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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
19:30 Fed's Schmid speech 2
20:00 EIA Natural Gas Storage Change 1 57B 60B 29B
21:00 4-Week Bill Auction 1 4.245% 4.240%
21:30 USDA WASDE Report 1
21:30 Fed's Goolsbee speech 2
22:00 Fed's Harker speech 2
22:30 30-Year Bond Auction 1 4.623%
23:30 Monthly Budget Statement 2 $-236.6B $-307.0B
Friday, Apr 11
04:00 Business NZ PMI 2 53.9
11:30 Manufacturing Production (MoM) 2 0.2% -1.1%
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