These unsecured perpetual notes have `BBB` rating from S&P. LoL.

Don’t forget S&P gave Lehman Brothers an AAA rating a month before it collapsed.

The McGraw-Hill
Standard & Poor`s, a division of The McGraw-Hill Companies
CRISIL’s majority shareholder is Standard & Poor`s,
AUR KUTCH PUCHNA HAAI.

Credit Rating and Information Services of India Ltd. (CRISIL) (BSE: 500092, NSE: CRISIL) is India`s leading Ratings, Research, Risk and Policy Advisory Company based in Mumbai.[3] CRISIL’s majority shareholder is Standard & Poor`s, a division of The McGraw-Hill Companies and the world`s foremost provider of financial market intelligence[citation needed]. CRISIL pioneered ratings in India more than 27years ago, and is today the undisputed business leader[citation needed], with the largest number of rated entities and rating products: CRISIL`s rating experience covers more than 45000 entities, including 30,000 small and medium enterprises (SMEs).[citation needed]
(CRISIL Global Research and Analytics consisting of Irevna and Pipal Research caters to international clients) with independent information, opinions and solutions related to credit ratings and risk assessment; energy, infrastructure and corporate advisory; research on India`s economy, industries and companies; global equity research; fund services; and risk management. [4]

S&P CNX Nifty
From Wikipedia, the free encyclopedia
The S&P CNX Nifty, also called the Nifty 50 or simply the Nifty, is a stock market index and benchmark index for indian equity market. Nifty is owned and managed by India Index Services and Products Ltd. (IISL), which is a joint venture between NSE and CRISIL (Credit Rating and Information Services of India Ltd). IISL is India`s first specialized company focused upon the index as a core product. IISL has a marketing and licensing agreement with Standard & Poor`s for co-brand/ing equity indices. `CNX` in its name stands for `CRISIL NSE Index`.
S&P CNX Nifty has shaped up as the largest single financial product in India, with an ecosystem comprising: exchange traded funds (onshore and offshore), exchange-traded futures and options (at NSE in India and at SGX and CME abroad), other index funds and OTC derivatives (mostly offshore).


Graph of S&P CNX Nifty from January 1997 to March 2011
The S&P CNX Nifty covers 22 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. The S&P CNX Nifty stocks represents about 67.27% of the free float market capitalization of the stocks listed at National Stock Exchange (NSE) as on September 30, 2012.

Paisa feko tamasha dekho.
S&P is mother father of NIFTY.
The biggest gambler of the world.

maximindia,,,where is CASH?where is GAS?Opinions can be bought.RBI needs $ why it will say no/Our export has gone down.Rating of INDIA in financial market is in penny stock.FII,MONEY BELONGS TO whom is known to all.
In the name of administration RIL and INDIA are on the same platform. GANGA GAYE TO GANGADAS,JAMUNA GAYE TO JAMUNADAS.
avin 57

lo... lo.... lo.... loan. loan for expansion or working capital requirements?

Dont expect, it will consolidate below 880 before any further upmove. This was told by me on the result day of RIL where in some boarders was not ready to accept it.

ril will consilidate around 900 and then it will again inch up to 950 in a month`s period, so it is a trade on long side only.

Worst part is loan is taken at d highest interest rate 6% above USA bond rates means at 7.5%.Add fex hedging rates and int becomes 13.5% whereas its own socalled cash gets only 9% int rates.Can any economist solve this puzzle as I dont expect any fan to come forward and explain this IRRATIONALITY of loans.Look at first sentence of CNBC news report on this board itself which is nothing but a taunt on its 75000 crs cash.

RBI must investigate that Y a co sitting on 82000 crs cash resort to fex loans every two months.Finally it increases loans on d nation.Y RBI not insisting that before taking forex loans co must utilise its own cash?Finally when cos takes too much forex loans it affect country`s rating.

May god bless those who believe that co has CASH.If co hv cash Y after 8b$ loans in 2012 again loan for 500 million$.One must understand that loans in 2012 taken after receipt of 7.2 b$ from BP.satyam shivam sundaram.

RIL hits overseas debt mkts, launches over $500m issue
Reliance Industries, which is sitting on over Rs 75,000 crore in surplus cash, today launched an issue of bonds in Hong Kong and Singapore markets to raise a minimum USD 500 million (around Rs 2,700 crore), company sources said.
if they give some to rcom, sitting with debt of over 35000 crore , could have saved it from getting bankrupt.

How would you trade RIL?