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Trent raises $50 million via share sale: sources
LIC has bailed out the government before. It bought shares in state-owned banks in 2009. In 2010, it bought the government's stake in a mining firm. This time, it is injecting a billion dollars into some state banks. It has also bought out part of the gov
13 Mar 2012, 10:53 AM IST 
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Shinzo Nakanishi, Managing Director, Maruti Suzuki India
Trent Ltd on Tuesday raised 2.5 billion rupees through a share sale to institutional investors at 912 rupees a share, two sources with direct knowledge of the matter told Reuters.The issue, which was launched late on Monday was oversubscribed nearly two times, said the sources, who declined to be named as the information was not yet public.Domestic institutions, including the state-run Life Insurance Corporation of India, were among ...
