New Delhi, Dec 13 (PTI) National Securities ClearingCorporation Ltd (NSCCL), a subsidiary of NSE, has received thehighest corporate credit rating 'CCR AAA/Stable' from Crisil.
This is the 10th consecutive year it received suchratings.
The rating indicates the highest degree of strength withregard to honouring debt obligations, National Stock Exchange(NSE) said in a statement.
Also, this reflects NSCCL's strong operational andfinancial linkages with its parent, the NSE and comprehensiverisk management systems.
Crisil has reaffirmed the outlook for NSCCL as "stable"and said "NSCCL will continue to have strong market positionover the medium term due to its association with NSE.
*****Amway Queen Cookware crosses Rs 100cr sales mark in Jan-Oct*Amway Queen Cookware, a brand of FMCG firm Amway, todaysaid it has crossed Rs 100 crore sales mark during January-October of 2017.
"Amway Queen, the premium cookware range from thecountry's leading direct selling FMCG company, has crossedsales of Rs 100 crore...," Amway said in a statement.
The company launched Amway Queen Cookware in January thisyear to cater to the growing demand from the health consciousconsumers.
Amway India, its wholly-owned subsidiary, sells more than130 daily use products across categories like nutrition,beauty, personal care and home care through Amway DirectSellers (ADS) who make personal recommendations regarding theuse of distinctive quality products. PTI SP ABI ADIMKJ.
This is unedited, unformatted feed from the Press Trust of India wire.