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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, Jun 10
22:30 3-Year Note Auction 1 3.972% 3.824%
Wednesday, Jun 11
02:00 API Weekly Crude Oil Stock 1 -0.37M 0.70M -3.30M
04:15 Visitor Arrivals (YoY) 1 18.8% -8.4%
14:30 10-y Bond Auction 1 4.588% 4.673%
16:30 MBA Mortgage Applications 1 12.5% -3.9%
18:00 Consumer Price Index ex Food & Energy (MoM) 3 0.3% 0.2%
18:00 Consumer Price Index (YoY) 3 2.5% 2.3%
18:00 Consumer Price Index ex Food & Energy (YoY) 3 2.9% 2.8%
18:00 Consumer Price Index n.s.a (MoM) 1 320.795
18:00 Building Permits (MoM) 1 2.2% -4.1%
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