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Tuesday, May 25, 2010

GMR Infra to raise Rs 5,000 cr

GMR Infrastructure today said it plans to raise Rs 5,000 crore by selling shares in domestic as well as international markets.

The board of the company, at its meeting yesterday, has decided to raise the amount by issuing equity shares, Global Depositary Receipts (GDRs), American Depositary Receipts (ADRs), Foreign Currency Convertible Bonds (FCBs), or through private placement of shares, GMR Infra said in a filing to the Bombay Stock Exchange.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jul 14
04:00 Business NZ PSI 2 47.3 44.1 Revised from 44.0
04:15 Electronic Card Retail Sales (MoM) 1 0.5% -0.1% Revised from -0.2%
04:15 Electronic Card Retail Sales (YoY) 1 -0.4% -0.1% Revised from 0.9%
12:00 Producer and Import Prices (MoM) 1 0.2% -0.5%
12:00 Producer and Import Prices (YoY) 1 -0.7%
18:00 Wholesale Sales (MoM) 1 -0.4% -2.3%
21:00 3-Month Bill Auction 1 4.255%
21:00 6-Month Bill Auction 1 4.145%
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