Moody’s upgrades Reliance Industries rating to Baa1, now 2 notches above India’s sovereign rating

The ratings agency said Reliance benefits from “counter-cyclical business segments, significant international exposure (with over one-third of revenues derived from exports), and limited reliance on government-linked revenues,” which support its ability to generate stable earnings across business cycles.

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Sebi moves to standardise consent rules for AIFs

Securities and Exchange Board of India (Sebi) is proposing significant governance changes for alternative investment funds. The regulator aims to standardize investor consent, enhance oversight