National Securities Clearing Corporation Ltd (NSCCL), a subsidiary of NSE, has received the highest corporate credit rating 'CCR AAA/Stable' from Crisil.
This is the 10th consecutive year it received such ratings.
The rating indicates the highest degree of strength with regard to honouring debt obligations, National Stock Exchange (NSE) said in a statement.
Also, this reflects NSCCL's strong operational and financial linkages with its parent, the NSE and comprehensive risk management systems.
Crisil has reaffirmed the outlook for NSCCL as "stable" and said "NSCCL will continue to have strong market position over 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, today said it has crossed Rs 100 crore sales mark during January- October of 2017.
"Amway Queen, the premium cookware range from the country's leading direct selling FMCG company, has crossed sales of Rs 100 crore...," Amway said in a statement.
The company launched Amway Queen Cookware in January this year to cater to the growing demand from the health conscious consumers.
Amway India, its wholly-owned subsidiary, sells more than 130 daily use products across categories like nutrition, beauty, personal care and home care through Amway Direct Sellers (ADS) who make personal recommendations regarding the use of distinctive quality products.
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