Time to turn cautious on India Inc, warns S&P

Elections may pose additional risks for Indian corporates, it said

Global Rating agency Standard and Poor's (S&P) on Tuesday warned that it's time to turn cautious on rated Indian corporates as their revenue growth is likely to slow down in the next 18-24 months. 

Global risks such as stability of commodity prices as well as demand from the US and China will have a greater bearing on Indian companies rather than domestic demand in the next year or two, it cautioned.

India's central government elections  may pose additional risks for Indian corporates. A change of administration may trigger expansionary government spending which may push up borrowing costs or even raise