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Now showing items 1-5 of 5
CRISIL Rating: When does AAA mean B?
(2010-03-22)
In this paper an attempt is made to assess the quality of credit rating function being performed by CRISIL, hitherto the sole credit rating agency in India. The paper attempts to answer, two important questions, namely: ...
Modelling credit risk in Indian bond markets
(2010-01-16)
Government bonds are subject only to interest rate risk. However, corporate bonds are subject to credit risk in addition to interest rate risk. Credit risk subsumes the risk of default as well as the risk of an adverse ...
Market valuation model under differential taxes inflation recurring investments and flotation costs
(2010-03-22)
The extent literature on valuation identifies several important variables affecting the value of a firm. These include, corporate and personal taxes, reinvestments, leverage, dividend policy, and inflation. But, most of ...
Narasimham committee report: some further ramifications and suggestions
(2010-03-31)
This paper while agreeing with the general thrust of the Narasimham Committee Report,
calls attention to some logical corollaries of the Report and analyses some possible
fallout from implementing the Report.
We agree ...
Comments on SEBI's draft takeover code
(2010-03-31)
In this paper an attempt has been made to comment on the contents of the Draft
Regulation for `Substantial Acquisition of Shares in Listed Companies’ of SEBI
(Consultative Paper 1). The authors broadly concur with the ...