"Strong Indian companies seeking to raise funds from the overseas markets are constrained by the fact that they cannot manage ratings higher than India's sovereign rating. This is despite adequate safety of returns and an inherently strong and viable business and it leads to a higher cost of borrowings," Icra managing director, PK Choudhary said. "Moody's will help such companies find exceptions to this rule. This will include tying up with global `guarantee companies, like Financial Securities Assurance (FSA) of US and Global Guarantee Assurance of Singapore to lend support in order to get better rating and as a result raise funds at a lower cost," he added.

"The seminars will be held in Mumbai, Delhi and Bangalore in the month of October, this year.Key speakers include David Levy, the managing director of Moody's for sovereign ratings," Icra managing director said.

Meanwhile, the domestic rating agency is also expected to come out with industry analysis reports covering the auto-ancillary and oil-and natural gas sectors. "These reports will be release early next month and form a part of the investor awareness programme initiated by Icra," Choudhary said.