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Lodha Developers to raise Rs.825 crore

Lodha Developers Ltd is raising Rs.825 crore to buy back debentures issued to Deutsche Bank. Analysts believe Lodha risks losing prime land in Mumbai if it doesn’t purchase the debentures.

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Chennai office space demand may dip

The demand for office space in Chennai is expected to dip, with an expected slowdown in North American and European countries affecting the information technology sector.

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