India's Tata Technologies sets price band for $2.5b IPO

India's Tata Technologies sets price band for $2.5b IPO

FILE PHOTO: A man walks past a Tata sign outside their offices in London, Britain March 30, 2016. REUTERS/Toby Melville

India’s Tata Technologies set a price band of 475-500 rupees per share for its initial public offering, per a term sheet and newspaper ad on Thursday, valuing the first Tata Group company to go public in nearly two decades at roughly $2.5 billion.

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