Why CARE Ratings is on the radar of global ratings giants

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Credit ratings firm CARE Ratings Ltd seems to have one suitor too many.Late last month, global ratings firm Standard & Poor’s-owned CRISIL Ltd acquired an 8.9% stake in CARE Ratings for Rs 435 crore.Days after, on 10 July, The Economic Times reported that another global rival Fitch, through its local ......

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