Sp Global

S&P affirms BBB plus rating of Reliance Industries on disciplined spending, resilient earnings

Rating agency S&P Global has affirmed its 'BBB+' rating with a stable outlook on Reliance Industries (RIL), saying the company's leverage is poised to improve and stabilise over the next 12-24 months owing to disciplined spending, asset monetisation, and resilient earnings

Rs 1-lakh cr recapitalisation is credit positive but PSU banks need to better overall governance: S&P

The finance ministry will raise Rs 80,000 crore through recapitalisation bonds and provide another Rs 8,139 crore from the budget

S&P Global assigns 'BBB-' rating to NTPC's masala bonds

The rating on NTPC will move in tandem with the sovereign credit rating on India