Investment grade rating

Moody's assigns lowest investment grade rating to M&M

Moody's on Thursday assigned lowest investment grade rating, Baa3, to homegrown auto major Mahindra & Mahindra, although with a stable outlook.

Oct 08, 2015, 14:27 PM IST

S&P strips Russia of investment grade rating

Standard and Poor`s stripped Russia on Monday of its investment-grade rating, cutting it by one notch to `BB+` into speculative territory with a warning that growth prospects have weakened.

Jan 27, 2015, 00:42 AM IST