Jaguar Parent's Bond Sinks as Weak Rupee Blights India Credit - Bloomberg


6/26/2022 12:00:00 AM2 years 10 months ago
by Divya Patil

The debt of Jaguar-owner Tata Motors and mining giant Vedanta Resources Ltd. suffered their biggest drop on record last week, among a handful of Indian companies whose bonds plummeted as the rupee sank to a record low.

The debt of Jaguar-owner Tata Motors and mining giant Vedanta Resources Ltd. suffered their biggest drop on record last week, among a handful of Indian companies whose bonds plummeted as the rupee … [+225 chars]

full article...