Edelweiss sues Moody’s for defamation

Mumbai: Edelweiss Financial Services has filed a $ 100 million (Rs 750 crore) defamation suit against global rating agency Moody’s Corporation at the Bombay High Court for misreporting its numbers in one of the rating firm’s investor reports. Edelweiss has also demanded another 100 crore for exemplary damages. On May 18, Moody’s published a report […]