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Monday, April 13, 2009

Reliance Industrial Infrastructure clarifies on News Item

With reference to the news item appearing in a leading web-portal titled "Reliance Group trying to make Reliance Ind Infra as a full-fledged gas carrier; Company's topline to shoot up after taking up KG Gas project", Reliance Industrial Infrastructure Ltd has clarified to that there are no plans or proposals being considered by Reliance Industrial Infrastructure Ltd ("Company") to merge or otherwise restructure the Company with Reliance Industries Ltd or any other entity.

Further the Company has clarified to that, all such speculative report in the electronic media are baseless and false.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Apr 10
02:20 Fed's Hammack speech 2
03:00 Fed's Kashkari speech 2
04:31 RICS Housing Price Balance 1 2% 8% 11%
06:30 Consumer Inflation Expectations 2 4.2% 3.6%
15:30 RBA Governor Bullock speech 3
18:00 Initial Jobless Claims 2 223K 219K
18:00 Initial Jobless Claims 4-week average 1 223K
18:00 Continuing Jobless Claims 1 1.880M 1.903M
18:00 Consumer Price Index ex Food & Energy (YoY) 3 3.0% 3.1%
18:00 Building Permits (MoM) 1 -0.8% -3.2%
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