MUMBAI (NewsRise) -- Moody's Investors Service placed Tata Motors' rating under review for a downgrade, as the raging coronavirus pandemic threatens to further weaken the Indian automaker's already fragile credit profile.
The rapid spread of the pandemic, alongside deteriorating global economic outlook and falling oil prices, are creating a "severe and extensive credit shock across many sectors, regions and markets," the ratings agency said in a statement on Thursday.
