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Bloomberg, that all knowledgeable financial software, news, and data company, has very recently reported that Tata Motors Ltd has plans to raise billions of......rupees in order to expand the operations of its recently purchased luxury automotive brands, Jaguar and Land Rover, as well as pare down the debt brought about for the purchase of the above mentioned brands in the first place. Refinancing of debts is a usual thing nowadays as even giant conglomerates like TATA also resort to this financial decision. Now the actual amount in US Dollars is only One ($1) Billion. It sounds so massive in when converted in Rupees - 47 Billion Rupees. The Indian company also famous for building that ultra cheap Nano car is actually gearing up Jaguar-Land Rover for growth in emerging markets, namely China and India. Tata will open up more showrooms in India and in China, a sales/ distribution company. Jaguar sold 8,821 units in a 10 month period. This is 8,000 cars that Jaguar would not have sold if it had not entered the Chinese market. It would seem pretty good business sense for Jaguar-Land Rover to expand into these markets which is expanding in leaps and bounds. This is also coupled with the fact that the new Jaguar XJ and XF as well as the current crop of Range Rovers and Land Rovers are actually brilliant products that people actually want to buy. Tata is planning to raise the amount via shares, equity and the like in order to come up with the $1 billion required for this exercise. Earlier, Tata had already raised 41 billion rupees through a rights offer in October 2008. The Tata Group, which is the holding company which other businesses include making steel, computer software, tea and power , invested 30 billion rupees by subscribing to the offer. And while Tata Motors had debt of 185.3 billion rupees (according to Bloomberg financial data), partly due to the loans taken to purchase the luxury vehicle unit from Ford Motor Co. for $2.5 billion in 2008, the corporate family rating was raised to B2 from B3 with a positive outlook at Moody