While NCC held 67 per cent equity in HSPL, IL and FS Engineering held the balance of 33 per cent.
"Subject to the satisfaction of certain conditions precedent and compliance with applicable regulatory requirements, TAQA and JSL will progressively acquire 100 per cent of the share capital of HSPL and jointly operate the plant.
Taqa and JSL have initially bought a minority stake in HSPL
, which is a consortium comprising NCC Infrastructure Holdings Ltd and IL&FS Energy Development Company Ltd.
The agency did so because HSPL
did not provide the information necessary for monitoring its rating.
TABLE 1 Summary of paired t-Tests an temperature ane pH data Grouping n paired means significance HSPL
vs HSAdj--temperature 177 19.5, 13.0 p<0.05 HSPL
vs HSAdj--pH 145 7.62, 7.78 NS OLPL vs OLAdj--temperature 347 16.9, 14.0 p<0.05 OLPL vs OLAdj--pH 281 7.44, 7.54 NS HSPL
vs OLPL--temperature 196 15.5, 14.1 p<0.05 HSPL
vs OLPL--pH 172 7.76, 7.41 p<0.05 HSAdj vs OLAdj--temperature 344 13.2, 14.5 p<0.05 HSAdj vs OLAdj--pH 276 7.76, 7.55 p<0.05 HSPL
= Historic Site, pitcher plant leaves HSAdj = Historic Site, adjacent surface waters OLPL = Overlook Site, pitcher plant leaves OLAdj = Overlook Site, adjacent surface waters
The ratings take into consideration the overall subdued demand in real estate segment particularly in markets like US and Canada, fragmented and highly unorganized nature of the business and the moderate scale of HSPL
The assigned ratings take into account the cyclicality inherent in the stainless steel industry and the sensitivity of HSPL
to raw material price fluctuations, both of which are likely to keep its cash flows volatile, the company's leveraged capital structure and depressed coverage indicators, its working capital intensive nature of operations; thin profitability on account of high raw material costs and high dependence on select customers, leading to significant sales concentration risks.
Ken Davy owned the Giants' 20% stadium share in the company Huddersfield Sporting Pride Ltd (HSPL
16 February 2010 A[cent sign]a'[not sign]a[euro]oe India's ICRA said it assigned an LBB+ rating to the INR125m (USD2.7m/EUR2m) fund based limits of local Harso Steels Private Ltd (HSPL