CREDIT RATING : CARE RATINGS - One of India’s Premier Credit Rating Agency

CARE assigns ‘PR1+’ rating to the CP/NCD issue of Reliance Communications Ltd. CARE assigns ‘PR1+(SO)’ ratings to the Bank Facilities of Macronet Mercantile Pvt. Ltd. CARE assigns ‘PR1+(SO)’ ratings to the Bank Facilities of Reliance Big TV Ltd. CARE assigns ‘PR1+(SO)’ ratings to the Bank Facilities of Reliance Webstore Ltd. CARE assigns ‘PR1+(SO)’ ratings to the Bank Facilities of Reliance Communications Infrastructure Ltd. CARE assigns ‘PR1+(SO)’ ratings to the Bank Facilities of Haryana Cybernet Pvt. Ltd. CARE assigns ‘BBB-’ and ‘PR 3’ ratings to the bank facilities of Sai Infosystem (India) Ltd. CARE assigns ‘BBB-’ rating to the Bank Facilities of Gati Infrastructure Ltd. CARE upgrades ratings to the Bank Facilities of Banswara Syntex Ltd. CARE assigns ‘ BBB-’ ratings to the Bank Facilities of Keerthi Industries Ltd.

Credit Analysis & Research Ltd. (CARE Ratings) is a full service rating company that offers a wide range of rating and grading services across sectors. CARE has an unparallel depth of expertise. CARE Ratings methodologies are in line with the best international practices.

CARE Ratings has completed over 6678 rating assignments having aggregate value of about Rs.19,523 bn (as at September 30, 2009), since its inception in April 1993. CARE is recognised by Securities and Exchange Board of India (Sebi), Government of India (GoI) and Reserve Bank of India (RBI) etc.

CARE has seven offices in India located at - Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Bangalore and Ahmedabad.

More >>