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Tata Motors to borrow from public to fund Land Rover Purchase

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Old Dec 1, 2008 | 03:06 PM
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Default Tata Motors to borrow from public to fund Land Rover Purchase






Hopefully this won't increase service prices even more!

Tata Motors to borrow from public to fund JLR buy


Press Trust of India / New DelhiDecember 1, 2008, 20:23 IST


Struggling to finance its $2.3 billion purchase of Jaguar and Land Rover (JLR), home-grown auto major Tata Motors is looking to borrow from public, offering up to 11 per cent annual interest for a period of up to three years.


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http://www.business-standard.com/ind...22/27/50449/on
 
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