Connecticut rides ratings grand slam into $1B GO sale bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Bharti Airtel posts Rs 759 cr profit Telecom operator Bharti Airtel on Monday reported a consolidated net profit of Rs 759 crore for the January-March quarter of 2020-21 financial year. The company had posted a loss of Rs 5,237 crore in the same period a year ago. Read more
India loses ONGC-discovered Farzad-B gas field in Iran India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. The National Iranian Oil Company (NIOC) has signed a contract worth USD 1.78 billion with Petropars Group for the development of Farzad B Gas Field in the Persian Gulf, the Iranian oil ministry s official news service Shana reported. The deal was signed on Monday, May 17, in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh in Tehran. Read more
Moody’s changes Tata Motors’ outlook to stable from negative; affirms B1 ratings
By ANI| Posted by Mansoor | Updated: 14th May 2021 7:51 pm IST
Singapore: Moody’s Investors Service on Friday changed the outlook to stable from negative on Tata Motors Ltd (TML) and affirmed TML’s B1 corporate family rating and B1 senior unsecured ratings.
“The rating affirmation and change in outlook to stable reflect the continued recovery in TML’s consolidated revenue and profitability from the trough during the pandemic in the first quarter of the fiscal year ending March,” said Kaustubh Chaubal, Moody’s Vice President and Senior Credit Officer.
Moody s raises outlook for Prudential to stable on group supervision
Fri, 14th May 2021 21:14
(Alliance News) - Moody s Investors Service on Friday changed its outlook on Prudential PLC to stable from negative, but affirmed its long-term credit ratings at A2.
The credit agency s action follows the Insurance Authority of Hong Kong s announcement to designate Prudential Corp Asia Ltd as the designated insurance holding company under the group-wide supervision framework implemented on March 29.
The outlook change reflects Moody s view that the implementation supports the narrower notching that is already applied to Prudential s senior unsecured debt rating, in line with the agency s methods where the group is supervised under an enhanced group supervisory regime.
Connecticut gets another ratings upgrade, boosting its borrowing profile as debt growth eases courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.