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Thursday, February 21, 2008

Bihar Tubes - Board Meeting on Feb 27, 2008
Bihar Tubes Ltd has informed that a meeting of the Board of Directors of the Company will be held on February 27, 2008, inter alia, to consider the following business:

1. To consider and finalize the swap ratio and other terms and conditions for
acquiring 100% shareholdings of M/s. Shri Lakshmi Metal Udhyog Ltd, Bangalore from its existing shareholders.

2. To convene the Extra Ordinary General Meeting of the Members of the Company to seek their approval for the said acquisition and for the allotment of equity shares on preferential basis, as consideration, to the existing shareholders of M/s. Shri Lakshmi Metal Udhyog Ltd, Bangalore

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 16
11:30 Consumer Price Index (YoY) 3 2.6% 2.7% 2.8%
11:30 Retail Price Index (YoY) 2 3.2% 3.2% 3.4%
11:30 Retail Price Index (MoM) 2 0.3% 0.0% 0.6%
14:00 DCLG House Price Index (YoY) 1 5.4% 5.1% 4.8% Revised from 4.9%
16:30 MBA Mortgage Applications 1 -8.5% 20.0%
17:30 BoE Quarterly Bulletin 1
18:00 Retail Sales Control Group 3 1%
18:00 Retail Sales ex Autos (MoM) 2 0.3% 0.3%
18:00 Retail Sales (MoM) 3 1.3% 0.2%
18:00 Retail Sales (YoY) 1 3.1%
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