Indian companies' credit downgrades rising: Crisil

Dated:October 04,2011


Indian companies are seeing acclerated pace of credit downgrades while upgrades are slowing, as pressure on profitability mounts and demand moderates, rating agency Crisil said on Tuesday.

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I have merely stated that in my experience of over 20 yrs, talking to investors worldwide, most don't care about the way profits are made.


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