Fitch affirms Indian Oil Corp at ‘BBB-’; outlook stable

New Delhi: Credit rating agency Fitch Ratings has affirmed Indian Oil Corp Ltd’s (IOC) long-term foreign-currency…

SEBI orders closure of Brickwork Ratings in six months

The regulator cited failure on the part of the rating agency to “exercise due skill, care…

SEBI tightens disclosure rules for rating agencies

The Securities and Exchange Board of India has extended the rules on disclosure by credit rating…

Higher ATF prices, rupee depreciation may threaten recovery of domestic carriers: Report

“In India, ATF is around 45% of the operating cost of an airline. In addition, 35-50%…

Think Twice Before Taking Credit Rating Agency Public

Just imagine this situation: A senior rating professional at a credit-rating company is asked to leave…

Regulator to cancel license of brickwork

India’s market regulator is about to take unprecedented punitive action and revoke the license of credit…