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S&P Revises Tata Motors Rating; Stock Trades Higher
Standard & Poor's Ratings Services has revised the rating of Tata Motors, manufacturers of the prestigious Jaguar LandRover range to stable from positive. At the same time, Standard & Poor's affirmed its 'BB' long-term corporate credit rating and 'BB' long-term issue ratings ...
What happens if rating agencies downgrade India?
S&P on Friday threatened to downgrade India's sovereign rating to ‘junk' status if the government failed to keep the momentum going on reforms and containment of the twin deficits. Earlier, Fitch had also maintained a cautious outlook on India. Also read ...
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