ICRA Limited


	Toll Road Projects: Challenges Impeding Private Sector Participation Index of Industrial Production May 2010: Healthy Growth Albeit Considerably Lower than Expected Financial Markets & Banking Update —Vol. 1: FY2010-11 Sugar outlook weak; ability to negotiate cane prices downwards will be key to profitability for sugar mills in SY 2010-11

	Economic Trends and Outlook
	The Indian Tyres Industry
	Aluminium and Copper
	Roads
	Industry Monitor
	Food Processing
	Non Banking Financial Companies

ICRA assigns LAA and A1+ ratings (under rating watch with negative implications) to enhanced bank facilities of North Delhi Power Limited (NDPL)

ICRA assigns LBBB- rating to bank facilities of Silicon Institute of Technology

ICRA reaffirms the ratings for bank facilities of Haldiram Foods International Limited; assigns stable outlook

ICRA upgrades the ratings for bank facilities of Komal Foods Private Limited; assigns stable outlook

ICRA revises the rating assigned to the bank facilities of Acropetal Technologies Limited

ICRA reaffirms A1+ rating to Reliance Capital Limited’s short term debt programme

ICRA revises the ratings for bank facilities of Winwind Power Energy Private Limited; assigns stable outlook

ICRA assigns LB+/A4 rating for the bank lines of Ganeshprasad Impex Private Limited

ICRA assigns LBB-/A4 rating for the bank lines of Patel Wood Works & Timber Mart

ICRA reaffirms LBBB- and assigns A3 ratings to bank facilities of Shri Rathi Steel (Dakshin) Limited; assigns stable outlook

ICRA reaffirms LBBB- and assigns A3 ratings to bank facilities of Shri Rathi Steel Limited; assigns stable outlook

ICRA reaffirms the LBBB(Stable) and A2 ratings for bank facilities of The Yamuna Syndicate Limited, rated amount enhanced

ICRA Comments on the RBI’s First Quarter Review of Monetary Policy for FY 2010-11

Toll Road Projects: Challenges Impeding Private Sector Participation

INDIAN COMMERCIAL VEHICLE SECTOR : TRENDS & OUTLOOK

Index of Industrial Production May 2010: Healthy Growth Albeit Considerably Lower than Expected

Financial Markets & Banking Update —Vol. 1: FY2010-11