business

Tata Steel FPO opens; to review add'l fund raising later

The follow-on public offer (FPO) of the world's seventh largest steel maker Tata Steel opened for subscription on Wednesday. The company aims to raise Rs 3,385.8-3,477 crore through the issue, which will close on January 21. "The board will review additional fund raising later," said, the group’s chief financial officer Koushik Chatterjee.

first published: Jan 19, 2011 12:39 pm