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LIPLLanxess India Private Limited
LIPLLubrizol India Private Limited (oil products)
LIPLLiberty International Pensions Limited (UK)
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The agency's rating is based on the established track record of the firm's owners in the Noida (Uttar Pradesh) region, LIPL's moderate booking levels, healthy customer advances and low approval risk for its current project.
Future ratings will reflect LIPL's ability to achieve bookings in its project and meet its construction schedule.
Under the leadership of the former Saint-Simonian Charles Lemonnier, the LIPL identified economic misery, social injustice, and political tyranny as the causes of war.
(12) The LIPL spread its views through a journal significantly titled Les Etats-Unis d'Europe.
The virtual disappearance of controversial social questions from the LIPL's agenda in favor of purely juridical ones provides one indication of this transition.
The upgrade reflects strong turnaround achieved by LIPL in the first nine months of 2010-11 (refers to financial year, April 1 to March 31).
The upgrade has also factored the impact of LIPL's proposed Rs.7.5 billion capital expenditure (capex) between 2010-11 and 2014-15.
The ratings reflect LIPL's established market position in the departmental stores category, its diversified revenue profile, the strong support it receives from its parent, the Landmark group, and the benefits that LIPL is expected to derive from the healthy growth prospects for the organised retail sector.
For arriving at its ratings, CRISIL has combined the business and financial risk profiles of LIPL and Lovely Enterprises Pvt Ltd (LEPL).