(ADPnews) - Apr 18, 2011 - ICRA downgraded on Friday the rating on the INR 325 million (USD 7.3m/EUR 5.1m) bank lines of Indian interior decorating company Raus Infras Ltd to LBB- from LBB+.
The move was triggered by the drop in the company's profitability which, in turn, reduces its debt protection …
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