• 

  Relief to telcos not sufficient to offset unpaid dues: Fitch

  Business | November 22, 2019 12:45 IST

  The divergence between Bharti's and Vodafone Idea's financial performance continued in 2QFY20, while Jio continued to report strong revenue and EBITDA growth. During 2QFY20, Bharti reported a 1 per cent rise in revenue and 3 per cent growth in like-for-like EBITDA quarter-on-quarter (q-o-q).

• 

  Fitch raises India's FY20 fiscal deficit forecast to 3.6 per cent of GDP

  Business | November 06, 2019 12:19 IST

  Fitch said it was revising the fiscal deficit forecast as revenue collection is likely to fall far short of the projections in the FY2019/20 Union Budget due to weak goods and services tax (GST) and corporate income tax collections.

• 

  Fitch places Bharti Airtel on 'rating watch negative' on SC ruling

  Business | October 30, 2019 18:19 IST

  Fitch Ratings has placed Bharti Airtel Ltd on 'rating watch negative' over unpaid regulatory dues arising from a recent Supreme Court ruling.  

• 

  Fitch Solutions lowers 2019 global steel price forecast

  Business | September 03, 2019 12:18 IST

  Fitch Solutions Macro Research on Tuesday said it has revised downwards its 2019 global steel price forecast as global prices continue to be hammered by poor sentiment amid ongoing US-China trade tensions and increasing downside risks to the global economy.

• 

  Following Nirav Modi scam, Fitch downgrades PNB's viability rating to BB-

  Business | April 10, 2018 17:31 IST

  A fraud of around $2.2 billion took place in PNB, the second largest in public sector, by diamond trader Nirav Modi and his uncle Mehul Choksi.

• 

  SEBI caps cross-holding in credit rating agencies at 10 per cent

  Business | December 29, 2017 11:11 IST

  The move is likely to have an impact on global rating agencies like S&P, Moody's and Fitch which have significant holdings in domestic agencies besides their direct presence.

• 

  World Bank ranking shows Modi’s India means business: Will rating agencies like Fitch, Moody’s budge?

  Business | November 02, 2017 22:27 IST

  India’s 30-place leap in the World Bank’s ‘Doing Business 2018’ rankings affirm India’s growth story as well as the Centre’s reforms agenda.

• 

  Fitch lowers India's 2017-18 growth forecast to 6.9 pc

  Business | October 03, 2017 8:38 IST

  Fitch on Monday lowered India's growth forecast to 6.9 per cent from earlier prediction of 7.4 per cent.

• 

  Govt's plan to merge 13 PSUs to create oil giant not good for consumers, pvt retailers: Report

  February 07, 2017 18:22 IST

  Finance Minister Arun Jaitley in his Budget for 2017-18 proposed to merge some of the 13 state oil firms to create an integrated public sector oil major.

• 

  India better placed than peers over US rate hike: Fitch

  December 17, 2015 17:14 IST

  Chennai: India is better placed than many of its peers after the American central bank - the US Federal Reserve - raised its key interest rates, said credit rating agency Fitch Ratings on Thursday."India is

• 

  Property market to improve by March 2016: Fitch

  April 20, 2015 16:16 IST

  NEW DELHI: Global rating agency Fitch today said the likely upturn in the country's investment climate and reduction in interest rates will improve the property market by the end of March 2016 and provide relief

Advertisement
• 

  Fitch retains India's credit outlook at 'stable'

  April 09, 2015 20:16 IST

  New Delhi: Global rating agency Fitch today retained India's credit outlook at 'stable' saying although "dynamism" is back in the economy translation of reforms into higher growth would depend upon actual implementation.The agency also raised

• 

  Fitch expects many reforms in budget

  February 19, 2015 12:08 IST

  New Delhi: Expecting a slew of reforms in the upcoming Union Budget, global rating agency Fitch has said any deviation from fiscal consolidation path could be a negative for its investment grade rating for India.Fitch

• 

  Fitch rates NTPC's proposed $2-bn notes secure

  November 19, 2014 14:45 IST

  New Delhi: Fitch Ratings has assigned a BBB-rating to State-run NTPC's proposed $2-billion medium-term note programme.The BBB rating is considered secure by Fitch.“The notes will constitute direct, unconditional, unsubordinated and unsecured obligations of NTPC. The

• 

  India to grow 5.6% this fiscal, 6.5% in FY16: Fitch

  October 01, 2014 15:30 IST

  New Delhi: India's growth is expected to accelerate to 5.6 per cent in the current fiscal and further to 6.5 per cent in 2015-16, buoyed by strong investments and political certainty, rating agency Fitch said

• 

  Fitch downgrades Vedanta to 'BB'; withdraws ratings

  June 06, 2014 19:19 IST

  Mumbai: International rating agency Fitch today downgraded Anil Agrawal-promoted Vedanta's credit rating to ‘BB' from BB+ with a stable outlook and then withdrew its ratings.“We have downgraded the long-term issuer default rating (IDR) of Vedanta

• 

  Facebook, Skype challenge telcos' free cash flows: Fitch

  February 28, 2014 19:21 IST

  Mumbai: Ratings agency Fitch today warned that the acquisition of WhatsApp by Facebook and the former's plans to enter voice calls will further dent global telcos' ability to increase free cash flows, but ruled out

• 

  US crisis continues, Fitch puts 'AAA' credit rating on watch

  World | October 16, 2013 11:28 IST

  New York: As  the Congress failed to make a headway in breaking the  impasse over raising the country's debt ceiling before the deadline of October 17, a gloomy picture of default loomed over the horizon

• 

  Fitch slashes India growth forecast to 4.8% for FY'14

  September 20, 2013 17:08 IST

  New Delhi: Fitch Ratings cut India's growth forecast for the current financial year to 4.8 percent, saying weak demand is a large drag on the economy.The new estimate compares with projections of 5.7 per cent

• 

  Fitch upgrades India's outlook to stable, affirms BBB- rating

  June 12, 2013 17:49 IST

  New Delhi, June 12: In what may serve to be a big boost to investor sentiment, Fitch ratings has upgraded India's outlook to stable from negative. The international ratings agency has affirmed India's credit rating