Date:25/08/2006 URL: http://www.thehindu.com/2006/08/25/stories/2006082505821703.htm

Business - Briefly

Tata Steel to raise $750 m syndicated loan

NEW DELHI: Tata Steel on Thursday said it would raise a syndicated term loan worth Rs. 3,450 crore ($750 million) from international banks to support its capital expenditure plans and future acquisitions.