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Wednesday, November 25, 2009

India's Unitech seeks to raise $700 mln bonds

Unitech Ltd India's second-largest real estate firm, has sought approval from the government and the central bank to raise $700 million through foreign currency bonds,reported on Wednesday.

Citing an unnamed company official, the newspaper said Unitech would use the money for building an integrated township project.

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GMT+5:30 Event Vol. Actual Consensus Previous
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01:00 CFTC S&P 500 NC Net Positions 1 $-69.4K
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04:31 Rightmove House Price Index (MoM) 1 0.6%
04:31 Rightmove House Price Index (YoY) 1 1.2%
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