Tata Motors planning to raise as much as $1 billion from selling securities

Sources confirmed today that Tata Motors a.k.a. the owner of Jaguar and Land Rover, hired Credit Suisse Group AG and Citigroup Inc. in order to raise as much as a $1 billion from selling securities. Apparently Tata may tap capital markets in the next month and may consider options including a private placement, shares with differential [...]

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