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Fund expansion News
Distributors said we'd be lucky if we sold 2,000 Aakash tablets: Suneet Singh Tuli From being a $10-million company, Datawind, better known as the manufacturer of low-cost tablet, Aakash, is now aspiring to become a half-a-billion-dollar company in just 12 months. Datawind CEO Suneet Singh Tuli shares with Piyali Mandal how, riding on Aakash, the company's valuation has tripled and how it is planning to raise more capital to fund expansion in 2012. Edited excerpts: Recently, your
Essar Oil to raise $1.5 bn in foreign currency loans
Essar Oil Ltd (EOL) has said it would raise up to $1.5 billion (Rs 6,800 crore) in foreign currency loans to fund expansion.
New deal to take SpiceJet higher
Airline to see good times with new promoters expected to fund expansion plans.
Videocon rights issue to fund expansion
The Rs 10,673-crore Videocon Industries may utilise the proceeds of its Rs 1,200-crore rights issue to fund expansion of its oil exploration business in countries such as Brazil and Mozambique. It may
UltraTech plans public offer to fund expansion
UltraTech is planning a follow-on public offer to fund the expansion of its Fund expansion Galleries
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