Tata Nano is for the Good, Nano gains in rights.

A person with no political or industrial affiliation be invited to act as an unbiased intermediate in the matter. He or she can go into the demand articulated by you and give carefully thought-out findings for the earnest consideration of all sides. If this thought was acceptable to you, please suggest a name or names. I would request the state government to respond positively.

 

Gopalkrishna Gandhi
Governor of West Bengal

 

India's top vehicle maker, said on Tuesday it would raise 41.5 billion rupees ($935 million) through two rights issues that are expected to open around the end of September. The company said it would offer one ordinary share at 340 rupees for every six held to raise 21.9 billion rupees.

 

The company, which plans to launch in October the Nano, billed as the world's cheapest car, had planned three rights issues to raise a total of 72 billion rupees, but scrapped a part of the offering last month due to souring capital markets.

 

Interestingly, while an overall 68 per cent believed that Singur area will be better off with the Tata factory, those near Singur were not so convinced, and only 59 per cent believed so.

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