Tata Sons to invest Rs 2,000 crore more in telecom arm

Within days of the Delhi High Court clearing the way for a settlement between Tata Sons and NTT DoCoMo, the Tata Teleservices board has cleared a plan to raise another Rs 2,000 crore from parent Tata Sons so that the company can meet its commitments to banks. This is the fourth time in the last four years that Tata Sons, the holding company of Tata group, will have to infuse fresh capital into the firm.

According to sources, the funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis. Tata Sons and other Tata group