Shares of Vedanta Limited fell 5 per cent to Rs 253 in early trade on January 10 after Moody’s Investors Service downgraded the company’s corporate family rating and senior unsecured bonds. The rating agency downgraded Vedanta Resources’ CFR to Caa3 from Caa2 and its senior unsecured bonds to Ca from Caa3, while maintaining its negative rating outlook. Vedanta Resources is …
New Delhi: The shares of Yes Bank Ltd, on Friday fell nearly 7%, a day after ratings agency Moody’s Investors Service placed the lender’s ratings under review with the direction uncertain. Moody's placed Yes Bank's long-term foreign currency issuer rating of B2 under review, with the direction uncertain. It further placed bank’s long-term foreign and local currency bank deposit ratings …
