Icra
alters Tata Motors NCD
Financial Express — December
18 2003
Tata
Motors Ltd said that Icra has altered the rating
of the company's long-term non-convertible debentures
(NCD) programme aggregating Rs 550 crore up from
LAA to LAA+ (indicating high safety). The rating
assigned to its Rs 1,200 crore commercial paper
programme has been retained at A 1 + (indicating
highest safety)
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