Tata Projects to mop up Rs 1,000 cr to fund infra projects

摘要

Top Tata group companies are on a fundraising spree from both local and international markets as they expect the economy to pick up in the second half of the current financial year. After Tata Sons, which plans to raise $2 billion, Tata Projects is looking to mop up nearly Rs 1,000 crore from local institutions to fund its infrastructure projects and retire old loans.