UK: Moody's keeps JLR-bolstered Tata Motors' rating stable
Citing a "strong consolidated performance" for the fiscal year ended 31 March, 2014, Moody's has held its rating for Tata Motors (TML) stable at Ba3 but cautioned that the current 2014/15 financial year remains "critical for the group with both JLR and the Indian businesses facing challenges".
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