HALISTER1: INDIA RATINGS: Hombale Constructions, Madhav Copper Raised

INDIA RATINGS: Hombale Constructions, Madhav Copper Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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UPGRADES
  • Hombale Constructions and Estates
    • Long-term rating raised to BBB from BBB- at Crisil
    • Cites sustainable improvement in business- risk profile, supported by increase in turnover and orderbook
  • Madhav Copper
    • Long-term rating raised to BB from BB- at Crisil
    • Cites improved financial-risk profile due to equity infusion

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
9265033Z IN (Eastman Cast & Forge Ltd)
MTPL IN (Manjushree Technopack Ltd)

Topics
Emerging Mkts News, Analysis

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UUID: 7947283

HALISTER: Toshiba Picks INCJ Group as Preferred Bidder for Chips

Toshiba Picks INCJ Group as Preferred Bidder for Chips

(Bloomberg) -- Toshiba board has decided to give preferred bidding rights to a group including government-backed fund INCJ, Bain, DBJ for the sale of its chip business.
  • Toshiba board met in Tokyo this morning

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
17155Z US (Silver Lake Management LLC)
6502 JP (Toshiba Corp)
AVGO US (Broadcom Ltd)
2317 TT (Hon Hai Precision Industry Co Ltd)
KKR US (KKR & Co LP)

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UUID: 7947283