HALISTER1: INDIA RATINGS: United Seamless Cut; Patanjali Ayurved Raised

INDIA RATINGS: United Seamless Cut; Patanjali Ayurved Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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DOWNGRADE
  • United Seamless Tubulaar
    • Bonds cut to D from BB at ICRA
    • Cites delays in debt-servicing on its bank facilities
UPGRADES
  • Kapoor Industries
    • Fund-based limits raised to A+ from A at ICRA
    • Cites improvement in operational, financial risk profile
  • Patanjali Ayurved
    • Fund-based limits raised to A+ from A- at ICRA
    • Cites robust revenue growth
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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UUID: 7947283

HALISTER: ‘Cartel’ Group Currency Traders Charged in Market-Rigging Case

‘Cartel’ Group Currency Traders Charged in Market-Rigging Case

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
BARC LN (Barclays PLC)
JPM US (JPMorgan Chase & Co)

People
Christopher Ashton (Barclays Capital Securities Ltd)
Richard Usher (JPMorgan Chase Bank NA/London)

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UUID: 7947283

(2) *EX-JPMORGAN, CITIGROUP, BARCLAYS TRADERS CHARGED IN FX PROBE

*EX-JPMORGAN, CITIGROUP, BARCLAYS TRADERS CHARGED IN FX PROBE

Alerts: HALISTER, HALISTER1
Source: BN (Bloomberg News)

Tickers
C US (Citigroup Inc)
JPM US (JPMorgan Chase & Co)
BARC LN (Barclays PLC)

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UUID: 7947283