Ratings agency Moody's reportedly agrees to keep 20% stake in India's ICRA
13th Nov 2006, 15:33 GMT
KOLKATA (MarketWatch) -- Ratings agency Moody's Corp. (MCO) has agreed to a three-year lock-in of its 20% equity stake in ICRA Ltd. to boost the local ratings agencies proposed initial public offering, the Business Standard reported, quoting unnamed sources.
Ratings agency Moody's reportedly agrees to keep 20% stake in India's ICRA related news:
- Sugar output seen at 240 LT in 2007-08: ICRA — NewKerala Business India News
- IBM reportedly joins Citigroup bid for stake in Chinese lender — MarketWatch.com - Financial Services Industry News
- BCS Ratings 1-10 — FOXSports.com News
- Orascom open to dilute stake in Hutch — The Times Of India - India Business
- S&P: Ratings von ThyssenKrupp nicht von Dofasco-Votum betroffen — Finanztreff.de / NACHRICHTEN
- 3i Infotech acquires majority stake in US, Indian IT firms — NewKerala Business India News
- Citigroup to buy stake in Ansal API — The Times Of India - India Business
- Orascom Telecom open to dilute stake in Hutch International — NewKerala Business India News
- Reuters to syndicate blogs — ZDNet News - Front Door
- Zee to acquire 50 pc stake in Ten Sports for 256.5 cr — NewKerala Business India News
Latest news from MarketWatch.com - Financial Services Industry News:
- Busy week marked by Nymex, Kellogg Brown & Root and Hertz
- Dollar edges higher after last week's sell-off
- U.S. stock futures turn lower; crude, metals slide
- U.S. stock funds rally, but global managers look overseas
- IBM reportedly joins Citigroup bid for stake in Chinese lender
- Refinery Petroplus set to raise $2.16 billion via IPO
- ICAP managers bullish about Textron, Hess, Temple-Inland
- Financial sector mostly flat, Van der Moolen jumps
- Dollar higher after last week's selling; yen drops before GDP
- NY Mayor says no subsidies for Merrill to stay downtown