Fitch says contagion risks loom over two Adani entities

[ad_1] Ratings agency Fitch said two Adani Group subsidiaries are exposed to “heightened contagion risks”, possibly affecting their financial flexibility, due to governance weakness at the parent conglomerate and other…

Indian corporates may see 10%-12% capex growth in FY24, says Fitch

[ad_1] Fitch Ratings on Tuesday said India’s structural demand visibility, supply-side measures and healthier corporate, bank balance sheets are likely to push capex up for the corporate sector over the…

Bursa carbon market carries out maiden trade

[ad_1] PETALING JAYA: Bursa Malaysia Bhd’s subsidiary, the Bursa Carbon Exchange (BCX), has carried out the nation’s inaugural carbon credit auction. In a statement yesterday, the stock exchange operator said…

Fitch downgrades and withdraws Signature Bank’s ratings

[ad_1] March 13 (Reuters) – Rating agency Fitch on Monday downgraded Signature Bank’s (SBNY.O) long-term corporate ratings to ‘D’ from ‘BBB+’ after state regulators closed the New York-based bank on…