S&P cuts India's Tata Motors PV outlook on slow JLR recovery from cyberattack

S&P Global has lowered its outlook for Tata Motors Passenger Vehicles to negative. This is due to a slow recovery for its Jaguar Land Rover unit after a cyberattack caused production pauses and hurt sales. The impact is more pronounced after the company split. Recovery path remains uncertain, with potential for bigger implications from the attack.