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ING Vysya Bank raises Rs 230 cr through QIP issue
ING Vysya Bank Ltd has raised Rs 230 crore by issuing 9.27 million equity shares of Rs 10 each at a price of Rs 248.10 per equity share including a premium of Rs 238.10 per equity share to qualified institutional buyers (QIBs). The issue was closed on September 8, 2009.

HAL to produce Boeing-777 parts in Bangalore
Hindustan Aeronautics Limited (HAL), the Bangalore-based firm which operates under the Ministry of Defence, has signed an agreement with Boeing to work together with the US plane maker for the production of flaperons for the Boeing’s 777 series commercial jetliner.

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Ports to set up wind mills
The two major ports in Chennai and Tuticorin are planning to set up wind mills to cater their power requirements. The two ports are planning to invest around Rs 82 crore.
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60% drop in Pune mall footfalls

Hotels and retail stores in Pune have seen their sales drop 50 per cent. “We have seen a 60 per cent drop in the number of visitors and around 50 per cent in our total sales. We have sales of around Rs 3 lakh per day. So, over a week’s time we expect a drop of Rs 20 lakh to Rs 25 lakh in our collections,” said Srinivas Rao, regional sales manager, Provogue Studio. - Mumbai malls, stores see biz dropping up to 50 per cent - Bangalore reports first death, toll rises to 20 - Suspected swine flu case in Bihar - Swine flu hits restaurant business in Pune - Sales not impacted by swine flu so far: Aditya Birla Retail - UPDATE: Flu claims first victim in B"lore, toll rises to 21 An owner of a hotel said, “Our occupancy levels have dropped around 50 per cent and we are not getting any new bookings at the moment. In our hotel, losses are expected to amount to Rs 5 lakh to Rs 6 lakh in the coming six days.” A restaurant owner who has witnessed a drop of 50 per cent in his sales figures said, “We have a sale of around Rs 25,000 on an average in a week. But due to the flu, people are reluctant to eat out. We are seeing a drop in our revenues almost by Rs 10,000 daily.” Ishanya Mall, which is spread over 550,000 square feet, is also wearing a deserted look as the number of visitors has gone down significantly. However, Vivek Kelkar, vice president, strategic communication, refused to comment and part with exact figures. Similar is the situation at other big malls such as Kakade Centre Port, Magnum Malls and Central malls.


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