Infosys Technologies Ltd has become the first company in
India to obtain BBB rating, from global credit rating agency
Standard & Poor's.
The agency has also assigned Infosys 'BBB-' in foreign
currency rating.
The BBB rating is higher than the country's sovereign rating
(BB+/Stable/B), reflecting the company's strong financial
profile.
The outlook is stable for Infosys and takes into account
S&P's expectation that the company would maintain its
competitive position and strong financial profile. Recent News...
