Tata Sky plans to raise up to Rs. 1,800 crore

India Infoline News Service | Mumbai | May 27, 2015 08:10 IST

The group is in talks with the private equity firms to raise the capital. The company will use the money for its technology upgradation and expansion, says report.

Tata Sky is in talks with private equity firms to raise up to Rs. 1,800 crore ($300 million), according to reports.
Report says that the company shelved its plans for an initial public offering ( IPO). 
The company will use the money for its technology upgradation and expansion, says report.
In 2013, Tata Sky had planned to list the venture.
 

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