[ad_1] Moody’s Ratings has upgraded Vedanta Resources Limited’s (VRL) corporate family rating (CFR) to B2 from B3, indicating improved confidence in the company’s ability to meet its overall debt obligations. The rating for its senior unsecured bonds has also been raised to B3 from Caa1, which was previously considered a higher credit risk category. The […]
SEC’s WhatApp probe expands as Moody’s, S&P hit with fines – CNBC TV18
[ad_1] Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating companies failed to keep proper electronic communications — the latest fallout from US regulators’ so-called WhatsApp investigations. The Securities and Exchange Commission said Tuesday that Moody’s and S&P will each pay $20 million to […]