CARE also suspended the `CARE C' rating assigned to the Rs 5 crore fixed deposit (FD) programme and Rs 15 crore preference share programme of Ace Laboratories Ltd due to the company's failure to furnish the information required by CARE for monitoring the rating.

CARE has assigned `CARE AAA' rating indicating highest safety to the Rs 430 crore bond issue of Nuclear Power Corporation of India Ltd (NPCIL). The rating reflects consistent improvement in NPCIL's operational and financial performance, storming central government support due to the strategic nature of the industry, significant improvement in the solvency and liquidity position and substantial increase in size on account of commissioning of fresh capacities. CARE has assigned an `PR1+' rating indicating `superior' to the proposed Rs 4 crore commercial paper programe of Hero Financial Services Ltd.