Page 7 - Moody's
Rupee at 74.98 against USD, bond mkt shrugs off Moody's outlook upgrade
The 10-year bond yield closed at 6.28 per cent, its highest level since April 17, 2020
 "Rupee at 74.98 against USD, bond mkt shrugs off Moody's outlook upgrade")
Stable economic outlook
India still needs careful policy management
 "Stable economic outlook")
Top headlines: Zee moves NCLAT; Moody's upgrades outlook for 18 cos, banks
Business Standard brings you the top headlines on Wednesday
 "Top headlines: Zee moves NCLAT; Moody's upgrades outlook for 18 cos, banks")
Rupee, bonds continue to fall despite Moody's outlook revision to stable
The government and the RBI have been engaging with global bond index providers such as Bloomberg, JP Morgan and FTSE for inclusion of government bonds
 "Rupee, bonds continue to fall despite Moody's outlook revision to stable")
Moody's upgrades India's rating outlook to 'stable' from 'negative'
Retains lowest investment grade rating
 "Moody's upgrades India's rating outlook to 'stable' from 'negative'")
FinMin officials pitch for better sovereign rating outlook with Moody's
Finance Ministry officials and representatives of rating agency Moody's on Tuesday discussed economic growth prospects, during which India pitched for an upgrade in its sovereign rating outlook
 "FinMin officials pitch for better sovereign rating outlook with Moody's")
Moody's affirms Hyderabad Airport's Ba2 rating, negative outlook
The airport has a current design capacity of 12 million passengers per annum
 "Moody's affirms Hyderabad Airport's Ba2 rating, negative outlook")
Rating upgrade unlikely over 18-24 months for Hyderabad Airport: Moody's
Affirms ratings; retains negative outlook
Finance Ministry to seek ratings upgrade for India in meeting with Moody's
The meeting is scheduled for September 28, according to people familiar with the matter
 "Finance Ministry to seek ratings upgrade for India in meeting with Moody's")
Water stress poses credit risks for coal, mining and power sectors: Moody's
Water management is among the top environmental risks for countries and sectors in Asia, according to Moody's Investors Service.
 "Water stress poses credit risks for coal, mining and power sectors: Moody's")
Telecom relief package credit positive for Airtel, Jio, says Moody's
Moody's said the change in the AGR definition to exclude non-telecom revenue will ultimately boost sectorwide EBITDA
 "Telecom relief package credit positive for Airtel, Jio, says Moody's")
Climate change: Water risks highest in Asia, says Moody's report
The Moody's report said risks are more pronounced for water-intensive sectors like mining, agriculture and power
 "Climate change: Water risks highest in Asia, says Moody's report")
Moody's changes JSW Steel's rating outlook to positive, affirms Ba2
Moody's Investors Service has changed the outlook on JSW Steel Ltd and Periama Holdings LLC's ratings to positive from stable.
 "Moody's changes JSW Steel's rating outlook to positive, affirms Ba2")
Economic activity picking pace, further upside to growth likely: Moody's
Moody's Investors Service on Tuesday said the economic activity in India is picking up with the gradual easing of Covid restrictions
 "Economic activity picking pace, further upside to growth likely: Moody's")
Global growth rebound solidified, but spread of Delta poses risks: Moody's
Global growth rebound has solidified, but spread of delta variant poses risks, Moody's Investors Service said in its latest assessment of global economy as the pandemic continues.
Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Moody's on Monday rated Axis Bank's proposed additional tier I capital bonds, as part of its GMTN programme, three notches below its BCA and adjusted BCA, on the back of likelihoods of impairment.
 "Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds")
Moody's assigns B1(hyb) to Axis Bank's proposed AT1 capital securities
Moody's has assigned B1(hyb) rating to Axis Bank Ltd GIFT City branch's proposed USD-denominated, undated, non-cumulative and subordinated additional tier 1 (AT1) capital securities
 "Moody's assigns B1(hyb) to Axis Bank's proposed AT1 capital securities")
Moody's assigns Ba3 rating to Adani Green Energy's USD senior secured notes
Outlook is stable. AGEL will primarily use the proceeds to on-lend to its direct and indirect subsidiaries so they can fund the development of utility-scale renewable power projects
 "Moody's assigns Ba3 rating to Adani Green Energy's USD senior secured notes")
Moody's upgrades Vedanta's senior unsecured notes; outlook 'stable'
Moody's Investors Service has said it has upgraded Vedanta's senior unsecured notes to 'B3' from 'Caa1'.
 "Moody's upgrades Vedanta's senior unsecured notes; outlook 'stable'")
Moody's assigns 'Ba3' rating to HDFC Bank's AT1 dollar-denominated bonds
Country's largest lender State Bank of India has already raised capital through AT1 bonds from global markets
 "Moody's assigns 'Ba3' rating to HDFC Bank's AT1 dollar-denominated bonds")
