Mumbai: Tata Motors, which is all set to take over the British luxury cars Jaguar and Land Rover, has said that it will be mopping up Rs 4,000 crore from the market via issue of securities. The board of directors at its meeting held on March 11 cleared the proposal. The funds, which will be raised in India and overseas in one or more tranches, will be for the company''s expansion in India and overseas and for strategic acquisitions and alliances.
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