Indian companies are boosting their credit profiles by divesting stake in businesses and selling assets or using their free operating cash flows to reduce debt, Standard & Poor's said on Wednesday.......
Anaemic demand and high debt are the main constraints for credit profiles of Indian companies as overall economic conditions remain lacklustre in the country, credit rating agency S&P said on......
The recent cancellation of coal block allocations by the Supreme Court provides an opportunity for the government to reform the process of awarding coal mines in the country, S&P said on Wednesday.......
The rupee's recent fall is likely to support the profits of about 70 per cent of the companies rated by rating agency Standard & Poor's (S&P).In a report on the rupee's depreciation, S&P said,......
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note. Sagging crude oil and commodity prices have resulted in the market value of the London-listed Vedanta......