Tata Motors announced that S & P Global Ratings has downgraded the credit rating of the Company and Jaguar Land Rover Automotive Plc, Wholly Owned Subsidiary. Tata Motors Issuer Credit Ratings - BB-/Negative Watch (Revised from BB due to weaker profitability at JLR) Senior Unsecured notes Ratings - BB-/Negative Watch (Revised from BB due to weaker profitability at JLR) Jaguar Land Rover Automotive Plc Issuer Credit Rating - BB-/Negative Watch (Revised from BB due to weaker profitability) Senior Unsecured notes Ratings - BB-/Negative Watch (Revised from BB due to weaker profitability) Powered by Capital Market - Live News