Negative Implication News Today

Vedanta Ltd said India Ratings and Research has downgraded its ratings for the long-term bank facilities and debt instruments.

CRISIL said there has been a sharp deterioration in the financial risk profile due to continued operating losses, stretch in liquidity due to buildup of subsidy receivables.

Read more about Future Lifestyle Fashions receives revision in credit ratings from CRISIL on Business Standard. Long term bank facilities - CRISIL C (reaffirmed) and Outlook revised to Rating Watch with Developing Implications from Rating Watch with Negative Implications