Tata Chemicals shares saw a rise following the report of a reduced net loss for the March quarter. The company’s board proposed a dividend of Rs 11 per share. Revenue experienced a slight increase, but EBITDA declined. The board also approved raising funds through term loans or NCDs. Market conditions are challenging, but the long-term outlook is positive.
Moody’s Ratings affirmed Tata Motors’ Ba1 corporate family rating with a positive outlook, while upgrading Jaguar Land Rover’s (JLR) rating to Ba1. The upgrade reflects
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