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Tuesday, April 15, 2008

L&T Bags Rs 2000 Cr. Bombay Dying Contracts for Projects in Mumbai

Larsen & Toubro Ltd has announced that the Company's Construction Division has recently secured a major order from Bombay Dyeing for Rs 2000 Cr for developments at the Textile Mills & Spring Mills complexes at Worli and Wadala regions of Mumbai respectively.

The turnkey construction project involves construction of mixed-use developments of approximately 4.00 million Sq.ft at the Textile Mills at Worli and 5.00 million Sq.ft at the Spring mills development at Wadala to be completed in the next 46 months by the end of December 2011

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Jun 10
11:30 Average Earnings Excluding Bonus (3Mo/Yr) 2 5.2% 5.4% 5.5% Revised from 5.6%
11:30 ILO Unemployment Rate (3M) 3 4.6% 4.6% 4.5%
11:30 Average Earnings Including Bonus (3Mo/Yr) 2 5.3% 5.5% 5.6% Revised from 5.5%
11:30 Employment Change (3M) 3 89K 112K
15:30 NFIB Business Optimism Index 1 98.8 95.9 95.8
18:25 Redbook Index (YoY) 1 4.9%
21:00 52-Week Bill Auction 1 3.93%
22:30 3-Year Note Auction 1 3.824%
Wednesday, Jun 11
02:00 API Weekly Crude Oil Stock 1 0.7M -3.3M
04:15 Visitor Arrivals (YoY) 1 -8.4%
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