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Tata Teleservices (Maharashtra) Limited is planning to raise $250 million from domestic and foreign markets.

October 15, 2009

Tata Teleservices (Maharashtra) Limited is planning to raise $250 million from domestic and foreign markets. The company's board of directors has sought the shareholders' approval to raise the sum through foreign currency convertible bonds, American depository receipts and global depository receipts. The company will also raise some part of the funds through private placement of shares with qualified institutional buyers (QIBs).

 
 

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