D&B Rates Elan Emerging Technologies Highly on Performance Capabilities and Financial Strength
Submitted by: Elan Technologies
2012-05-08 09:24:53
D&B has assigned a "NSIC-D&B-SMERA: SE2 A" rating to Elan Emerging Technologies which indicates High performance capability and High Financial strength. The company is elated with such an acclaim and recognition.
(OPENPRESS) May 9, 2012 -- Elan Emerging Technologies added another feather to its cap. The company received "SE 2A" rating from the well-known business reporting agency Dun & Bradstreet India (D&B) in association with NSIC and SMERA, which signifies company's immense performance capabilities and high financial strength. This rating is testimony that Elan has high capability of delivering outstanding results to its customers and establish greater relationships with its suppliers.
The NSIC-D&B-SMERA credit rating is assigned to companies based on their working structure, overall operational performance and financial standing. D&B assigns credit rating to companies based on recent state of affairs and a universal rating system which describes a company's health and impending future. This rating exercise is done on a periodic basis and is a strong assurance that Elan Emerging Technologies is based on a sound footing provided there are no significant changes within the company. The business and financials are expected to remain steady without any drastic changes according to the D&B assessment. Elan is required to seek a review of the rating if there are significant changes within the company.
About Elan Emerging Technologies
Elan is custom Web, Cloud & Mobile Applications development company with presence in USA, Canada & Europe and offshore development team. It was selected as winner in Top 50 Fastest Growing Companies in India and in Fast 500 Asia Pacific by Deloitte for 2011.
About Dun & Bradstreet
Dun & Bradstreet (NYSE:DNB), the world's leading source of global business information, knowledge and insight, has been enabling companies to Decide with Confidence for over 170 years.
About NSIC
National Small Industries Corporation Ltd. (NSIC), is Government of India Enterprise under Ministry of Micro, Small and Medium Enterprises (MSME) India.
About SMERA
D&B India has partnered with Small Industries Development Bank of India (SIDBI) and CIBIL to set up SMERA (Small Medium Enterprise Rating Agency), India's first rating agency focused on the small & medium enterprise (SME) sector.
