Moody's changes outlook on Tata Motors to stable

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By Hernandez in Business
Updated 3 years ago

Moody's Investors Service on Friday changed the outlook on Tata Motors (TML) to stable from negative. At the same time, it affirmed TML's B1 corporate family rating (CFR) and B1 senior unsecured ratings. The stable outlook reflects Moody's expectation of a continued recovery in auto sales in each of TML's...

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