Moody's affirms rating of Oil India and outlook changed to stable

Moody's has affirmed the Baa3 long-term issuer rating of Oil India Limited (OIL) and the outlook has been changed to stable from negative in line with the change in sovereign outlook.

Moody's revise credit rating outlook of IndianOil and

Moody's has upgraded the credit rating outlook of IndianOil's debt instrument viz. 'Senior Unsecured Debt - Foreign Currency' from "Baa3 Negative" to "Baa3 Stable", in line with the change in outlook of the Sovereign rating.

Moody's revises rating outlook of HPCL's USD denominated notes

Moody's Investors Service, an international credit rating agency for Foreign Currency (USD) denominated notes, has  revised the Long Term Issuer Default Rating outlook of Hindustan Petroleum Corporation Limited to "Stable" from "Negative". The rating is retained at Baa3.

Ind-Ra upgrades rating of Reliance Chemotex Industries

India Ratings and Research (Ind-Ra) has upgraded Reliance Chemotex Industries Limited's (RCIL) Long-Term Issuer Rating to 'IND BBB' from 'IND BBB-'. The Outlook is Stable.

Promoter to reduce stake in INEOS Styrolution India

INEOS Styrolution APAC Pte. Ltd. (a member of INEOS Group) currently the promoter holding 75% shareholding interest in INEOS Styrolution India Ltd, a publicly listed company in India, has notified of its intention to reduce its shareholding in INEOS Styrolution India Limited.