Tata Teleservices Maharashtra Ltd (TTML) Considering to Raise Up to Rs. 20,000 Crore Funds
Tata Group's telecom company Tata Teleservices Maharashtra Ltd (TTML) said that it's planning to raise up to Rs. 20,000 crore via preference shares to promoters or via bonds. Tata Sons recently announced a merger with Bharti Airtel which is a "debt-free (and) cash-free." Under the deal, over 40 million Tata Teleservices customers will be moved to Bharti Airtel, after the deal completion. TTML, in a notice to the stock exchange,... Read More
