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Friday, July 17, 2009 - 05:30 IST
News Roundup: Sterlite Raises $1.5 Bn in ADR Issue
BY TEAM VCC
While $500 million would come from parent Vedanta, the rest is from institutional investors.
Sterlite Raises $1.5 Bn in ADR Issue - Sterlite Industries, in the first American Depository Reciept issue for an Indian company in two years, has raised $1.5 billion (Rs 7,200 crore). The funds will be used by Sterlite,...
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