India's ICRA shares fall after CEO placed on leave amid probe

India's ICRA shares fall after CEO placed on leave amid probe

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, December 11, 2018. REUTERS/Francis Mascarenhas/Files

Shares in ICRA Ltd, the Indian unit of Moody’s Investors Service, fell on Tuesday after the credit rating agency sent its chief executive officer on leave because of a probe into a ratings decision it took last year.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter