Indian GDRs worth $943 mn start trading on LSE platform

The Global Depository Receipts of three Indian cos -- Tata Steel, Tata Power and Suzlon Energy -- worth USD 943 million (about Rs 4,540 crore) have started trading on the depository receipts platform of the London Stock Exchange.

Suzlon raises $202 mn via GDRs, bonds

Suzlon Energy, the world`s No. 5 wind turbine maker, said on Tuesday it raised USD 202 million through issue of global depositary receipts (GDRs) and convertible bonds.