RITES-CRISIL MoU for Data-led Infrastructure Consultancy
Why in the news
RITES Limited tied up with CRISIL through a Memorandum of Understanding (MoU). The two will jointly craft consultancy offerings driven by data, for domestic as well as foreign clients.
Key facts
- Parties: RITES Limited and CRISIL.
- Instrument: Memorandum of Understanding (MoU).
- Markets: India and overseas.
- Idea: combine RITES’ infrastructure know-how with CRISIL’s analytics and research capability to strengthen advisory support.
Sectors and focus areas
| Sectors for advisory | Work to be done |
|---|---|
| Transport, energy, water | Financial due diligence |
| Hydropower, wastewater | Valuation support and market intelligence |
| Industrial infrastructure | Building analytical models |
Exam angle
- Remember the pair of organisations: RITES Limited with CRISIL.
- Type of agreement: MoU aimed at data-driven consultancy.
- Focus areas: due diligence, valuation, market intelligence and model development.