Ashok Leyland to borrow $250 m from overseas market

Ashok Leyland will raise $250 million (Rs 1,100 crore) through the ECB-route. "We will hit the market within a week," the company's Executive Director-Finance, Mr K. Sridharan, told Business Line on Tuesday. The money would be used to finance the company's capital expansion projects at Ennore and Uttaranchal