The global equity research firm said in its weekly market analysis newsletter that investors' concern over commodity prices are overblown, while no fresh rate hikes are likely in the coming months.
Global equity research firm Standard & Poor's has projected a significant jump in the American Depository Receipts
International rating agency Standard & Poor's on Thursday lauded India's competitiveness in information technology, business process outsourcing and telecom sectors
Infosys Technologies Ltd has become the first company in India to obtain BBB rating, higher than the country's sovereign rating (BB+/Stable/B), from global credit rating agency Standard & Poor's, reflecting the company's strong financial profile.
Standard & Poor's Ratings Services, the international rating agency, has said that India is the second-fastest growing economy in the world with an average growth rate of more than 8 per cent over the past three years.
Competition in the cellular market, including the capital, could soon be hotting up with the Department of Telecom clearing a proposal to issue letter of intent to mobile operator Aircel in eight of the 11 circles it had applied for licences.
Global ratings agency Standard & Poor's on Tuesday raised its long-term foreign currency rating of India by one notch to 'BB+', with a stable outlook, reflecting the country's improved external position and growth prospects.
International rating agency Standard & Poor's Ratings Services on Monday revised its outlook on India's 'BB' long-term foreign currency rating to positive from stable, based on the improving external position.
Standard & Poor's has revised the outlook on India's 'BB' long-term foreign currency rating from negative to stable, reflecting the improving external finances.
Global rating agency Standard & Poor's on Thursday warned Asia may see lower growth this year due to adverse impact of oil price pressure and tsunami, but said India will be an 'exception.'
Warning India of high fiscal deficit and debt burden, global rating agency Standard & Poor's said the country was unlikely to sustain high growth as was achieved by East Asian tiger economies.
International rating agency Standard & Poor's has become the majority shareholder of Indian credit rating agency Crisil Ltd with 58.5 per cent stake, after it acquired 49.07 per cent shares during its recent open offer.
HCL Technologies on Thursday announced a multi-year, multi-million dollar IT co-sourcing contract with AMD for the personal and networked computer and communications markets.
India welcomed resolution of the political crisis in Sri Lanka and exuded confidence that relations between the two countries will continue to move on in an upward trajectory.
Rating agency expects current account deficit to remain at a modest 1.4% at end of FY16 and stay at similar level till 2018
Most private companies are not initiating large projects.
India plans to phase in cash transfers of food and kerosene subsidies from September, saving 10-15 per cent of the $21 billion in annual outlays on the benefits by eliminating fraud, a senior finance ministry official said on Thursday.
Global rating agency Standard & Poor's on Tuesday announced that it intends to become a majority shareholder in CRISIL Ltd by making a voluntary conditional open offer of Rs 680 per share.
International rating agency Standard & Poor's on Monday said India's rating can improve if the new government reduces fiscal deficit and continues reforms to maintain a high economic growth.
The rupee had ended 13 paise higher at 60.92 against the greenback in Wednesday's trade following sustained dollar selling by exporters.
Crisil Real Estate Ratings provide city specific all-round assessment of real estate projects and help buyers benchmark and identify quality projects within their cities.
The new government, which will be required to boost investments and promote growth, will be presenting a regular Budget after completion of the electoral process.
The rupee had retreated from three-week high and ended six paise down at 60.67 against the dollar on demand from importers for the US currency in Thursday's trade.
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.
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