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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, Apr 07
20:00 Fed's Kugler speech 2
20:00 Bank of Canada Business Outlook Survey 2
21:00 3-Month Bill Auction 1 4.175% 4.205%
21:00 6-Month Bill Auction 1 4.00% 4.07%
Tuesday, Apr 08
00:30 Consumer Credit Change 1 $-0.81B $15.20B $18.08B
03:30 NZIER Business Confidence (QoQ) 2 16%
04:31 BRC Like-For-Like Retail Sales (YoY) 2 0.9%
07:00 National Australia Bank's Business Confidence 1 -1
07:00 National Australia Bank's Business Conditions 1 4
11:15 Unemployment Rate s.a (MoM) 1 2.7%
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