Tata Steel's cost rationalisation in European operations credit positive: Moody's"The planned cost rationalisation program is credit positive for both companies."
Moody's affirms Tata Steel’s Ba2 ratingThe rating action follows Tata Steel's announcement on May 10 that it has decided against going ahead with a planned divestment of its Euro...
Tata Steel begins to recast up to $2.5 billion of global debtThis will be among the largest fund-raising exercises that the group will be undertaking after N Chandrasekaran took over as Tata Sons chai...
Moody's upgrades rating outlook for Tata Steel to 'stable'Moody’s also expects Tata Steel to gain in Europe, by far its second largest market by volume.
Fitch Ratings maintains 'Rating Watch Evolving' on Tata SteelThe steel producers' ratings were placed on Rating Watch Evolving on 1 April 2016 after TSL said it is exploring options for portfolio rest...
Tata Steel's Speciality Steel business sale to improve performanceThe sale, which is subject to due diligence and corporate approvals, would be credit positive for TSUKH because it would dispose of loss-ma...
Tata Steel numbers to improve on India ramp-up, UK operations rejig: Moody'sIn February, Moody's downgraded Tata Steel by two notches to Ba3 from Ba1 on a weaker than expected operating performance in its key operat...
Moody's Investors Service downgrades Tata Steel's corporate family ratingIt has also downgraded Tata Steel UK Holdings Limited's (TSUKH) CFR and probability of default rating to B3/B3-PD from B2/B2-PD.
Moody's downgrades Tata Steel outlook to negativeMoody's today downgraded the outlook on Tata Steel from Stable to Negative on account of persistent weakness in the global commodity prices...
Tata Steel rallies over 2% on Moody's rating upgradeAt 09:50 a.m.; Tata Steel was trading 2.3 per cent higher at Rs 404.05 and was also one of the top percentage gainer on the Sensex.
Moody's upgrade Tata Steel's ratingsThe upgradation of Tata Steel's rating to B1 with stable outlook reflects the group-wide refinancing and the improved liquidity which would...
Tata Steel's recent plans credit positive: Moody's Investors ServiceTata Steel's decision to sell its long product biz n the UK and its bank debt refinance plan will be credit positive, Moody's Investors Ser...
Moody's affirms Tata Steel's ratingMoody's affirmed the credit ratings on Tata Steel and Tata Steel UK Holdings, saying their profitability and cash generation are unlikely t...
Signs of improvement in Tata Steel's European business: Moody'sThe European business of Tata Steel is showing signs that the recent weaknesses have been stemmed, according to Moody's Investors Service r...
Tata Steel's UK unit may see improvement in profitability"In the fiscal year ending March 2014, we expect TSUKH, which generates around 55 per cent of Tata Steel's revenue, to show better operatin...
Tata Steel's $1.6 billion write off not to impact rating: Moody'sTata Steel's decision to write off $1.6 billion (over Rs 8,700 crore) in goodwill will not have an immediate impact on its credit rating.
- S&P lowers outlook of Tata Steel UK unit to negative
Standard & Poor's today lowered the outlook of Tata Steel and its UK-based subsidiary TSUKH to 'negative' from 'stable' citing continued we...