Recent Event Highlights: Tata Motors raised Rs 264 crore through revised fixed deposit scheme, Tata Motors raises Rs 264 crore in new FD scheme, Tata Motors FD scheme defies struggling market, Tata Nano finally goes on sale across India - The Associated Press, Nano bookings to soothe Tata Motors funding woes - Reuters, Tatas may offload stake in unlisted co to raise $100 mn, and 5 more...
Created by dipity on Apr 8, 2009
Last updated: 05/29/10 at 11:15 PM
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Tata Motors, India’s biggest automobile company this year in August had launched revised fixed deposit scheme and company has raised Rs 264 crore through this scheme. Company has the permission to raise Rs 1,300 crore from the revised scheme
The rate
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Invest Money in India
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Tata Motors, India’s biggest automotive company by revenue, has so far raised Rs 264 crore through the revised fixed deposit scheme which it launched in August this year. The company is authorised to raise Rs 1,300 crore from the revised scheme.
The
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Business Standard
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After the successful Nano launch, Tata Motors now has another reason to celebrate. The company’s fixed deposit scheme has already mopped up Rs 2,000 crore in a short span of four and a half months, at a time when most other company deposit schemes are
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Business Standard
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The Associated PressTata Nano finally goes on sale across IndiaThe Associated PressDespite the festivities, analysts say Nano sales won't do much in the short term to help debt-strapped Tata Motors, which is facing falling sales and is in talks with banks to refinance a $2 billion loan it took out to buy Land Rover and Jaguar from ...What you need if you’re going for the Nano Business Lineall 503 news articles
http://www.google.com/hostednews/ap/article/ALeqM5jYOPTsz3oLfjfjqaDhRrhtjBpwTwD97FCKQ00
Business LineWhat you need if you’re going for the NanoBusiness Line, IndiaThose who choose to retain their booking deposit will be eligible for interest on their deposit. However, note that this interest will be paid only from the date when Tata Motors announces the second set of allotments. The interest rate will be at 8.5 ...
http://www.thehindubusinessline.com/iw/2009/04/05/stories/2009040550731400.htm
SifyNano: The third RSify, IndiaFrom the booking of the randomly chosen first one lakh cars, Tata Motors is reported to have announced that it expects to garner Rs 1100 crore by way of deposits made at the time of booking. The rates for booking have been pegged at Rs 95000, ...
http://sify.com/finance/fullstory.php?id=14876224
ReutersNano bookings to soothe Tata Motors funding woesReutersOnce selected, the company keeps their deposit and pays no interest. Assuming some opt for the more expensive models, which have deposits of 120000 rupees and 140000 rupees, Tata Motors could receive an average booking fee of $2000 per car. ...The Tata Nano The new people's car EconomistHow customers can book their Nano Hindu Business Lineall 2,097 news articles
http://www.reuters.com/article/innovationNews/idUSTRE52N2KZ20090324
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...arm of the group — raised over Rs 3,000 crore through a non-convertible bonds issue with a greenshoe option. Tata Motors has also floated a fixed deposit scheme that opened in early-December and offers 10.5% for a two-year tenure and 11% for a three-year...
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Times of India
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http://economictimes.indiatimes.com/Opinion/Tatas-may-offload-stake-in-unlisted-co-to-raise-100-mn/rssarticleshow/4215650.cms
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...crore through a non-convertible bonds issue having a greenshoe option. The issue was oversubscribed six times. Tata Motors has also floated a fixed deposit scheme that opened in early December and offers 10.5 per cent for a two-year tenure and 11 per cent...
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Calcutta Telegraph
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http://www.telegraphindia.com/1090302/jsp/business/story_10612226.jsp
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...market the offer. Apart from the Rs 500-crore NCD issue, Tata Capital will also approach the group employees for Tata Motors fixed deposit scheme. Tata Motors has so far garnered Rs 610 crore from the public for the scheme that opened in early December and...
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Calcutta Telegraph
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http://www.telegraphindia.com/1090209/jsp/business/story_10506390.jsp
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...to divulge the cash balance with the company. Since December 1, 2008, the company has collected Rs 610 crore under the Tata Motors fixed deposit scheme. A few months ago, the company had created a vendor council. The president of this council is a vendor and...
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Zee News
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http://www.zeenews.com/articles.asp?aid=504935&sid=BUS&ssid=53
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...scheme with no time limit. Investors can invest till the time company communicates the closure of the scheme." Tata Motors is offering two fixed deposit schemes a quarterly income plan with interest ranging from 10-11 per cent on minimum deposits of Rs 20,000...
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Hindustan Times
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http://www.hindustantimes.com/redir.aspx?ID=6ca2424b-afd5-491b-9a41-5a94ab0bb491&SectionName=RSSFeed-Business
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...of appealing directly to the public for funds, offering fixed deposit rates from 10 percent to 12.83 percent. Analysts say Tata Motors' cash needs are critical. Credit Suisse said that in addition to funding the balance of the bridge loan, which comes due...
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PR-Inside.com
http://www.pr-inside.com/tata-motors-keeps-spending-on-jaguar-r978763.htm
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...reduced. If we have placed fixed deposit in several banks, then even if one of the bank goes bankrupt our entire fixed deposit investment is not lost. Similarly if our equity investment is in Tata Motors, HLL, Infosys, adverse news about Infosys...
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Rediff
http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2006/jul/20perfin1.htm
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