Fitch affirms Tata Steel with a negative outlook
New Delhi : Fitch Ratings has affirmed Tata Steel Limited’s (TSL) Issuer Default Rating (IDR) at ‘BBB-‘ with a “negative” outlook, and the senior unsecured rating at ‘BBB-‘, the rating agency said in a statement. Concurrently, Fitch has withdrawn Tata Steel Limited’s ratings. On Friday, Fitch said it has chosen to withdraw Tata Steel’s ratings…