Tata Motors block cruises by as Fed decides

Tata Steel is the first Asian company to complete an equity trade after the decision not to raise US interest rates.

Tata Steel capitalised on the Federal Reserve’s overnight decision to keep US interest rates unchanged by bringing to market a Rs25 billion ($376 million) block trade of Tata Motors shares before the market opened on Friday.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media