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cheap jerseys May 04, 2020 07:42 PM IST Rights issue credit positive for Reliance Industries; to result in debt reduction: Moody’s In addition, RIL also announced that it has started the process to carve out its oil to chemical (O2C) business as a separate subsidiary in order to facilitate the previously announced 20 per cent stake sale in that business to Saudi Arabian Oil Company (Saudi Aramco).April 30, 2020 10:38 PM IST Defaults among fragile emerging market firms set to rise: Moody’s “The global spread of the coronavirus has led to business closures and restrictions on social interactions in many countries,” Moody’s said in a report.April 28, 2020 10:56 PM IST Moody’s slashes economic and oil forecasts again Moody’s individual country forecasts included a 5.7 percent slump in the United States, 6.5 percent plunges in both Japan and the euro zone and 7 percent and 8.2 percent ones in Britain and Italy.April 21, 2020 01:49 PM IST Coronavirus pandemic: Moody’s says loan moratorium may lead to greater build up of credit losses for banks In a report on Asia Pacific region, Moody’s on Tuesday said while policy stimulus will shore up credit quality for larger companies in sectors, including airline and oil and gas, Asia’s banking sector profitability will also decline from deteriorating asset quality and lower net interest margins.April 19, 2020 06:55 PM IST RBI measures for NBFCs unlikely to boost credit flow to broader economy: Moody’s Moody’s Investors Service Vice President (Financial Institutions Group) Alka Anbarasu said the measures will soften the near term credit negative impact on non banking financial companies’ (NBFCs) funding and liquidity.April 13, 2020 06:30 PM IST NBFCs feel COVID 19 lockdown heat: Moody’s cracks the whip on three firms The Indian NBFC industry has been affected given disruptions to economic activity from the coronavirus outbreak, which will weaken these companies’ credit profiles, Moody’s said.April 02, 2020 10:30 AM IST Coronavirus impact: Moody’s changes outlook on Indian banks to negative Moody’s said Banks’ asset quality will deteriorate across the corporate, small and medium enterprises and retail segments, leading to pressure on profitability and capital.March 30, 2020 07:25 PM IST South Africa’s rand crashes to all time low after Moody’s pulls the plug Moody’s downgrade will see South Africa kicked out of the benchmark World Government Bond Index (WGBI) of local currency debt at the end of April, triggering up to $12 billion of forced selling, treasury and analysts estimate.March 26, 2020 09:20 AM IST SoftBank criticises Moody’s after two notch downgrade Moody’s said it was reviewing SoftBank for a further downgrade as the tech conglomerate moves to sell down core parts of its portfolio to offset the weak performance of its tech bets.March 25, 2020 04:30 PM IST Rating Agency Moody’s downgrades Indiabulls Housing Finance with negative outlook The downgrade and negative outlook reflect our expectation that Indiabulls’ access to funding will remain challenging for longer than expected, said Moody’sMarch 18, 2020 05:20 PM IST Coronavirus pandemic Moody’s downgrades outlook for shipping to negative due to COVID 19 pandemic Moody’s expects the EBITDA of rated shipping companies to decline by around 6 10 percent in 2020 compared with EBITDA growth of almost 40 percent in 2019.March 18, 2020 11:20 AM IST Moody’s lowers global base metals industry outlook to negative “Our outlook for the global base metals industry is negative. 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