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Monday, May 12, 2008

Arvind Mills - Change of name of the Company
Arvind Mills Ltd has informed that the name of the Company has been changed from "The
Arvind Mills Ltd" to "Arvind Ltd" and a fresh Certificate of Incorporation has been issued by The Registrar of Companies, Gujarat, Ahmedabad.

The Board of Directors of the Company at its meeting held on May 10, 2008 has taken note of the change of name.

Arvind Mills eyes Rs 4000 cr revenue by FY10: CMD
Arvind Mills Ltd is targetting a revenue of Rs 4000 crore in 2009/10 and plans to raise about Rs 700 crore over three years towards debt repayment, a top official said on Monday.

The money will be raised through a combination of cash flows from fabric operation, capital infusion from the founders and sale of non-strategic assets, Chairman and Managing Director Sanjay Lalbhai told reporters.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jun 19
16:30 BoE MPC Vote Rate Cut 3 3 2 7
16:30 BoE Monetary Policy Summary 3
16:30 BoE Interest Rate Decision 3 4.25% 4.25% 4.25%
18:00 Employment Insurance Beneficiaries Change (MoM) 1 3.4% 0.3%
Friday, Jun 20
04:31 GfK Consumer Confidence 2 -18 -20 -20
11:30 Retail Sales ex-Fuel (MoM) 2 -0.5% 1.3%
11:30 Retail Sales ex-Fuel (YoY) 2 1.8% 5.3%
11:30 Retail Sales (MoM) 3 -0.5% 1.2%
11:30 Retail Sales (YoY) 2 1.7% 5.0%
11:30 Public Sector Net Borrowing 1 £20.155B
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