Business - Briefly   

Tata Power to raise $200 m

MUMBAI, FEB. 9. Tata Power Company will raise $200 million through foreign currency convertible bonds (FCCB) from the international market. The offering opened for subscription today. These bonds would be listed on the Singapore Stock Exchange, the company informed the Bombay Stock Exchange. The one per cent coupon FCCB offering having a five-year maturity would be convertible at 50 per cent premium over the closing share price of February 8. — PTI

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Classifieds | Employment | Obituary | Updates: Breaking News |

Stories in this Section

No downward revision of oil prices, says Aiyar
FDI in retail and real estate soon: Kamal Nath
MCA launches e-governance initiative
`Pay service tax and sleep well'
Siemens to invest $500 m
Rupee declines further
Significant socio-economic spin offs of IT: Nasscom
Bharti revamps mobility business
European missile major scouting for software developers
Bajaj Auto moves High Court to restrain UTI
Foreign companies allowed to extend ESOP scheme
`Happiness? IT's the tip of your tail!': Premji
HP CEO steps down
UTI-I to offload part of equity portfolio
Sensex gains 49 points
Bullion rates
Exchange rates
UTV price band at Rs. 115-130
Tata Power to raise $200 m
ICICI Prudential raises capital
NIIT ties up with SAP
Max New York Life opens branch
Xansa's expansion plans
ICNET to restart operations
Tata AIG launches `Business Travel Guard'
New GM for Chittaranjan Locomotive

Copyright © 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu