‘Indian firms under pressure’ | business | Hindustan Times
Today in New Delhi, India
May 26, 2017-Friday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

‘Indian firms under pressure’

Moody’s Investors Services on Thursday said high funding costs will put pressure on margins of top Indian companies, particularly those challenged by slower growth prospects.

business Updated: Sep 12, 2013 23:06 IST
HT Correspondent
Moody’s Investors Services

Moody’s Investors Services on Thursday said high funding costs will put pressure on margins of top Indian companies, particularly those challenged by slower growth prospects.

Further, a depreciation of the rupee will lead to revaluation of debt issued in US dollars, which in turn could put pressure on some contracts.