From THE HINDU group of publications
Sunday, April 23, 2000
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From THE HINDU group of publications Sunday, April 23, 2000 |
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Indian Rayon NCD rating steady
ICRA has reaffirmed the LAAA rating assigned to the non-convertible debenture programme of Indian Rayon and Industries. The rating reflects the steady cash flows generated by its diverse portfolio of businesses, strong competitive position in all its major businesses and low gearing resulting in reduced financial and business risk.
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