ratings downgrade

India Ratings Downgrades SWREL to Default Grade

In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications.   According to India Ratings, the key […]

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