"The downgrade reflects elevated risk of debt restructuring over the next few months because VRL has not made any meaningful progress on re...

India, the world's second-largest crude steel producer, posted 11.4% growth in finished steel consumption during April-October to 65.5 mill...

"Tata Steel's well-laid-out capital allocation policy that prioritises debt reduction over capital expenditure and new investments undersco...

India's imposition of higher export tax on iron ore and various intermediate products such as pellets will raise costs for steel mills, Kau...

This rating action concludes the review for downgrade initiated on 26 March 2020.

The review for downgrade reflects our expectation that weak steel demand will strain JSW's credit profile, says Moody's.

Moody’s investor service on Thursday changed JSW’s outlook to ‘stable’ from ‘positive’ and affirmed the company's Ba2 rating on corporate f...

Given companies already have high levels of debt overall credit metrics are unlikely to improve.

Moody's said it expects India's steel consumption to grow at 5 per cent over the next two years.

The upgrade also reflects Vedanta’s effort to cut absolute debt levels following the merger of its subsidiary Vedanta with the group’s oil ...

JSW Steel on Tuesday posted a consolidated net profit of Rs 730 crore in the December quarter against net loss of Rs 709 crore logged in th...

The ratings of four Tata Group operating companies continue to benefit from an uplift from the group's main holding company, Tata Sons, des...

JSW Steel reported a net profit of Rs. 171.25 crore for the March quarter , nearly tripling from Rs. 62.38 crore in the year-ago period.

Tata Steel's plans to sell the UK business will help reduce pressure on the steelmaker's operating performance, Moody's Investors Service s...

Steel prices in India are expected to remain under pressure in the current fiscal, but the demand is expected to pick up with an uptick in ...

The domestic steel giant had reported a consolidated net loss of Rs 3,925.52 crore for fiscal year ended March 31, 2015 as against a net pr...

JSW remains focused on easing margin pressure through yield improvement, fuel efficiency, logistics and procurement, and shifts in road/rai...