Page 10 - Moody's
Moody's calls stimulus measures positive, revises GDP forecast upwards
Lowers the contraction rate for India's gross domestic product to 10.6 per cent for 2020-21 from earlier 11.5 per cent
 "Moody's calls stimulus measures positive, revises GDP forecast upwards")
Merging troubled LVB will boost DBS's retail biz in India: Moody's
The merger will not alter DBS group's credit profile and the effect on its capital will be immaterial
 "Merging troubled LVB will boost DBS's retail biz in India: Moody's")
Moody's raises India's 2020 GDP forecast to -8.9% as Covid cases drop
India's economy had the biggest contraction, 24 per cent year-over-year in the second quarter
 "Moody's raises India's 2020 GDP forecast to -8.9% as Covid cases drop")
Top headlines: Govt expands stimulus, Moody's raises India GDP forecast
From govt announcing fresh stimulus aimed at creating jobs to TCS acquiring Pramerica Tech Services, Business Standard brings you the top headlines of the day
 "Top headlines: Govt expands stimulus, Moody's raises India GDP forecast")
Global economy to remain in tenuous position in 2021, says Moody's
Social issues will attract further prominence in 2021 in public policies, corporate strategies and investment decisions
 "Global economy to remain in tenuous position in 2021, says Moody's")
Reliance EBITDA improves on rebound; balance sheet strengthened: Moody's
Reliance Industries has reported a 7.9 per cent EBITDA growth for the July-September quarter compared with the preceding three months
 "Reliance EBITDA improves on rebound; balance sheet strengthened: Moody's")
Vedanta's $1.17 billion debt maturities prompt credit rating warnings
Moody's Investors Service last week put London-based Vedanta Resources under review for a possible downgrade, citing increased refinancing risk and large funding needs
 "Vedanta's $1.17 billion debt maturities prompt credit rating warnings")
Moody's places Vedanta Resources CFR under review for downgrade
This stems from increase in refinancing risk and large funding needs at holding company level, following firm's failure to delist Vedanta Ltd
 "Moody's places Vedanta Resources CFR under review for downgrade")
Moody's downgrades Britain's debt rating as Covid-19 and Brexit hit outlook
Moody's lowered the rating to "Aa3" from "Aa2," putting Britain on the same level as Belgium and the Czech Republic
 "Moody's downgrades Britain's debt rating as Covid-19 and Brexit hit outlook")
Global demand uncertainty to continue to weigh on Tata Motors: Moody's
Brexit an added worry for wholly-owned subsidiary JLR
 "Global demand uncertainty to continue to weigh on Tata Motors: Moody's")
Top headlines: HCL Tech Q2 profit rises, Remdesivir falls flat in WHO study
Business Standard brings you the top headlines of the day
 "Top headlines: HCL Tech Q2 profit rises, Remdesivir falls flat in WHO study")
Stimulus 2.0 has minimal firepower to support growth, says Moody's
The government expects the new stimulus to add around 0.5 per cent of GDP - a small boost compared with the 11.5 per cent drop in real GDP for year ending March 2021
 "Stimulus 2.0 has minimal firepower to support growth, says Moody's")
Second round of stimulus to provide limited support to growth: Moody's
The government's second round of stimulus will spur consumer spending in the near term but support to economic growth will be minimal, Moody's Investors Service said on Thursday
 "Second round of stimulus to provide limited support to growth: Moody's")
India unlikely to see meaningful change in NOCs capital structure: Moody's
National oil companies face more credit risk due to energy transition than private ones, according to Moody's Investors Service
 "India unlikely to see meaningful change in NOCs capital structure: Moody's")
Moody's downgrades IIFL Finance's secured debt, changes outlook to stable
Agency says rising Delinquencies, defaults to hit profitability
Covid-19 impact: Moody's, CARE Ratings cut India's FY21 GDP estimates
The global rating agency had earlier predicted GDP to contract 4 per cent. On Friday, it predicated 11.5 per cent contraction
 "Covid-19 impact: Moody's, CARE Ratings cut India's FY21 GDP estimates")
India Inc's EBITDA to shrink 24% in FY21 due to Covid disruptions: Moody's
Moody's said recovery will gather pace in the third quarter of fiscal 2021 (Q3Fy21) as the lifting of lockdown releases pent-up demand and helps to normalise economic conditions
 "India Inc's EBITDA to shrink 24% in FY21 due to Covid disruptions: Moody's")
Moody's forecasts 11.5% contraction in India's economic growth in FY21
The downward revision in India's forecast for FY21 comes on the heels of a sharp contraction in Indian economy in the April-June 2020 period
Top headlines: India Inc's EBITDA to shrink 24%, Soota's IPO jackpot
From Centre releasing rants for states amid Covid, India-China agreeing on a 5-point plan to Moody's saying India Inc's EBITDA to shrink, Business Standard brings you top news of the evening
 "Top headlines: India Inc's EBITDA to shrink 24%, Soota's IPO jackpot")
Risks to economic recovery rise as Covid-19 infection rate spikes: Moody's
The continued rise in new infection rates across parts of Europe and Asia highlights the risk of a second wave which could lead to renewed closures and a pullback in consumption, Moody's has said
 "Risks to economic recovery rise as Covid-19 infection rate spikes: Moody's")
