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Q19)Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors. Conclusions: I. Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies. II. Now the investors investing in IT companies will get protection of their investment. |
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Answer» Q19)Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors. Conclusions: I. Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies. II. Now the investors investing in IT companies will get protection of their investment. |
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