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Saturday, June 14, 2008

GTL plans to raise $300 mn

Telecom infrastructure major GTL is planning to raise $300 million in tranches.

Company's Chairman and Managing Director Manoj Tirodkar made the announcement during the AGM on Friday . The Rs 2,000 crore company will raise Rs 150 crore annually for the next few years, he said.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 13
19:30 Michigan Consumer Expectations Index 2 58.4 47.9
19:30 UoM 1-year Consumer Inflation Expectations 2 5.1% 6.6%
19:30 Michigan Consumer Sentiment Index 3 60.5 53.5 52.2
19:30 UoM 5-year Consumer Inflation Expectation 2 4.1% 4.2%
22:30 Baker Hughes US Oil Rig Count 1 439 442
Saturday, Jun 14
01:00 CFTC Gold NC Net Positions 1 $187.9K
01:00 CFTC Oil NC Net Positions 1 168K
01:00 CFTC S&P 500 NC Net Positions 1 $-69.4K
01:00 CFTC GBP NC Net Positions 1 £35.2K
01:00 CFTC AUD NC Net Positions 1 $-63.2K
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