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 group.

Effective April 01, 2007, CRISIL has transferred its advisory business (CRISIL Infrastructure Advisory and CRISIL Investment & Risk Management Services) into a 100% subsidiary CRISIL Risk and Infrastructure Solutions Limited. The activities of the erstwhile CRISIL Investment & Risk Management Services group, will now be represented by the brand CRISIL Risk Solutions.

CRISIL's association with Standard & Poor's, 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 & Poor's 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.

CRISIL Ratings is the only ratings agency in India to operate on the basis of sectoral specialisation. It reflects our sharpness of analysis, the responsiveness of the process and the large-scale dissemination of opinion. CRISIL Ratings plays a leading role in the development of the debt markets in India.

The Rating Criteria & Product Development Centre, responsible for policy research, new product development and ratings' quality assurance, has developed new ratings methodologies for debt instruments and innovative structures across sectors.

CRISIL Ratings provides technical know-how to clients worldwide. We have helped set up ratings agencies in Malaysia (RAM), Israel (MAALOT) and in the Caribbean.

To learn more about CRISIL Ratings, click here.

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. To learn more about economy, industry and company research services, click here.

CRISIL Research also 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 the financial data analysis business, click here.

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 CRISIL’s services to Treasuries and Funds, click here.

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.

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, a division of CRISIL, provides high-end customised equity research and analytics, and knowledge process outsourcing, to the world's leading financial institutions, investment banks, private equity firms and consulting companies, helping them achieve sustainable competitive advantage.

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.

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.

CRISIL has acquired UK’s 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.

CRISIL's 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, Société Générale, 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

CRISIL Risk Solutions 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, CRISIL Risk Solutions 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 CRISIL Risk Solutions, click here.