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JLR might prove costly for Tata

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  • Published On: March 27, 2008
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Most well heeled people aspire to buy a few of these fabulous cars but Ratan Tata has gone ahead and bought the company that makes Jaguars and Land Rovers. But how will the $2.3 billion dollar bill be financed. Tata Motors will borrow in the short term and use equity in the longer term to finance the purchase.
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