
Wednesday, July 7, 1999
Crisil reaffirms BBB+ rating for RPL's Rs 640-crore NCD issue
The Credit Rating Information Services of India Ltd (Crisil) has reaffirmed the `BBB+' rating assigned to Reliance Petroleum Ltd (RPL)'s Rs 640-crore non-convertible debenture (NCD) programme.
Air India shelves plan to place Rs 100-cr bonds
Air India has put on hold its plans to raise Rs 100 crore through the private placement of bonds as the recent cost-cutting measures have led to a marginal improvement in the financial position.
Moody's reaffirms Ba2 rating on banks' foreign-currency bonds
Moody's Investor Service has reaffirmed the `Ba2' rating as the sovereign ceiling on long-term foreign currency bonds and notes issued by Indian banks.
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