From a pioneering step taken in 1987, to playing an integral role in India's development

milestones, CRISIL has emerged as India's leading Ratings, Research, Risk and Policy
Advisory
company.
Click

here

to

find

out

more

on

our

unique

width

of

work

CRISILs association with Standard & Poors, a division of The McGraw-Hill

Companies, dates back to 1996 when both companies started working together on rating
methodologies and joint projects. S&P is the world's foremost provider of independent
credit ratings, indices, risk evaluation, investment research, data and valuations. Since
then, we have significantly broadened this relationship, working together on critical,
cutting-edge assignments for global clients. This partnership has now culminated in
Standard
&
Poors acquiring
a
majority shareholding
in
CRISIL.
CRISIL has also spearheaded the formation of the CariCRIS, the world's first regional
credit rating agency (click here for more details). We are poised for leadership in gas and
global LNG through our London-based subsidiary Gas Strategies Group Limited (earlier
known as EconoMatters Limited), and more recently are gearing towards leadership in
global equity research with the acquisition of IREVNA.
Ratings and Risk Assessment
Policy, Regulatory and Transaction Advisory
CRISIL Infrastructure Advisory

Our Infrastructure Advisory enhances CRISIL's franchise in

the areas of policy-making and economic development. Our
spectrum of activities includes catalysing economic
development through creation of appropriate policy
frameworks, sector reforms, regulatory support, project
structuring and global competitive bid process management
for large and complex projects.
CRISIL Infrastructure Advisory blends the best global practices with analytical
excellence and a deep understanding of the local environment to provide policy,
regulatory and transaction level advice to governments and leading organisations across
sectors.
We work closely with our clients to facilitate an environment for public-private
partnerships
and
ensure
the
success
of
projects
undertaken.
To

learn

more

about

the

CRISIL

Infrastructure

Advisory,

click

here.

Gas Strategies Group Limited (earlier known as EconoMatters Group) of Gas Information &
Solutions

CRISIL has acquired UKs leading gas advisory and information company, Gas Strategies
Group Limited (earlier known as EconoMatters Limited) and its subsidiary companies.

CRISIL now has a significant presence in the international gas and LNG markets.
CRISIL is uniquely positioned to share its expertise, insights and perspectives with global
majors in the energy and gas industry. To learn more about Gas Strategies Group Limited
(earlier
known
as
EconoMatters
Limited),
click
here.
CRISILs

international

gas

and

LNG

businesses

comprise:

Gas Strategies Gas Market Advisory Services

Gas Strategies. is a leading global consulting firm in the domain of natural gas and
liquefied natural gas (LNG). The Company focuses on market studies, project
finance due diligence, regulation and liberalisation of markets, pipeline financial
and
demand
studies,
pricing
and
contracts.
Gas Strategies data provision service, GasStrategiesOnline provides gas pricing
and supply/demand data and an LNG database to companies worldwide. Gas
Strategies has a
substantial resource base of associates with over 100 years of cumulative consulting
experience.
Gas Strategies is a gas project finance advisor to
- International banks, such as RBS, ABN AMRO, Socit Gnrale, HSBC and Citigroup
- Export Credit Agencies such as JBIC, SACE, ECGD and US Exim
- Multilaterals such as the World Bank and EBRD. To learn more about Gas Strategies,
click here
Alphatania Management Training and Courses
Alphatania is a one-of-a-kind training system that builds institutional
capabilities in gas businesses globally through simulated case studies,
lectures
and
staff
access.
Alphatania organises and administers a suite of energy training courses,
both public and customised, staffed by experts under the leadership of a
group of Alphatania course directors.
Alphatania courses, customised training and private executive briefings have set the
standard for gas industry training with the depth of understanding imparted to delegates
through interactive case studies, discussions and high levels of staff access. To learn more
about Alphatania, click here
Overview Outreach Meetings where Energy connects

Overview Outreach organises regular annual conferenceson the

natural gas industry. The Company focuses on the direction of the
gas industries in different countries and regions. Speakers are
drawn from the top decision-making strata of the companies and
organisations involved. To learn more about Overview Outreach,
click here
Gas Matters Convenient Information and Insight on Natural Gas
Gas Matters is a well-known monthly journal on the global gas business.
Along with its electronic daily version, Gas Matters Today and its online
database service, GasMattersOnline, Gas Matters is a must-read for
professionals,
policy
makers
and
regulators
globally.
Keeping abreast of developments as they unfold in the gas industry
demands reliable information sources, business insight and informed
analysis. Unlike other gas journals
and newsletters, Gas Matters, Gas Matters Today and GasMattersOnline bring together
the skills of a team of specialist writers and rigorous input and quality control from
industry experts. To learn more about Gas Matters, click here

Investment and Risk Advisory

Investment and Risk Management Services

The Risk Advisory business provides integrated risk

management solutions and advice to Banks and Corporates
by leveraging the experience and skills of CRISIL in the
areas
of
credit
and
market
risk.
Taking cognisance of the market
needs for integrated solutions that quantify and manage complex risks, the Risk Advisory
Group uses cutting-edge research and methodologies. Also, the Group brings together the
experience of all business teams to offer modular or integrated solutions and advisory
services
that
are
customised
to
meet
client
needs.
To

learn

more

about

CRISILs

Risk

Advisory,

click

here.

CRISIL FundServices

CRISIL FundServices is India's leading provider of fund

evaluation services and risk solutions to the mutual fund industry.
Through innovative analytics, benchmarks and analytical tools,
CRISIL FundServices plays a significant role in shaping investor
confidence and facilitating the introduction of best practices in the
mutual fund industry.
Widely reputed as the industry standard, CRISIL Fund Services is the official provider of
valuation
tools
and
market
benchmarks.
To learn more about CRISILs services to Treasuries and Funds, click here.

CRISIL Research

CRISIL Research is India's largest independent integrated

research house providing accurate and reliable research,
analysis and forecasts on the Indian economy, industries
and companies to over 500 Indian and international
clients across financial, corporate, consulting and public
sectors.

CRISIL Research leverages on its unique, integrated

research platform and capabilities spanning the entire
economy-industry-company spectrum to deliver superior
perspectives and insights to its clients, through both,
subscription products and customised solutions.
The Centre for Economic Research

The Centre for Economic Research is uniquely

positioned to provide benchmarks and analyses
for India's policy and business decision makers.
Manned by a team of senior economists, the
Centre applies economic principles to live
business applications, creating
conceptual

and

contextual

linkages

that

are

unique

to

CRISIL.

The Centre also works with other CRISIL businesses, contributing to both the range and
depth of products, services and consulting assignments that CRISIL offers.

To learn more about The Centre for Economic Research, click here.
CRIS INFAC

CRIS INFAC is Indias largest independent, integrated research

business. The research model is based on our unique analytical
understanding of macro-micro linkages. Our well-researched,
insightful solutions enable clients to take informed investment and resource allocation
decisions.
CRIS INFAC provides business research and opinion on issues impacting the
competitiveness of Indian industries and companies. CRIS INFAC helps over 500 clients
make better credit and investment decisions, thereby enabling them to mitigate and
manage
their
risks.
Manned by a team of sector specialists who offer analytical insights to clients, CRIS
INFAC has an extensive research base on over 80 industries, 300 commodities and 3,000
companies,
and
a
network
of
over
1,200
primary
sources.
To learn more about CRIS INFAC, click here.
Global Data Services of India Limited

Global Data Services of India

Limited, the financial data
analysis business of CRISIL,
offers consistent, high quality
financial data analysis to users
within and outside the CRISIL
group, enhancing the efficacy of
the
conventional
financial
analysis frameworks adopted in
the marketplace.
To learn more about Global Data Services of India Limited, click here.
India Index Services & Products Limited (IISL)

India Index Services & Products

Limited (IISL) is a 50:50 joint
venture with the National Stock
Exchange of India, India's leading
stock
exchange.
IISL is the only entity in India
dedicated to providing indices,
index products and services to
investors in Indian equities. Its

main indices, the S&P CNX Nifty

and S&P CNX 500 are licensed with Standard & Poor's, the world's leading index
provider.
To learn more about India Index Services & Products Limited, click here.
Global Equity Research

Irevna
CRISIL has recently added equity research to its wide
canvas of work, by acquiring Irevna, a leading global
equity research and analytics company.
Irevna provides high-end customised equity research and analytics, and knowledge
process outsourcing, to the worlds leading financial institutions, investment banks,
private equity firms and consulting companies, helping them achieve sustainable
competitive
advantage.
Top
Financial News
CRISIL MarketWire Ltd.

CRISIL MarketWire is CRISIL's cutting-edge financial

market
newswire.
A "Wire" agency with a strong India understanding and
an unparalleled combination of news, views, analytics
and tools, CRISIL MarketWire enables clients to take
pricing and investment decisions to stay ahead of the
curve.
It is widely acknowledged to provide unmatched expert coverage on India's money and
fixed
income
markets.
Backed by the experienced team of the erstwhile Bridge News, CRISIL MarketWire
spearheads CRISIL's offerings in the market place with real-time news on multi-delivery
platforms.
To

learn

more

about

CRISIL

MarketWire,

click

here.

RATING
CRISIL is India's leading rating agency, and is the fourth largest in the world.
With over a 60% share of the Indian Ratings market, CRISIL Ratings is the agency of
choice
for
issuers
and
investors.
CRISIL Ratings is a full service rating agency that offers a comprehensive range of rating
services. CRISIL Ratings provides the most reliable opinions on risk by combining its
understanding of risk and the science of building risk frameworks, with a contextual
understanding
of
business.
CRISIL is the only rating agency to operate on the basis of a sectoral specialisation,
which underpins the sharpness of analysis, responsiveness of the process and large-scale
dissemination of opinion pieces. In addition, CRISIL also offers services to the mutual
fund industry through CRISIL FundServices, a leading provider of fund evaluation
services and risk solutions in India.
With over Rs. 7.8 trillion of debt, 5,600 issues and 3,000 issuers rated to date, CRISIL
continues to play a key role in the development of India's debt markets.
CRISILs association with Standard & Poors, a division of The McGraw-Hill
Companies, dates back to 1996. This has now culminated in Standard & Poors acquiring
a majority shareholding in CRISIL. The partnership helps CRISIL to anticipate new
market challenges and introduce value-added rating methodologies. CRISIL Ratings and
Standard & Poor's collaborate on several projects in the U.S. and in East Asia, and jointly
promote business and services in India.
CRISIL Ratings also offers technical know-how overseas. For instance, it has provided
assistance and training for setting up ratings agencies in Malaysia (RAM) and Israel and
in the Caribbean . In March 2004, CRISIL took up an equity stake of about 9% in the
share capital of the Caribbean Information & Credit Rating Services Limited (CariCRIS),
with an investment of US $ 300,000. The Caribbean rating agency is a unique initiative -it is the world's first regional credit rating agency. It will offer rating and other services in
19 countries. CRISIL will also provide technical assistance to the agency to establish and
stabilise its operations.
Market Leaders in Offshore Investment Research

Irevna offers investment research services to the world's leading investment banks and financial
institutions. Founded in 2001, Irevna pioneered the 'outsourced research' concept, where the firm
helps large financial institutions to carry out investment research, at a time when accepted
wisdom did not consider this possible.

We continue to be the market leaders in the industry, being the largest

pure-play provider of equity, credit and derivatives research services. Being the most
experienced player in this industry, Irevna's activities span the entire value chain of investment
research. We obviously are experts in building financial models and drafting investment reports
but several of our clients see a lot of value in using Irevna as an 'intellectual partner'- helping
them to generate investment ideas and converting ideas to structured investment products.
In May 2005, Irevna became a part of CRISIL, India's leading Ratings, Financial news, Risk and
Policy advisory company. CRISIL's majority shareholder is Standard & Poor's, the world's
foremost provider of Independent credit ratings, Indices, Risk evaluation, Investment research,
Data and Valuations.