Moody’s stabilizes Indian infrastructure view

Moody’s Investors Service said it affirmed its ratings on 10 Indian infrastructure companies but revised their outlooks to stable from negative. The affirmations and outlook revisions follow the actions on Indian’s sovereign ratings on Tuesday.

The companies are NTPC Ltd., National Highways Authority of India, Power Grid Corp. of India Ltd., Gail (India) Ltd., Adani Green Energy Restricted Group, Adani Transmission Ltd., Adani Ports and Special Economic Zone Ltd., Adani International Container Terminal Private Ltd., Adani Electricity Mumbai Ltd. and Azure Power Solar Energy Private Ltd.

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