JLR Woes: Moody’s changes Tata Motors’ outlook to negative from stable
Moody’s Investors Service has changed the outlook on Tata Motors Limited’s corporate family rating to ‘negative’ from ‘stable’, a day after it cut its rating on company’s UK unit by one notch. A negative outlook indicates that there is likelihood of a cut in the credit rating. The ratings firm, however, did not cut the […]