Tag: downgrades

CARE Ratings downgrades Tata Motors with negative outlook on JLR worries

Source: businesstoday.in . CARE Ratings on Monday downgraded Tata Motors’ long-term credit rating amid weak financial performance reported by its British subsidiary Jaguar Land Rover Automotive PLC (JLR). CARE Ratings in a press release said it has downgraded the rating on the long-term bank facilities of Tata Motors (TML) to ‘AA-/Negative’ from ‘AA/Stable’, but reaffirmed

India Ratings downgrades Reliance Infra

Source: livemint.com New Delhi: Ratings agency India Ratings Friday downgraded Reliance Infrastructure Ltd’s long-term issuer rating to ‘D – Issuer Not Cooperating’. The downgrade comes barely a week after the Anil Ambani-led company’s auditors raised red flags over its financial results as well as “significant doubt” over the group’s ability to continue as a going

Business Top 5: Yes Bank stock crashes 13% after UBS downgrades it to ‘sell’ with target price of Rs 90

Source:- Business Top 5: Yes Bank stock crashes 13% after UBS downgrades it to ‘sell’ with target price of Rs 90 Earlier, on 11th June’19, NMDC had stopped production at all its mines in Bailadila following protest from locals. The miner had suspended mining at Bailadila Complex consisting of Bacheli and Kirandul mining blocks in