India & S&P Global Ratings

India: India is a key market for Prism Hotels and Resorts, with its company-serviced hotel business expanding significantly within the country.

S&P Global Ratings: S&P Global Ratings revised Prism Hotels and Resorts' outlook to 'Positive' from 'Stable', affirming its 'B' issuer credit rating due to improving profitability and the expected IPO impact.

India: Adani Ports & Special Economic Zone's S&P credit rating is now at par with India's sovereign rating, indicating strong financial health within the national context.

S&P Global Ratings: S&P Global Ratings upgraded Adani Ports & Special Economic Zone's long-term issuer credit rating to 'BBB' from 'BBB-', citing robust cash generation and ability to fund expansion while maintaining healthy leverage. This upgrade complements the ESG rating improvement.

S&P Global Ratings: S&P Global Ratings issued a report assessing India's economic resilience to a sustained oil price shock, providing stress scenarios and forecasts for various economic indicators.