{"id":614044,"date":"2023-11-01T10:39:48","date_gmt":"2023-11-01T05:09:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=614044"},"modified":"2023-11-01T10:40:47","modified_gmt":"2023-11-01T05:10:47","slug":"are-threats-for-reliance-from-israel-hamas-war-likely-disneys-india-asset-buy-too-strong","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/are-threats-for-reliance-from-israel-hamas-war-likely-disneys-india-asset-buy-too-strong\/","title":{"rendered":"Are threats for Reliance from Israel-Hamas war &amp; likely Disney&#8217;s India asset buy too strong?"},"content":{"rendered":"<p>Reliance Industries&#8217; credit metrics may worsen somewhat in the second half of this fiscal year, as higher oil prices due to the Israel-Hamas war will affect O2C margins while the oil-to-OTT conglomerate may finalise the mega acquisition of Disney&#8217;s India media assets as early as next month, according to CreditSights.<\/p>\n<p>&#8220;We expect Reliance\u2019s credit metrics to worsen slightly through F2H24 as weaker O2C margins, sizable organic capex (telecom, retail, renewables), and a large potential acquisition of Disney\u2019s India media assets may outweigh continued strong EBITDA generation from the telecom and retail businesses,&#8221; CreditSights, a Fitch-owned agency, wrote in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries&#8217; credit metrics may worsen somewhat in the second half of this fiscal year, as higher oil prices due to the Israel-Hamas war will affect O2C margins while the oil-to-OTT conglomerate may finalise the mega acquisition of Disney&#8217;s India media assets as early as next month, according to CreditSights. &#8220;We expect Reliance\u2019s credit metrics to worsen slightly through F2H24 as weaker O2C margins, sizable organic capex (telecom, retail, renewables), and a large potential acquisition of Disney\u2019s India media assets may outweigh continued strong EBITDA generation from the telecom and retail businesses,&#8221; CreditSights, a Fitch-owned agency, wrote in a note.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-614044","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=614044"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614044\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=614044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=614044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=614044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}