Mumbai: Ratings agency Standard & Poor's affirmed India's sovereign rating at 'BBB-minus' with a 'negative' outlook, reiterating there was a one-in-three chances of a ratings downgrade over the next 12 months, a statement said on Friday.
S&P said the government's ability to prop up investment growth remained uncertain.
The ratings agency, however, said there was scope to upgrade the sovereign ratings if the government unleashes public and private investments to spur economic growth.
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04:12 PM, May 17, 2013
New York: A planned Windows 8 update to address complaints and confusion with Microsoft's new operating system will be made available for free this year, the company said Tuesday. Microsoft also announced a name for the update: Windows 8.1. Not charging extra for Windows 8.1 is consistent with the company's practice of offering "decimal point" updates to operating systems for free. However, when Microsoft Corp. announced the update last week,...
07:08 AM, May 15, 2013
New Delhi: At any given time, one would see a flurry of advertisements issued by different TV channels, all claiming to be number 1 at the same time. Now ratings agency TAM says that its data is being selectively used and misrepresented to make these tall claims. In an advisory issued last week, TAM has sent out guidelines on the correct usage of its data to all broadcasters. TAM, which...
09:43 AM, May 14, 2013
San Francisco: Microsoft is retooling the latest version of its Windows operating system to address complaints and confusion that have been blamed for deepening a slump in personal computer sales. The tune up announced Tuesday won't be released to consumers and businesses until later this year. The changes, part of a software package given the codename "Blue," are a tacit acknowledgment of the shortcomings in Windows 8, a radical overhaul...
12:45 PM, May 07, 2013
As the IPL enters its middle phase, the big question is whether the tournament remains as popular with the fans? The early viewership figures point towards a decline in ratings, although, industry experts don't sound too concerned. Sanjeeb Mukherjea and Rupha Ramani have the story. ...
11:04 AM, Apr 25, 2013
New Delhi: The Finance Ministry on Friday made a strong case for rating upgrade of Indian economy by global agency Fitch on the back of increasing investments, declining import of gold and government's commitment to fiscal prudence. The issue of rating upgrade was raised by Finance Ministry officials at a meeting with the representatives of Fitch here. The meeting was attended by Department of Economic Affairs Secretary Arvind Mayaram, among...
04:53 PM, Apr 12, 2013
Google Inc's Chrome and Android operating systems will remain separate products but could have more overlap, Executive Chairman Eric Schmidt said, a week after the two came under a single boss. ...
06:25 PM, Mar 21, 2013
The Finance Ministry feels there is a case for a rating upgrade of India by at least a notch or so and agencies like Standard & Poor's and Fitch would be conveyed this view when they visit India next month. "I strongly believe there is a case for S&P and Fitch to upgrade. Even if it is one only notch or two notch above, but certainly there is no case...
11:56 AM, Mar 17, 2013
Sony is already developing applications and tweaking the operating system to suit Indian market. ...
02:48 PM, Mar 09, 2013
India's 2013/14 budget unveiled last week offers a "realistic" plan to meet the country's fiscal deficit target, and should be a credit positive for its sovereign ratings, Moody's Investors Service said in a report on Monday. ...
11:35 AM, Mar 04, 2013
Is the Union Budget 2013-14 the right thing for India? Professor of Finance at Nottingham University Business School Sanjay Banerji shared his perspective in an interaction with IBNLive readers. ...
05:49 PM, Mar 01, 2013
Global rating agency Standard & Poor's on Thursday said the Union Budget for fiscal year 2013-14 will have no impact on the country's sovereign credit rating. "The latest budget details have no rating impact on our sovereign credit rating on India (BBB-/Negative/A-3)," S&P said in a statement. ...
06:17 PM, Feb 28, 2013
The junior league of smartphone operating systems is getting more competitive. Phones from yet another contender - Tizen - will go on sale this year with a view to eventually competing with the industry leaders, Apple's iOS and Google's Android. ...
08:21 AM, Feb 27, 2013
HP is unloading the webOS software it acquired through a $1.2 billion acquisition of Palm in 2010 to LG Electronics. ...
06:12 AM, Feb 26, 2013
The Supreme Court on Thursday upheld a decision to revoke the operating licences of several mobile phone companies after police said the sale of the licences was tainted by corruption. ...
02:40 AM, Feb 15, 2013
The Obama administration on Tuesday accused Standard & Poor's of refusing to warn investors that the housing market was collapsing in 2006 because it would be bad for business. The civil charges against the credit rating agency were the administration's most aggressive action to date against those deemed responsible for contributing to the worst financial crisis since the Great Depression. They followed years of criticism that the government had failed...
08:42 AM, Feb 06, 2013
Leading IT security solutions provider Quick Heal Technologies said it has tied up with Japanese mobile operator SoftBank Mobile Corp to provide anti-virus software to mobile phones. ...
01:01 PM, Feb 03, 2013
Research In Motion (RIM) is all set to introduce its innovative line of smartphones this week starting with Blackberry 10 on Wednesday. Analysts say this is RIM's last chance to stay in the game. ...
09:18 AM, Jan 30, 2013
RIM has teetered on the brink of irrelevance and is gambling its survival on the much-delayed BlackBerry 10. ...
06:46 AM, Jan 30, 2013
A handful of brokers upgraded their views on IT outsourcer Infosys Ltd after better-than-expected earnings on Friday spurred a nearly 17 per cent rally in its shares, although some company watchers remain unconvinced it has turned the corner after a string of disappointing quarters. ...
12:41 PM, Jan 14, 2013
