CRISIL Limited Corporate Overview CRISIL - Making Markets Function Better Crisil Businesses

Total Page:16

File Type:pdf, Size:1020Kb

CRISIL Limited Corporate Overview CRISIL - Making Markets Function Better Crisil Businesses Ready for the next level. 6,000 mark in credit ratings. 17,500 SME 11 of the world’s top 15 investment are Irevna’s clients. Strong growth in Polish and Argentinian operations.Poised to become the largest provider of equity research in India. Acquired Pipal Research to expand our footprint in the global corporate sector. Firmly positioned to make markets function better Acquired Pipal Research 11 of the world’s globally. to expand our footprint top 15 investment in the global corporate sector. banks are Strong 17,500 SME Irevna’s growth 11 of the Acquired in Polish and world’s top clients. Argentinian 15 investment are Irevna’s clients. Pipal 11 of the operations. Strong growth in Research Poised to Polish and world’s Argentinian to expand become our footprint top 15 operations. investment the largest Poised to become in the global provider the largest corporate banks are Irevna’s of equity provider sector of equity clients. research space. in India. research Firmly Strong growth Acquired in India in positioned to Pipal 2011 make Research Acquired markets to expand our footprint Pipal function in the global Research corporate to expand better sector. our footprint globally. in the global Firmly corporate positioned sector space. to make Firmly positioned markets to make function better markets globally.6,000 function better globally. 17,500 SME the world’s top 15 investment in credit 6,000 in Polish ratings. mark ratings. banks ratings. are Irevna’s mark and clients. Poised to in credit 17,500 are become the SME Irevna’s 11 Strong Poised of the growth largest ratings. clients. in Polish 11 of Strong world’s the top 15 and equity contents For more details visit www.crisil.com corporate overview 02 - CRISIL - Making markets 10 - Events function better 12 - Publications 04 - CRISIL’s Businesses 14 - Corporate Sustainability 08 - CRISIL Consolidated Ten Initiatives Year Financial Highlights a glance 2010 - financial statements 16 - Board of Directors 53 - Standalone financial statements 20 - Directors’ Report 85 - Consolidated financial 30 - Management Discussion statements and Analysis Report 111 - Notice 36 - Auditors’ Certificate for reports Corporate Governance 115 - Proxy Form and Attendance Slip 38 - Report of the Directors on Corporate Governance 48 - General Information for statutory Members We built scale in 2010, which will enable us to be a force in the financial markets as never before. 6,000 mark in credit ratings. 17,500 SME ratings makes us India’s largest SME rating agency. 11 of the world’s top 15 investment banks are Irevna’s clients. Strong growth in Polish and Argentinian operations. Poised to become the largest provider of equity research in India. Acquired Pipal Research to expand our footprint in the global corporate sector. Firmly positioned to make markets function better globally. CRISIL Limited corporate overview CRISIL - Making markets function better CRISIL Businesses CRISIL - MAKING MARKETS FUNCTION BETTER Who We Are CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services. We are India’s leading ratings agency. We are also the foremost provider of high-end research to the world’s largest banks and leading corporations. With sustainable competitive advantage arising from our strong brand, unmatched credibility, market leadership across businesses, and large customer base, we deliver analysis, opinions, and solutions that make markets function better. Our defining trait is our ability to convert data and information into expert judgements and forecasts across a wide range of domains, with deep expertise and complete objectivity. At the core of our credibility, built up assiduously over the years, are our values: Integrity, Independence, Analytical Rigour, Commitment and Innovation. CRISIL’s majority shareholder is Standard and Poor’s (S&P). Standard & Poor’s, a part of The McGraw-Hill Companies (NYSE:MHP), is the world’s foremost provider of credit ratings. 02 Ready for the next level. Who We Serve We address a rich and globally- diversified client base. Within India our customers range from small enterprises to the largest corporations and financial institutions; outside India our customers include the world’s largest banks and leading corporations. We also work with governments and policy-makers in India and other emerging markets in the How We Add Value infrastructure domain. We empower our customers, and the markets at large, with independent analysis, benchmarks and tools. These help lenders and borrowers, issuers and investors, regulators, and market intermediaries make better-informed investment and business decisions. Our offerings allow markets and market participants to become more transparent and efficient - by mitigating and managing risk, taking pricing decisions, generating more revenue, reducing time to market and enhancing returns. By helping shape public policy on infrastructure in emerging markets, we help catalyse economic growth and development in these countries. We empower our customers, and the markets at large, with independent analysis, benchmarks and tools. These help lenders and borrowers, issuers and investors, regulators, and market intermediaries make better-informed investment and business decisions. Our offerings allow markets andAt themarket core of our credibility, built up participants to become more assiduously over the years, are our values: transparent and efficient -Integrity, by mitigating Independence, Analytical Rigour, and managing risk, taking pricing decisions,Commitment and Innovation. generating more revenue, reducing time to market and 03 enhancing returns. CRISIL Limited corporate overview CRISIL - Making markets function better CRISIL Businesses CRISIL BUSINESSES crisil Limited RATINGS RESEARCH ADVISORY* Bond Ratings GLOBAL RESEARCH CRISIL & ANALYTICS INFRASTRUCTURE Bank Loan Ratings AdVisORY Irevna SME Ratings Pipal Research CRISIL Real Estate Star Ratings Education Grading GLOBAL ANALYTicAL CRISIL RISK INDIA RESEARCH CENTRE SOLUTIONS CRISIL Centre for Economic Research Industry Research Capital Market Research Mutual Funds Fixed Income Research & Valuation Equities * Wholly-owned subsidiary - CRISIL Risk and Infrastructure Solutions Limited 04 Ready for the next level. A. RATINGS CRISIL is India’s first, largest, and most B1.a. Irevna prominent credit rating agency. CRISIL Irevna provides high-end financial pioneered the concept of credit rating in research and analytics to investment India more than 20 years ago, and has banks, insurance companies, and played a pivotal role in the development asset management firms across of India’s debt market. CRISIL has rated the world. Irevna’s teams of highly- more than 10,000 borrowers, covering trained professionals at research around 32,400 debt instruments of a value centres in Buenos Aires in Argentina, exceeding Rs.36 trillion. CRISIL has also Chennai and Mumbai in India, and rated around 17,500 Small and Medium Wroclaw in Poland, provide coverage Enterprises (SMEs), and has the highest across time zones to the world’s number of SME ratings outstanding in major financial centres. Irevna is now India. Today, CRISIL rates two-thirds of preparing to commence operations corporate bonds outstanding in India. in China. CRISIL’s Global Analytical Centre (GAC) supports the Global Resource Management initiative of Standard & Poor’s (S&P). GAC supports analytical Works with 11 of the top 15 processes and information processing, global investment banks. executes complex modelling assignments, Best-in-class service quality and assists Standard & Poor’s (S&P) in improving workflow efficiencies. and talent base. At the right locations and in the right time zones to deliver maximum value to clients. Rs. 36 trillion of debt rated. Market share in bank loan ratings exceeds 50 per cent. B1.b. Pipal Research Rates two-thirds of bonds Pipal Research is a leading outstanding in India. knowledge services firm delivering Highest number of outstanding high-quality financial and business SME ratings in India. research to organisations worldwide. Its clients include leading global firms in the telecommunications, technology, consumer packaged goods, and industrial sectors, and in the financial services space. Pipal has three research centres in India (Gurgaon, Noida and Bangalore), B. and an office in Chicago. RESEARCH CRISIL acquired Pipal in December 2010. Pipal’s services, clients and delivery locations are complementary B1. Global Research and Analytics to Irevna’s, enabling the combine to Services strengthen its leadership in the global CRISIL is the leading provider of high- research & analytics. end research and analytics to the world`s largest financial institutions and leading global corporations. Operating from seven research Client list includes 30 fortune centres around the world, CRISIL’s 500 companies, across a range Global Research & Analytics business delivers insight driven high of industries. end financial and business research. 05 CRISIL Limited corporate overview CRISIL - Making markets function better CRISIL Businesses CRISIL BUSINESSES (contd.) B2. India Research B2.c. Capital Market Research B2.a. CRISIL`s Centre for Economic Research (C-CER) CRISIL Centre for Economic Research (C-CER) offers a credible, Largest independent equity objective, and analytical view on the research house in India. Indian economy. It also provides Official provider of valuations to premium services and products based on economic analysis. all mutual funds in India. C-CER’s core
Recommended publications
  • Fy-2016-17.Pdf
    Form FC-4 [See rule 17(1)] The Secretary to the Government of India, Ministry of Home Affairs, Foreigners Division (FCRA Wing) "First Floor NDCC-II Building," 1,JAI SINGH Road New Delhi - 110001 Subject: Account of Foreign Contribution for the year ending on the 31st March, 2017 1. Association FCRA registration number and name (i). Number : 231660712 (ii). Name : SMILE FOUNDATION 2. Details of receipt and utilisation of foreign contribution : i. Foreign Contribution received in cash/kind(value): a) Brought forward foreign contribution at the beginning of the 123896395.00 year(Rs.) b) Interest or other receipt during the year 7743307.00 c) Foreign Contribution received during the financial year i) Directly from a foreign source 146956466.00 ii) as transfer from a local source 0.00 d) Total Foreign Contribution (a+b+c) (Rs.) 278596168.00 *i.e. interest accured on foreign contribution, or any other income derived from foreign contribution, e.g. sale proceeds from assets created from contribution, or interest thereon during the year ii (a). Donor wise detail of foreign contribution received in excess of rupees 20,000: Sl.No Name of donors Institutional/Individu Detail of the donor: Purposes for which Amount (Rs.) al official Address; received Email address; website address: 1 Wilde Ganzen Institutional HEUVELLAAN 36 Educational 18720151.00 1217 JN NETHERLANDS , Netherlands, Email Id: [email protected] , Website Address : 2 Anz Operations and Institutional RMZ WORLD Social 1140726.00 MinistryTechnology Pvt Ltd of HomeCAMPUS 5A Affairs
    [Show full text]
  • 65Th Annual Report
    th SIRC 65 Annual Report SOUTHERN INDIA REGIONAL COUNCIL OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA AT THE HELM OF ICAI FOR THE YEAR 2016-17 PRESIDENT VICE PRESIDENT CA. M DEVARAJA REDDY CA. NILESH SHIVJI VIKAMSEY HYDERABAD MUMBAI OFFICE BEARERS OF SIRC OF ICAI FOR THE YEAR 2016-17 CHAIRMAN VICE CHAIRMAN CA. E PHALGUNA KUMAR CA. COTHA S SRINIVAS TIRUPATI BANGALORE SECRETARY TREASURER CA. JOMON K GEORGE CA. JALAPTHI K ERNAKULAM COIMBATORE MEMBERS OF SIRC OF ICAI FOR THE YEAR 2016-17 Si.No. Name Place 1 CA. Abhishek M. Chennai 2 CA. Adusumilli Venkateswara Rao Hyderabad 3 CA. Babu K. Thevar Bangalore 4 CA. China Masthan Thalakayala, Hyderabad 5 CA. Cotha S Srinivas Bangalore 6 CA. Dungar Chand U. Jain Madurai 7 CA. Gopal Krishna Raju Chennai 8 CA. Hemavathi R. Chennai CA. Jalapthi K 9 Coimbatore 10 CA. Jomon K George Ernakulam 11 CA. E Phalguna Kumar Tirupati 12 CA. Panna Raj S. Bellari 13 CA. Ritesh Mittal Hyderabad 14 CA. Babu Abraham Kallivayalil Ernakulam 15 CA. Devaraja Reddy M Hyderabad 16 CA. Madhukar Narayan Hiregange Bangalore 17 CA. Sekar G Chennai 18 CA. Sripriya K Chennai 19 CA. Vijay Kumar M. P. Chennai SIRC 65th Annual Report Branches ► Anantapur, Alleppey, Bangalore, Belgaum, Bellary, Calicut, Coimbatore, Ernakulam, Erode, Guntur, Hubli, Hyderabad, Kakinada, Kalaburgi (Gulbarga), Kancheepuram District Branch, Kannur, Karimnagar, Kottayam, Kumbakonam, Kurnool, Madurai, Mangalore, Mysore, Nellore, Ongole, Palghat, Pondicherry, Quilon, Rajamahendravaram, Salem, Sivakasi, Tiruchirapalli, Tirupati, Tirunelveli, Tirupur,
    [Show full text]
  • Knowledge Process Outsourcing MARKET & OPPORTUNITIES
    Knowledge Process Outsourcing MARKET & OPPORTUNITIES Knowledge Process Outsourcing MARKET & OPPORTUNITIES CONTENTS KPO Industry in India 2 Market Size and Growth Trends of the KPO industry 9 Emerging Trends 12 India Advantage 13 Major KPO Hubs in India 16 A report by Evalueserve for IBEF 2 MARKET & OPPORTUNITIES KPO Industry in India Indian KPO Industry – Evolution sent to the client. In contrast a KPO vendor functions at a different level viz, as follows: KPO focuses on delivering The evolutionary phases of the Indian KPO industry are very value-added services to the clients. Its prime objective is to similar to that of the Indian IT industry. Activities related to provide clients with useful insights that may assist them in IT offshoring/outsourcing commenced in India in the late their strategic decision making process. 1980s. During this period, foreign companies such as IBM, • KPO companies provide knowledge-intensive work and Texas Instrument, Motorola, HP, etc preferred establishing engage highly skilled professionals such as MBAs, CAs, captive centres in India. A few third-party players were also CFAs, engineers, PhDs, doctors, lawyers, etc. active in India during this period. Subsequently, the number • Training is an essential component of the KPO industry. of IT vendors in India increased with more companies As the market is highly dynamic, one has to keep abreast venturing into IT. The Nascent KPO industry is following with the latest trends, technologies and developments. the footsteps of the IT industry. Both industries started with KPO professionals continuously hone their skills through captives, and subsequently saw the rise of vendors. rigorous training plans.
    [Show full text]
  • Buenos Aires City (Population – 3 Million)
    Part I Argentine Market Basic Information Area: 2.7 million sq. kms Population: 40 million Capital: Buenos Aires City (Population – 3 million) Other major cities: Cordoba (Pop: 1.5 mn; industry and IT ) Rosario (Pop: 1 mn; agribusiness) Language: Spanish with a typical Argentine pronunciation of some words Literacy rate: 97% States: 23 provinces and Federal Capital Provinces of Business Interest: Buenos Aires – Agribusiness Cordoba - Manufacturing, agribusiness, IT Santa Fe - Agribusiness Entre Rios - Agribusiness Mendoza - Wine, oil & gas and minerals Neuquen - Oil & gas Santa Cruz - - do – Chubut - - do – San Juan - Minerals Tucuman - Sugar and Citric fruits Salta - Wine and tourism Main Ports: Buenos Aires, Rosario and Bahía Blanca International Airports: Buenos Aires, Mendoza, Cordoba and Salta Currency: Argentine Peso written as ‘$’, the same as US Dollar sign Electric current: 220AC (50 Hz) Telephone Code: Argentina 54 Buenos Aires 11 Rosario 341 Cordoba 351 Mendoza 261 Mar del Plata 223 For calling mobile phones from outside Argentina, after the country code 0054, the area code is 911 [but inside the country, it is 15] Internet country code: .ar Climate: Pleasant; no extremes. Since Argentina is in the Southern hemisphere, the seasons are the opposite to those of India. Peak summer : December – January Peak winter : June-July Holiday Season: From 20 December to 15 February Summer vacations spots – Mar del Plata, Punta del Este (Uruguay) Winter vacations spots – Bariloche and Las Leñas ski resorts Time: 8 ½ hours behind India. Government: Presidential form of Government; President Cristina Fernandez de Kirchner (from December 2011 for four years) The provinces are autonomous with elected governors and legislatures.
    [Show full text]
  • Self Study Report Ii Cycle
    The ICFAI Foundation for Higher Education (Declared as Deemed-to-be University under Section 3 of the UGC Act, 1956) Donthanapally, Shankarapalli Road Hyderabad – 501 203, Telangana. Tel: 040 – 23479999 Website: http://www.ifheindia.org e-mail:[email protected] Fax: 08417 – 236653 SELF STUDY REPORT II CYCLE Submitted to The Director National Assessment and Accreditation Council (NAAC) Nagarbhavi, Bangalore – 560 072, Karnataka January – 2015 TABLE OF CONTENT Profile of the University 7 Milestones 25 NAAC Peer Team Recommendations 2009 27 Action Taken Report – NAAC Peer Team Recommendations 2009 31 Action Taken Report –UGC Review Committee Recommendations 2009 39 Executive Summary 47 Criteria-Wise Inputs Criterion I: Curricular Aspects 69 Criterion II: Teaching-Learning and Evaluation 98 Criterion III: Research, Consultancy and Extension 155 Criterion IV: Infrastructure and Learning Resources 262 Criterion V: Student Support and Progression 286 Criterion VI: Governance, Leadership and Management 349 Criteria VII: Innovations and Best Practices 389 Shri N. J. Yasaswy (1950 – 2011) Founder The ICFAI Group Shri N.J.Yasaswy, the founder of the ICFAI Group of Educational Institutions was a pioneer and trailblazer in promoting higher education in the Private Sector. He conceptualized, developed and built competitive and top graded Business schools in India apart from creating 11 Universities in the developing states of India (including in the North East) single-handedly. He wanted to nurture and groom young students - who had the will to learn but were unable to gain entry into the premier management institutes for a variety of reasons. He built a Temple of Learning offering value based education, industry- focused curriculum and employable skills.
    [Show full text]
  • CRISIL an S&P Global Company
    CRISIL An S&P Global Company April 18, 2019 Listing Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5th floor P J Towers Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 Dear Sirs, Sub.: Annual Report of CRISIL Limited Kindly be informed that the 32nd Annual General Meeting (AGM) of CRISIL Limited was held on Wednesday, April 17, 2019 at 3.30 p.m. at Rangaswar Hall, 4th floor, Yashwantrao Chavan Pratishthan, Gen. Jagannath Bhosale Marg, Next to Sachivalaya Gymkhana, Mumbai 400 021. Pursuant to Regulation 34 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Annual Report of the Company for the financial year ended December 31, 2018. Kindly acknowledge receipt and informyour members accordingly. Yours faithfully, For CRISIL Limited Minal Bhosale Company Secretary ACS 12999 Encl.: a/a CRISIL Limited Corporate Identity Number: L67120MH1987PLC042363 Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 I Fax: +91 22 3342 3001 www.crisil.com We are more CRISIL Limited Annual Report 2018 We are a global analytics force… Driven by quants, data scientists, fundamental analysts, technologists and other top-draw talent from around the world. We empower investors, help shape policies and regulations, and enable clients take informed decisions with conviction. CRISIL Limited Annual Report 2018 ... and we continue to be the pioneers and leaders of credit the preferred partner for ratings in India. We also provide business intelligence by global market-leading investment banks.
    [Show full text]
  • Job Title Senior Quant Analyst Location Mumbai/Pune/Chennai
    Job title Senior Quant Analyst Location Mumbai/Pune/Chennai Experience 0-2 years of relevant experience Work closely with the quantitative modeling team of Risk & Analytics division of CRISIL Global Research & Analytics The candidate will be working on risk modeling assignments which would include one/ many of the following – o Development/Validation of valuation models across asset classes – equities, commodities, rates, credit, mortgages o Development and validation of risk models – PD, LGD, EAD, VaR Job Duties (credit risk, market risk) o ICAAP (pillar 2) modeling including economic capital computation o Enterprise risk/stress testing models – PPNR modeling, loss forecasting, econometric modeling o Machine Learning Models o Financial Crime Analytics like Fraud Detection, Anti Money Laundering The role might involve overseas project-related travel for short durations PhD/FPM/M.S/MPhil – Mathematics / Physics / Statistics / Econometrics / Qualification Economics / Computational Finance/Computer Science or similar quantitative discipline Strong quantitative background - experience in model development or validation a plus Strong academic understanding of statistical concepts/time-series modeling/mathematical finance Skills required Should have done courses in Econometrics, Statistics, Stochastic Process, Machine Learning, Linear Algebra, Probability Theory and Signal Processing. Familiarity with financial and banking regulations would be a big plus. Experience in any of C++/Python/R/SAS/MATLAB Strong communication and documentation skills About CRISIL GR&A: CRISIL Global Research & Analytics (GR&A) is the largest and top-ranked provider of high end research and analytics services to the world's leading commercial and investment banks, insurance companies, corporations, consulting firms, private equity players and asset management firms. CRISIL GR&A operates from research centers in Argentina, China, India and Poland, providing research support across several time zones and in multiple languages to global organizations.
    [Show full text]
  • ANNUAL REPORT 2018-19 Contents
    PVP Ventures Limited ANNUAL REPORT 2018-19 Contents Chairman’s Message 1 Corporate information 2 Notice 3 Directors’ report 11 Management Discussion and analysis report 21 Corporate Governance report 25 Standalone Financial Section 52 Consolidated Financial Section 92 Proxy Form 141 Attendance Slip 143 CHAIRMAN’S Message Dear Shareholders, The year 2018-19 was a consolidation year for the new GST and RERA statutes during which the real estate sector was getting acclimated to these newly ushered changes by the Government. The sector also is living through challenging times owing to the NBFC crisis of ILFS. Having said that, the demand is decent in the South Indian marketplace including Chennai, Hyderabad and Bangalore. Your company with its major asset in Chennai is steadfastly working towards the development plan of the company’s property which is being developed as “North Town”. The current financial year will be a reasonably better one as your company will be embarking on the monetization of 20 Acre Land parcel in Chennai through plotting which will give a steady cash flow. During the 3rd quarter of financial year ending March 2021, the company will be in the process of developing the 16.15 Acre land parcel at Chennai. Your company is already in the process of identifying a credible and a national developer to undertake the potential development of around 3 Million sq. ft. of saleable area. As you are aware, with the introduction of new Ind As-115 the recognition of revenue was only for registered dwelling units or 100% payments from customers. These corrections were incorporated in the books of accounts during this year.
    [Show full text]
  • CRISIL an S&P Globa.L Compii"Y
    CRISIL An S&P Globa.l ComPII"Y April 20, 2018 Listing Department National Stock Exchange o f India Lid. SSE Limited Exchange Plaza. Sth floor P J Towers Plot No. CII , G Block Dalal Street Bandra-Kurla Complex Mumbai 400 001 Sandra (East), Mumbai 400 051 Dear Sirs, Sub.: Anoual Report of CRISIL Limited Kindly be informed that the 31st Annual General Meeting (AGM) of CRISIL Limited was held on Tuesday, April 17,2018 at 3.30 p.m. at Rangaswar Hall, 4th floor, Yashwantrao Chavan Pratishthan, Gen. Jagannath Shosare Marg. Next to Sachi va Jaya Gymkhana, Mumbai 400 021. Pursuant to Regulation 34 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Annual Report orlhe Company for the financial year ended December 3 1, 2017. Kindly acknowledge receipt and inform your members accordingly. Yours faithfully, For CRIS IL Li mited Minai Bhosale Company Secretary ACS 12999 Enc!.: ala CRISllllmlttd Corporate Identity Number: l67120MH1987PlC042363 Realltered 0ffIc:.: CRISl l House, Central Avenue. Hiranandani Business Parlt. Powal, Mumbai - 400076. Phone: +91 2233423000 I Fall : +91 22 3342 3001 www.c:riail.c:om Contents Corporate Overview Message from the Chairman ......................................................................... 02 About CRISIL ................................................................................................................. 04 Board of Directors .................................................................................................
    [Show full text]
  • 1 India-Argentina Relations India-Argentina Relations Are Cordial
    India-Argentina Relations India-Argentina relations are cordial and encompass political, economic, scientific and technological cooperation including Antarctic research and cultural cooperation. India opened a Trade Commission in Buenos Aires in 1943 and later converted it into an embassy in 1949. Argentina had established a consulate in Calcutta in the 1920s which was transferred to Delhi as an embassy in 1950. Argentina opened a Consulate General office in Mumbai in April, 2009. Visits from India External Affairs Minister Mr. Salman Khurshid visited Argentina in February 2013. During the visit he met with President Cristina Fernandez, Vice president Amado Boudou, FM Hector Timerman and Parliamentarians. During bilateral exchanges, issues relating to Science and Technology Co-operation, Cultural Exchange Programme, Agriculture, Agreement on Phytosanitary Cooperation among others, were discussed. Smt Preneet Kaur, Minister of State for External Affairs, participated in the Bicentenary celebrations of Argentina held on 25th May, 2010, and conveyed greetings to the Argentine President Cristina Kirchner Fernandez. More recently, MOS (Commerce) Jyotiraditya Scindia visited in May 2011 and Minister of Agriculture Sharad Pawar in September 2010. Some of the important recent visits include: Minister of Textiles Mr Sankarsingh Vaghela - April 2008 Minister of State for External Affairs Mr Anand Sharma - February 2008 Minister of State for External Affairs Rao Inderjeet Singh -2005 Prime Minister Narasimha Rao - 1995 (for G-15 Summit) President Zail Singh - April 1984 Prime Minister Mrs Indira Gandhi – 1968 Visits from Argentina 1 President Cristina Fernandez visited India in October 2009, which also marked the sixtieth anniversary of the establishment of diplomatic relations between the two nations.
    [Show full text]
  • CRISIL Limited
    August 4, 2020 National Stock Exchange of India Ltd. Listing Department Exchange Plaza, 5th floor BSE Limited Plot No. C/1, G Block P J Towers Bandra-Kurla Complex Dalal Street Bandra (East), Mumbai 400 051 Mumbai 400 001 Dear Sirs, Sub.: Annual Report including the revised Notice of 33rd Annual General Meeting This is further to our letter dated July 21, 2020 wherein the Company had informed that the 33rd Annual General Meeting of the Company (“AGM”) is scheduled to be held on Friday, August 28, 2020 at 4.00 p.m through Video Conferencing (VC) and other audio visual means (OAVM) in accordance, with the relevant circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI). Please find enclosed herewith Annual Report of the Company for the financial year ended December 31, 2019 including the revised Notice of 33rd AGM. The revised Notice of the 33rd AGM and the Annual Report are also being uploaded on the website of the Company at www.crisil.com. Kindly acknowledge receipt and inform your members accordingly. In case of queries, you may send an email to [email protected] or call on +91-22-33423595. Yours faithfully, For CRISIL Limited Minal Bhosale Company Secretary ACS 12999 Encl.: a/a CRISIL Limited Corporate Identity Number: L67120MH1987PLC042363 Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com CRISIL Limited Revised Notice of the 33rd AGM CRISIL Limited Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai 400 076 Corporate Identification Number (CIN): L67120MH1987PLC042363 Tel.: 022-33423000; Fax: 022-33423001; Website: www.crisil.com; e-mail: [email protected] The original notice of the 33rd Annual General Meeting dated February 11, 2020 has been superceded entirely with the issuance of this Revised Notice dated July 21, 2020 and should therefore not be referred to for e-voting or any other meeting related procedures.
    [Show full text]
  • Rating Rationale
    Rating Rationale Brickwork Ratings reaffirms the rating of ‘BWR BBB-’ (Outlook: Stable) for Bank Loan Facilities amounting to ₹ 45 Cr of Dakshin Realties Private Limited (DRPL) Brickwork Ratings (BWR) has reaffirmed the Rating1 of ‘BWR BBB-’ (Pronounced BWR Triple B Minus) for bank loan facilities amounting to ₹45 Cr of DRPL Amount Facility Tenure Rating Reaffirmation (₹ Cr) BWR BBB- (Pronounced BWR Triple B minus) Cash Credit 45.00 Long Term (Outlook: Stable) Total 45.00 (INR Forty Five Crores only) The rating reflects experience and track record of Mr. Prasad V. Potluri in developing and executing new projects, prime location (Banjara hills- Hyderabad) of the project, strong project plan and the promoter’s ability to infuse funds as per the business requirement. However, the rating is constrained by nascent stage of implementation and sales and delay in the project due to delay in obtaining the key statutory approvals. Profile of DRPL Dakshin Realties Private Limited (DRPL) has been incorporated on February 01, 2007 under Companies Act 1956 with the object of developing urban infrastructure. The company has its registered office in Banjara Hills, Hyderabad. PVP Ventures Ltd is a flagship company of PVP group, formerly known as SSI Limited. It is a BSE and NSE listed company based in South India with interests in real estate, media & entertainment. The company was incorporated in 1990 and listed since 1995 (as SSI till 2008). The company is headquartered in Chennai with real estate assets in Chennai, Hyderabad, Bangalore and Mumbai. PVP group has presence in Indian Media & Entertainment Industry via “Picturehouse Media Limited” (listed on BSE) and its subsidiary “PVP Capital Ltd”, a NBFC.
    [Show full text]