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31 Oct
17:57

Tata Steel Limited takes credit rating hit

Tata Sons troubles continue as flagship subsidiary Tata Steel Limited ratings have been downgraded by Bengaluru-based analyst Brickwork Ratings. In an Indian stock exchange posting monitored by Kallanish, Tata steel confirms that, “… the ratings change has resulted due to the uncertainty consequent to the recent change in top management at Holding Company/Group Level which could slow down vital decisions such as cost cutting and deleveraging the bal…
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