Telco to raise Rs 345 crore via CPs, debentures
Tata Engineering and Locomotive Company will raise roughly Rs 345 crore via commercial papers and non-convertible debentures shortly to meet its capital expenditure. The company plans to raise Rs 300 crore through CPs and another Rs 34.35 crore through the NCD route.
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Dunlop appoints McKinsey for `diagnostic' survey
Tyremaker Dunlop India has engaged consultants McKinsey & Company to prepare a survey-cum-study. McKinsey, which the company sources said was appointed a month ago, has been asked to make a `diagnostic' study.
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