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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 02
12:00 Real Retail Sales (YoY) 2 1.3% 2.5% 2.2%
12:00 RBA Commodity Index SDR (YoY) 1 -7.7% -7.1% Revised from -6.1%
12:30 Gross Domestic Product (YoY) 2 2.0% 1.5% 1.6% Revised from 1.5%
12:30 Gross Domestic Product (QoQ) 3 0.5% 0.4% 0.3% Revised from 0.2%
13:00 SVME - Purchasing Managers' Index 1 42.1 46.5 45.8
14:00 Net Lending to Individuals (MoM) 1 £2.8B £13.8B
14:00 Consumer Credit 1 £1.100B £0.875B
14:00 Mortgage Approvals 1 63.000K 64.309K
14:00 S&P Global Manufacturing PMI 1 45.1 45.1
14:00 M4 Money Supply (MoM) 1 0.3%
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