First, it was Moody’s investor services in 2003, then came the Fitch ratings in 2006 
and Standard & Poor (S&P) is the latest to join the party. Recently, S&P upped India’s sovereign rating from ‘speculative’ to ‘investment’ grade for the first time since 1991. Sovereign rating indicates the capability of a country to repay its long term debts. Upgrade in sovereign rating will translate into higher inflow of capital flows and might also pave the way for better deals (read, low interest rates) for Indian companies which are eyeing international markets for funds.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative
and Standard & Poor (S&P) is the latest to join the party. Recently, S&P upped India’s sovereign rating from ‘speculative’ to ‘investment’ grade for the first time since 1991. Sovereign rating indicates the capability of a country to repay its long term debts. Upgrade in sovereign rating will translate into higher inflow of capital flows and might also pave the way for better deals (read, low interest rates) for Indian companies which are eyeing international markets for funds.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative
Read more IIPM articles:-
- The accidental tourist
- The CEO's back
- A world free of poverty, illiteracy...& nuclear fears
- Ho Lee Yew, it's a contest!
- The globalization bomb; and the after effects
- The premature demise of the WTO need not distress Indians; it could be good news
- Goede Oud Netherlands
- A saving(s) grace!
- Goldammit! Dollar's dying;India & China smiling?
- Chinese whisper!
- 'Tis a Fruitful Summer'
- The Amazon... it's clear!
- It's a six, off the field too!
- Victoria Peak: Vantage point to the vaunted wonders!
- Silver Lining & Dark Clouds
- Ryanair charges Unfair France
- MTN calling on Arabian nights
- Tata Tea sips a Czech flavour
- Lock, stock and barrel
- You've got a ticket to ride: on self-confidence
- Triumvirate Ambanis, Reliance's Famed Fables!
- Rupert Murdoch, the True Mogul of Media
- Richard Branson, The Virgin Knight
- Tata Motors - Royalty in The Waiting
