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PVR to raise Rs 350 cr from PE firm, dilute 10.7% stake

Last Updated: Friday, June 12, 2015, 14:59

Film exhibition firm PVR Ltd on Friday said it will raise Rs 350 crore from Indian private equity firm Multiple Alternate Asset Management, which will pick up 10.7 percent stake in the company.

Unitech plans to raise Rs 200 cr for ongoing housing projects

Last Updated: Thursday, June 11, 2015, 17:04

Asked about debt reduction plan, Chandra said: "We have retired all our telecom related liabilities during last fiscal aggregating almost Rs 1,000 crore rupees. Accordingly, our debt servicing requirement has come down to that extent".