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Published on 11/8/2019 in the Prospect News Emerging Markets Daily.

Moody’s changes views on seven Indian companies

Moody’s Investors Service said it changed the outlooks for seven infrastructure sovereign-linked Indian companies to negative from stable. The changes follow Moody’s change in the sovereign outlook to negative from stable.

The companies are NTPC Ltd., NHPC Ltd., National Highways Authority of India, GAIL (India) Ltd., Power Grid Corp. of India Ltd., Adani Green Energy Restricted Group and Adani Transmission Restricted Group.


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