Tata Motors (Investor's Business Daily)

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Investor's Business Daily - Tata Motors , India's largest automaker by sales, is selling common stock and stock with differential voting rights to raise at least $525 mil. The owner of Jaguar and Range Rover intends to use the money for debt repayment, capital spending, long-term working capital and "growth objectives." Shares rose 0.3% to 25.59.

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