How dare a Credit Agency downgrade a Co’s ratings when it has been pre-emptively fired?
Today Care Ratings downgraded Seya Industries
Seya Industries , not only did not inform the exchanges on 15th Oct about the downgrade but instead gave a blustering response.
Some stuff I am reading today morning:
Cabinet to consider splitting GAIL (ET)
IMF cuts India’s FY20 GDP growth forecast (BT)
Subhash Chandra scrambles to retain Zee (Mint)
Not a single 2000 Rs note printed in FY20 (MC)
True North’s home advantage (Forbes)
IPO Lessons for public market investors (Aswath Damodaran)
Bill Nygren Market Commentary Q319 (Oakmark Capital)
Learning from Chris Bloomstran (Masters Invest)
Graham & Doddsville Latest Issue (Columbia Business School)
UK’s best known fund manager shuts down shop (CNBC)
