Tag: downgrade
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Infosys gets first Morgan Stanley downgrade in four years; ADRs extend decline
US-listed shares of Infosys fell for the second consecutive day on Tuesday (March 11) after Morgan Stanley downgraded the IT firm to 'equal-weight' from...
After Goldman Sachs downgrade, S&P Global forecasts US economic slowdown till 2027
The US economy is set to slow further, with S&P Global Market Intelligence forecasting GDP growth to decline from 2.8% in 2024 to 1.9%...
Gensol Engineering to cut debt with asset sales amid rating downgrade concerns
Gensol Engineering Ltd (GEL) on Wednesday said proceeds from the series of asset divestments will be used to reduce debt as it looked to...
Gensol Engineering falsified documents on debt servicing, ICRA alleges post downgrade
Ratings agency ICRA has downgraded its rating on Gensol Engineering Ltd. to D, following feedback received from the company's lenders about the ongoing...
