Markets | Tata Capital gets orders for Rs5 bn bond sale

Markets | Tata Capital gets orders for Rs5 bn bond sale
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First Published: Sat, Feb 14 2009. 12 03 AM IST
Updated: Sat, Feb 14 2009. 12 03 AM IST
Mumbai: Tata Capital Ltd, the financial services unit of the Tata group, secured investor orders for Rs500 crore of notes offered in its first public bond sale, a person familiar with the matter said.
The Mumbai-based company last month said it would sell Rs500 crore of 12%, five-year bonds with an option to increase the sale to Rs1,500 crore.
It may now close the sale early, said the person, who declined to be identified since the offer remains open.
Bloomberg
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Suzlon Energy founders pledged 25.85% stake
New Delhi: The founders of Suzlon Energy Ltd, India’s biggest maker of wind-turbine generators, pledged 25.85% of the company’s shares to raise about Rs800 crore.
The founders pledged 387.2 million shares, the company said in a statement to the National Stock Exchange on Friday.
—Bloomberg
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Biyani’s co gets Rs150 cr from rights issue
Mumbai: Kishore Biyani-led Home Solutions Retail (India) Ltd along with its two investors—ICICI Ventures Funds Management and Kotak SEAF India Fund—has raised Rs150 crore through rights issue to fuel its expansion programme.
“We have raised Rs150 crore through a rights issue along with ICICI Ventures Funds Management and Kotak SEAF India Fund. We completed it just yesterday,” Future Group founder and chief executive Kishore Biyani said.
—PTI
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First Published: Sat, Feb 14 2009. 12 03 AM IST