HALISTER1: Indian Banks' Chalice Boils Over With Note-Ban Poison: Gadfly

Indian Banks' Chalice Boils Over With Note-Ban Poison: Gadfly

Alert: HALISTER1
Source: BG (Bloomberg Gadfly)

Tickers
AXSB IN (Axis Bank Ltd)
BOB IN (Bank of Baroda)
BOI IN (Bank of India)
CBOI IN (Central Bank of India)
HDFCB IN (HDFC Bank Ltd)

People
Narendra Modi (Republic of India)
Raghuram Rajan (Bank for International Settlements)
Urjit Patel (Reserve Bank of India)

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UUID: 7947283

HALISTER: Trump Said to Pick Exxon Mobil’s Tillerson as Secretary of State

Trump Said to Pick Exxon Mobil’s Tillerson as Secretary of State

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
XOM US (Exxon Mobil Corp)

People
Donald Trump (United States of America)
Rex Tillerson (Exxon Mobil Corp)
Alan Mulally (Ford Motor Co)
Barack Obama (United States of America)
Dana Rohrabacher (United States House of Representatives)

Topics
Bloomberg Politics

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UUID: 7947283

(2) *EXXON MOBIL CEO TILLERSON SAID TO BE TRUMP'S PICK FOR STATE

*EXXON MOBIL CEO TILLERSON SAID TO BE TRUMP'S PICK FOR STATE

--MICHAEL SHEPARD
Alerts: HALISTER, HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
XOM US (Exxon Mobil Corp)

People
Donald Trump (United States of America)
Rex Tillerson (Exxon Mobil Corp)

Topics
Bloomberg Politics

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UUID: 7947283

HALISTER: Trump Selects Exxon CEO Tillerson to Be Sec. of State: AP

Trump Selects Exxon CEO Tillerson to Be Sec. of State: AP

(Bloomberg) -- President-elect Donald Trump has selected Exxon Mobil CEO Rex Tillerson to lead State Dept., AP reports, citing two people close to Trump’s transition team.
  • NOTE: Trump said earlier he’ll announce pick Tuesday morning; see related story
  • NOTE: Earlier Monday, 2012 GOP presidential nominee Mitt Romney said in Facebook post that it was an “honor” to be considered for the role; Romney had been on shortlist for job
  • Earlier: Senators Balk at Tillerson Over Putin Before He’s Nominated
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
XOM US (Exxon Mobil Corp)

People
Donald Trump (United States of America)
Rex Tillerson (Exxon Mobil Corp)
Willard Romney (Solamere Group LLC)

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UUID: 7947283

HALISTER1: INDIA RATINGS: Bhilangana Hydro Raised; Bhagawati Cools Cut

INDIA RATINGS: Bhilangana Hydro Raised; Bhagawati Cools Cut

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
  • To get this story sent to your inbox real-time, run NI INRATINGS , click on Display & Edit, then Set Alert Delivery
DOWNGRADES
  • Bhagawati Cools
    • Long-term bank facilities cut to B+ from BB- at CARE
    • Cites decline in total operating income and deterioration of financial risk profile
  • Ahuja Automobiles
    • Long-term bank facilities cut to D from BB- at CARE
    • Cites delays in debt servicing due to stretched liquidity
UPGRADES
  • Bhilangana Hydro Power
    • Long-term bank facilities and NCDs raised to A- from BBB+ at CARE
    • Cites improvement in financial risk profile in FY16 and first-half of this financial year, supported by growth in revenues, profitability and cash accruals
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
0930257D IN (Fomento Resources Pvt Ltd)
0180385D IN (Gopsons Papers Ltd)
0198055D IN (KV Aromatics Pvt Ltd)
47588Z IN (Tata Sons Ltd)

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UUID: 7947283