‘AAA’
for Tata Sons debentures
Financial Express - May 15, 2003
The Credit Rating and Information Services of
India (Crisil) has assigned a triple-A rating
to Tata Sons Rs 75 crore debenture issue. "The
ratings continue to reflect Tata Sons leading
business position in the Indian software industry
through its division, Tata Consultancy Services
as well as its significant financial flexibility
arising from its status as the principal-holding
company of the large and diversified Tata Group",
Crisil said.
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