Moneycontrol PRO

business

India at cusp of losing investment rating, says Axis Direct

Nilesh Shah of Axis Direct believes India is at the cusp of losing its investment grade rating. India's sovereign credit is rated BBB-, the lowest level for investment grade bonds.

first published: Aug 13, 2012 10:36 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347