Fitch

GST to be positive for auto, retail; negative for SMEs: Fitch

GST to be positive for auto, retail; negative for SMEs: Fitch

New indirect tax regime GST is likely to be beneficial for auto, cement and organised retail sectors, but will have a negative impact on oil and gas, and SME sectors, Fitch Ratings said on Tuesday.

Jul 18, 2017, 13:40 PM IST
RCom rejects rating downgrades by Moody's, Fitch

RCom rejects rating downgrades by Moody's, Fitch

Telecom operator Reliance Communications on Tuesday rejected credit rating cuts by Moody's and Fitch as the agencies' views apply only on its USD 300 million bonds, which are being serviced regularly.

Jun 07, 2017, 18:16 PM IST

Fitch affirms PFC rating at BBB- on strong govt support

Fitch Ratings has affirmed Power Finance Corporation (PFC) rating at BBB- and maintained a stable outlook due to strong government support and its healthy financial performance.

Jun 02, 2017, 16:27 PM IST

Fitch affirms Bharti Airtel credit rating at BBB

Credit rating firm Fitch on Friday affirmed Bharti Airtel's long-term foreign currency issuer default rating at 'BBB' with stable outlook, reflecting the firm's ability to repay debt.

May 26, 2017, 21:58 PM IST
Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Q3 GDP data surprising; Indian economy to grow by 7.1% in current fiscal: Fitch

Indian economy will grow by 7.1 percent in current fiscal, 7.7 percent in 2017-18, rating agency Fitch said on Tuesday.

Mar 07, 2017, 10:29 AM IST
'Acquiring Telenor will raise Bharti revenue market share by 2%'

'Acquiring Telenor will raise Bharti revenue market share by 2%'

Acquisition of Telenor's business will increase Bharti Airtel's revenue market share by two percentage points to 35 percent and will add up to USD 60 million to its pre-tax profits, international ratings agency Fitch said.

Feb 23, 2017, 18:00 PM IST

Donald Trump's victory in US presidential election raises global uncertainties: Fitch

Donald Trump's victory in the US presidential election has created uncertainty for many other sovereigns as the reaction in financial and commodity markets could also affect countries outside the United States, Fitch Ratings said on Thursday.

Nov 17, 2016, 22:03 PM IST
'Raghuram Rajan too may have cut interest rate like Urjit Patel did'

'Raghuram Rajan too may have cut interest rate like Urjit Patel did'

Flamboyant former Reserve Bank Governor Raghuram Rajan too may have cut interest rates like his successor Urjit Patel did at his every first monetary policy review, said rating agency Fitch.

Nov 14, 2016, 14:34 PM IST
Fitch affirms Reliance Industries' rating at 'BBB-' with stable outlook

Fitch affirms Reliance Industries' rating at 'BBB-' with stable outlook

Fitch Thursday affirmed Reliance Industries' rating at 'BBB-' with a stable outlook on robust refinery and petrochemical business as also "strong growth potential" in recently launched telecom venture.

Nov 03, 2016, 15:58 PM IST
 Kamath bats for BRICS rating agency, says Big 3 constraining growth in emerging nations

Kamath bats for BRICS rating agency, says Big 3 constraining growth in emerging nations

Batting for a new credit rating agency backed by BRICS group, New Development Bank president K V Kamath on Saturday said methodologies of the big three global agencies are constraining growth in emerging nations.

Oct 15, 2016, 19:01 PM IST

Adani Transmission rating unaffected by asset purchase: Fitch

Adani Transmission Ltd's (ATL) rating will not be affected by its planned acquisition of three transmission assets of Reliance Infrastructure for over Rs 2,000 crore.

Oct 07, 2016, 13:57 PM IST
Reliance Jio impact: Tariffs to fall by 10-15% in 1 year, says Fitch

Reliance Jio impact: Tariffs to fall by 10-15% in 1 year, says Fitch

The start of full-fledged 4G services by Reliance Jio will prompt incumbent operators to lower their tariffs to retain customers, and industry blended tariff could fall by 10-15 percent in the next year, Fitch Ratings said Monday.

Sep 05, 2016, 16:47 PM IST
Masala bonds to ease capital constraints for banks: Fitch

Masala bonds to ease capital constraints for banks: Fitch

RBI's move to allow banks to issue masala bonds will remove obstacles for lenders in accessing additional tier I (AT1) and tier II bond capital and also widen the investors pool, says Fitch.

Aug 26, 2016, 15:26 PM IST
Fitch reaffirms Bharat Petroleum's ratings with stable outlook

Fitch reaffirms Bharat Petroleum's ratings with stable outlook

Fitch Ratings Wednesday reaffirmed Bharat Petroleum Corporation's long-term forex issuer default rating and that of its outstanding senior unsecured debt at 'BBB-' with a stable outlook.

Aug 24, 2016, 17:33 PM IST

Indian banks will need $90 bn capital by 2019: Fitch

Indian banks will need USD 90 billion in total additional funds to meet global capital adequacy norms by 2019, Fitch Ratings said.

Jul 20, 2016, 18:41 PM IST