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Tag Archives: Tata Motors

Overnight Market News – August 10, 2010

10-Aug-10

China’s Trade Surplus Surges 170% to an 18-Month HI of USD 28.7B in July as Exports Grew to a Record Level and Import Gains Eased Bank of Japan Keeps Key Interest Rate Steady at 0.1%, Holds Off on Policy Decision Regarding Stronger Yen US Private Equity Firm, KKR & Co Cancels Plans to Raise Additional [...]

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Tata Motors Plunges

10-Oct-09

Yesterday, shares of Tata Motors Ltd. plunged 5.12% after the company announced that it had raised US$750 M through a rights offer, to help it pay down debt related to its acquisition of Jaguar and Land Rover last year. Tata’s growing debt burden, which stood at approximately US$5.2B at the end of June, has ratings [...]

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Overnight Market News – August 11, 2009

11-Aug-09

Russia’s GDP Shrinks by Annualized 10.9% in Q02 2009, Steepest Contraction on Record UK Life Insurer, Friends Provident Plc Agrees to USD 3.1B Takeover by Resolution Ltd Bank of Japan Holds Key Interest Rate Steady at 0.1%, But Deflation Still a Concern as Weak Demand Persists India’s Tata Motors Secures Private Financing for Jaguar Land [...]

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Overnight Market News – June 29, 2009

29-Jun-09

UBS AG to Pay As Much As USD 4.6B to Settle US Tax Probe Vodafone Considers Purchasing T-Mobile UK, Potentially Creating Biggest Mobile Phone Operator in the UK UK-Based Financial Companies Plan 13k in Job Cuts Even As Optimism Grows India’s Biggest Automaker, Tata Motors Ltd Announces Launch of Jaguar and Land Rover Brands in [...]

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