is likely to have stayed above the Reserve Bank of India's medium-term target range in August for the fifth straight month

ICRA has upgraded the ratings of various securities issued by private sector lender YES Bank

Unlock 4.0: Delhi metro to follow pre-COVID schedule, Airport Line reopensDelhi Metro resumed its full services on Saturday with the Airport Express Line reopening after a hiatus of over 170 days due to the COVID-19 pandemic. All corridors of the Metro network are now in operation and the timing of services will follow the pre-COVID-19 schedule of 6 AM to 11 PM.DCGI orders Serum Institute to suspend recruitment in Oxford COVID-19 vaccine clinical trialsDrug Controller General of India (DCG...

Moody's said that Bharti Airtel's profitability has improved due to moderation in industry competition, rise in its 4G customer base, and a tariff hike from December 2019

Moody's said that India's credit profile has been impacted by low growth, high debt burden and weak financial system, while these risks have been exacerbated by the coronavirus pandemic

The domestic market opened on a bullish note but gave up gains by the last hour following weak cues from global equities. Traders said domestic investors also turned cautious amid rising border tensions between India and China

India Stock Market Highlights Today: Reliance Industries, Sun Pharma, Infosys, Axis Bank and ICICI Bank were among the top gainers today. On the other hand, PowerGrid, followed by NTPC, Nestle India, ONGC, L&T, HDFC and M&M were the top losers

Tata Motors share, which fell to a 52-week low of Rs 63.60 on March 24, touched Rs 152 intra day today doubling investor wealth during the period

Stocks to watch today on September 7: SBI, Lakshmi Vilas Bank, RIL, Maruti Suzuki, Vodafone Idea among others are the top stocks to watch out for in Monday's trading session

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Speaking at SIAM annual convention here, Toyota Kirloskar said long-term policy framework is important to safeguard industry competitiveness