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Wednesday, December 16, 2009

Bajaj Hind to raise Rs 2,000 cr

Bajaj Group promoted sugar major, Bajaj Hindusthan, has informed the Bombay Stock Exchange that it would raise long-term funds up to Rs 2,000 crores from the domestic or international market in one or more tranches.

In a filing to the Bombay Stock Exchange, it said it would raise the funds by further issue of equity shares r securities convertible into or exchangeable with equity shares. The company took this decision during its extra ordinary general meeting held today

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Jul 15
18:25 Redbook Index (YoY) 1 5.2% 5.9%
18:45 Fed's Bowman speech 2
n/a GDT Price Index 1 1.1% -4.1%
21:45 Fed's Barr speech 2
22:30 Fed's Barkin speech 2
Wednesday, Jul 16
00:15 Fed's Collins speech 2
01:30 BoE's Governor Bailey speech 3
01:30 Annual Budget Release 1
02:00 API Weekly Crude Oil Stock 1 -2.0M 7.1M
05:15 Fed's Logan speech 2
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