News: Unitech Ltd (UNTE.BO)

UNTE.BO on Bombay Stock Exchange

18.75INR
1:04pm IST
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Rs0.90 (+5.04%)
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Rs17.85
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Thu, Oct 30 2014

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Real-estate, construction shares up after govt relaxes FDI rules

Reuters Market Eye - Unitech up 2.2 percent, DLF gains 3.3 percent while Sobha Developers advances 5.9 percent.

MARKET EYE -Indian real-estate, construction shares up after govt relaxes FDI rules

* Unitech up 0.8 percent, DLF gains 0.9 percent while Sobha Developers advances 2.7 percent. * Hindustan Construction Company gains 2.7 percent while NCC is up 1.1 percent. * India relaxes rules for foreign investment in construction. * Move seen providing funding to companies to cut debt, fast track projects. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

INDIA PRESS-Unitech to sell Noida plot to Gulshan Homz for 4 bln rupees - Economic Times

Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Chris Peters in Bangalore)

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