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S&P upgrades TCS, Infosys, Wipro credit rating

Rating agency Standard & Poor's on Friday revised upwards the long-term corporate credit ratings of software majors TCS, Infosys and Wipro to 'A' from 'BBB+.' However, it retained the negative......

The 15 Euro nations that face a downgrade

Citing increased systemic risk in the region, Standard & Poor's has placed the sovereign ratings of 15 euro zone nations, including AAA-rated Germany and France, under 'CreditWatch' implying the......

US credit rating takes a major hit

In an unprecedented move, credit rating agency Standard & Poor's downgraded the US government's 'AAA' sovereign credit rating - a development which raises concerns that investors will lose......

Ratings agencies downgrade Vedanta

Standard & Poor's Ratings Serviceshas said that it has placed its earlier 'BB' long-term corporate credit rating on London-based metals and mining company Vedanta Resources Plc, and the rating on......

Corus deal: CSN ready for price game with Tatas

The battle for control of Anglo-Dutch steel company Corus Group may turn fierce, with Brazil's Companhia Siderurgica Nacional (CSN) indicating that it will engage in a price war with Tata Steel if......

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