Tech Mahindra to raise funds via QIP to retire debt
July 24th, 2009
Tech Mahindra is raising capital to pay off debts preferably through the qualified institutional placement (QIP) route. In its annual general meeting, Anand Mahindra told investors today that Mahindra Satyam will see a turnaround in four to five years. CNBC-TV18’s Kritika Saxena reports.