Lakshmanan R, a senior credit analyst at CreditSights, expressed confidence that Agarwal will live to see another day. Agarwal has teetered on the brink of defaulting before, he said, “but…
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“We view the proposed amalgamation as another positive step taken by Tata to simplify its extensive corporate structure,” as per the CreditSights report published Tuesday. ““In turn, we expect the…