The rating outlook change is relevant now, as the US Federal Reserve is set to end its monthly bond-buying programme in October.
Gupta, 66, is currently serving his prison term.
Gupta occasionally runs into his one time friend-turned foe Rajaratnam, also serving an 11-year prison term on insider trading charges in the same facility.
The Finance Ministry has filed the offer document with market regulator Securities and Exchange Board of India for the Central Public Sector Enterprises ETF, which could fetch the exchequer about Rs 3,000 crore (Rs 30 billion).
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Alibaba will acquire 25 per cent stake in One97 Communications.
Find out how Lavanya Ashok, vice president and executive director private equity at Goldman Sachs is inspiring other women to follow their dreams too.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Analysts expect Bajaj Auto to perform well in Q1.
Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.
Adani intends to ship most of the coal from the mine to India.
So many films have been made with Muslim characters. But how many have actually got them right?
The Fortune's 40 under 40 list for this year was topped by Adam Neuman, Co-founder and CEO, WeWork.
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Oil prices have already fallen over 70 per cent since the downturn began in mid-2014.
The broader markets are, however, outperforming the larger peer.
India is its second-biggest market in terms of geographical presence
Demonetisation impact, earnings growth, central bank policies will get attention.
The FT report said the existence, size and investments of the highly profitable internal trading fund, which was set up three decades ago, have until now remained largely unknown outside a circle of former and current insiders.
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
New series points to a sharp recovery since FY14.