| Tata Realty and Infrastructure Ltd (TRIL), a subsidiary of Tata Sons, is raising Rs. 1,400 crore through a non-convertible debenture (NCD) issue to replace debt in a project in Chennai with long-term, cheaper borrowing.
TRIL Infopark Ltd is a special purpose vehicle (SPV) building a 26 acre special economic zone (SEZ) project, Ramanujan IT City, a joint venture development by TRIL, Indian Hotels Co. Ltd and Tamil Nadu Industrial Development Corp. Ltd...............................................Full Article: Source
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