Fitch projects negative outlook for Indian real estate sector

Projecting a negative outlook for
the domestic real estate sector in CY 2010 with a slight
stable bias,

Fitch revises up outlook of Axis Bank to stable

Global rating agency Fitch on Tuesday
revised outlook for Axis Bank upwards-- from negative to
stable-- on improved domestic economic scenario and the
prudent plans of the banks` new management.

Auto component sales to rise in 2010: Fitch

Auto component sales in the
country are likely to rise in 2010 on the back of positive
outlook for cars sales but overseas demand will continue to be
sluggish, global rating firm Fitch said.

Indian auto sector to grow by 10-12% in 2010: Fitch

The Indian auto industry is likely to see a growth of 10-12 percent in sales in 2010, but companies will come under margin pressures as competition hots up in the market, according to global rating firm Fitch.

3G: Fitch studying revenue impact on Bharti

Credit rating agency Fitch on Wednesday said it is closely monitoring the impact of the cost for pan-India 3G licence on the revenues of Bharti Airtel.

Concerns eases on restructured loans of Indian banks: Fitch

Global rating agency Fitch on Tuesday said economic recovery has eased concerns on restructured loans of Indian banks.

UK top credit rating at risk over debt: Fitch

Britain is most at risk among big economies to lose its top-notch credit rating, while Japan faces a review of its rating if govt debt issuance rises much.

Indian banks to remain resilient during FY10, FY11: Fitch

Indian banks are expected to
remain robust during the current fiscal and the next even if
non-performing assets and interest rates rise, according to
global rating agency Fitch.

Telcos` profits to fall; growth seen at 25-30%: Fitch

Profitability of telecom companies is likely to fall in the years to come due to growing number of low-end users, global rating agency Fitch Ratings said.

Outlook for textile industry remains negative: Fitch

Global rating agency Fitch on Monday retained its negative outlook for the Indian textile industry saying exports could recover only with an improvement in economic activities.