The outlook of Tata Motors Passenger Vehicles Ltd. (Tata Motors PVs) has been revised to negative from stable, citing a slower-than-expected recovery at its wholly owned subsidiary, Jaguar Land Rover Automotive PLC (JLR), according to the S&P Global Ratings.
Singapore, August 20 (ANI): S&P Global Ratings on Friday placed the long-term issuer and issue credit ratings on Tata Steel Ltd, Tata Motors, ABJA Investment Co Pte Ltd, TML Holdings Pte Ltd and Jaguar Land Rover Automotive Plc on creditwatch with positive implications.
Singapore, May 14 (ANI): Moody's Investors Service on Friday changed the outlook to stable from negative on Tata Motors Ltd (TML) and affirmed TML's B1 corporate family rating and B1 senior unsecured ratings.