India Inc gets set for big spending

PUBLISHED ON: November 14, 2006

   
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Be it the Tata's, Reliance, M&M or L&T, India Inc is getting ready to spend big bucks and much of that money will come from abroad. Indian companies are expected to step up their overseas borrowing in the coming months with some estimates suggest that Indian companies could raise up to $2 billion in the next six months from the US private placement market alone.
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