Tata Consultancy Services, the largest IT firm of the country, said on Tuesday global rating agency Standard & Poor's has assigned an investment grade to the company.
The corporate credit rating with a positive outlook, BBB, is higher than India's rating and "highlights the financial robustness of our business model and operating strengths of the company," TCS informed the Bombay Stock Exchange.
"The S&P rating also reflects our conservative financial policy that restricts the use of debt and ensures adequate liquidity. This rating is the highest issued for