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Tuesday, February 3, 2009

GMR Infrastructure - Updates

GMR Infrastructure Ltd has informed that GMR Energy Ltd (GEL), a subsidiary of the Company, has incorporated a Company named as 'Londa Hydro Power Pvt. Ltd' (LHPPL) and holds 99% shareholding in LHPPL. By virtue of Section 4 (1) (c) of the Companies Act, 1956, Londa Hydro Power Pvt. Ltd has become the subsidiary of the Company.

In accordance with provision of Section 4 (1) (b) (ii) of the Companies Act, 1956, GMR Highways Pvt. Ltd also became the subsidiary of the Company.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 16
18:00 NY Empire State Manufacturing Index 2 -16.0 -5.5 -9.2
21:00 6-Month Bill Auction 1 4.155% 4.150%
21:00 3-Month Bill Auction 1 4.24% 4.25%
22:30 20-Year Bond Auction 1 4.942% 5.047%
Tuesday, Jun 17
04:15 Food Price Index (MoM) 1 0.5% 0.8%
18:00 Retail Sales ex Autos (MoM) 2 0.1% 0.1%
18:00 Retail Sales (YoY) 1 5.2%
18:00 Retail Sales (MoM) 3 -0.7% 0.1%
18:00 Retail Sales Control Group 3 -0.2%
18:00 Canadian Portfolio Investment in Foreign Securities 1 $15.63B
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