CARE assigns ‘AAA(Is)’ rating to Issuer rating of Tata Communications Ltd.     CARE assigns ‘AAA’ rating to the proposed NCD programme of LIC Housing Finance Ltd. and reaffirms the existing ratings.     CARE reaffirms the rating assigned to various issues of Housing & Urban Development Corporation Ltd.     CARE assigns ‘A-’ & ‘PR2+’ rating to Bank Loan Facilities of Supernova Engineers Ltd.     CARE assigns ‘PR1+’ rating to the ST bank loan facilities of The Cotton Corporation of India Ltd.     CARE reaffirms the rating assigned to various NCD issues of Era Infra Engineering Ltd.     CARE assigns ‘IPO Grade 2’ to Gemini –Engi Fab Ltd.    CARE assigns ‘BBB+’ & ‘PR2’ ratings to the bank loan facilities of ABC India Ltd.     CARE assigns ‘A+’ & ‘PR1’ ratings to the bank loan facilities of Seshasayee Paper & Boards Ltd.     CARE assigns ‘BBB+’ & ‘PR2’ ratings to the bank loan facilities of MSP Sponge Iron 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 4677 rating assignments having aggregate value of about Rs 12699 billion (as at June 2008), 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.
 
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Sunday, October 12, 2008
CARE assigns ‘AA’ rating to Secured Bond issues of Srei Equipment Finance Pvt. Ltd. and reaffirms rating of outstanding issues
CARE assigns ‘AA’ rating to Secured Bond and ‘AA’ & ‘PR1+’ rating Bank Loan Facilities of Srei Infrastructure Finance Ltd. and reaffirms rating of outstanding issues
CARE revises the ratings assigned to various issues of Spentex Ind. Ltd.
CARE reaffirms the rating assigned to NCD issue of OCL India Ltd.
CARE assigns ‘AAA’ rating to LT Borrowing programme of Power Grid Corporation of India Ltd. & ‘PR1+’ rating to ST Bank Loan Facilities.
CRR reduction to restore confidence in credit market [10/10/2008]
Rising raw material and energy prices coupled with high inflation will pressure margins of Indian steel companies. [01/08/2008]
Analysis of First Quarter Review of the Annual Monetary Policy for 2008-09 [29/07/2008]
CARE’s Expectations from RBI’s First Quarter Review of the Annual Credit Policy for 2008-09 [18/07/2008]
Structured Finance - ABS & MBS pool Performance Update - July 2008. [16/07/2008]
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