Thursday, November 28, 2019

ICRA downgrades Shapoorji Pallonji rating; outlook to negative

ICRA downgrades Shapoorji Pallonji rating; outlook to negative The developments come in the wake of reports about the Group exploring several options, including making Eureka Forbes public or selling stake in its engineering firm Forbes and Company to pay back the loans it had taken from the solar company Sterling Wilson Solar.

from Moneycontrol Business News https://ift.tt/37N7rma

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...