Indian Renewable Energy Development Agency Ltd. (IREDA) today received an upgrade in its longterm issuer credit rating from S&P Global Ratings, moving to ‘BBB’ from ‘BBB–’, with Stable Outlook. The short-term rating has also been revised to ‘A-2’ from ‘A-3’ This upgrade brings IREDA’s international credit rating in line with India’s sovereign credit rating, underscoring […]
India is a ripe target for electric vehicle firms as the third-largest auto market in the world, said a report by S&P Global Ratings New Delhi : India is a ripe target for electric vehicle firms as the third-largest auto market in the world but due to slow domestic take-up, no Indian company is likely […]
S&P Global Ratings has assigned CIFI Holdings (Group) Co. Ltd. (CIFI)’s US$500 million green bond a Green Transaction Evaluation score of E1/86. This is the highest score available under the E1-E4 scale. CIFI primarily engages in property development and investment, requiring all properties to meet at least the national one-star green building standard. This is […]