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India Inc grapples with rising rating downgrades, revisions in outlook

With the impact of Covid-19-driven lock-down becoming severe, Indian corporates are witnessing a rise in rating downgrades and revisions in outlook, mostly to negative. One such major downgrade was announced for Tata Motors Ltd, with rating agency Fitch downgrading Tata Motors Ltd’s Long-Term Issuer Default Rating (IDR) […]

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