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S&P lifts the long-term credit rating on Tata

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stuffit Member Profile stuffit Member Level 
Monday, July 09, 2012 7:19:11 AM
Re: EZ2 post# 465766 Post # of 510892 
S&P lifts the long-term credit rating on Tata Motors (TTM) and gives the automaker a positive outlook with sales coming in strong from its Jaguar Land Rover unit. The agency says that it will boost its rating again if Tata can bring its debt-to-operating profit ratio down to 2.5 or better


Concentrate, and ASK the 8-Ball!
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