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Thursday, September 24, 2009

Govt considering 10-15% stake sale in Engineers India

Engineers India Ltd said on Thursday the central government is considering a stake sale of up to 15 per cent in the state-run firm.

The federal government owns around 90 per cent of the engineering and consultancy firm.

"10-15 per cent is what everybody is talking about," Chairman Mukesh Rohatgi told reporters

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Apr 15
18:25 Redbook Index (YoY) 1 6.6% 7.2%
n/a GDT Price Index 1 1.1%
21:00 52-Week Bill Auction 1 3.820% 3.945%
Wednesday, Apr 16
02:00 API Weekly Crude Oil Stock 1 2.400M -1.680M -1.057M
04:40 Fed's Cook speech 2
06:30 Westpac Leading Index (MoM) 1 0.06%
11:30 Retail Price Index (MoM) 2 0.0% 0.6%
11:30 Retail Price Index (YoY) 2 3.2% 3.4%
11:30 Consumer Price Index (YoY) 3 2.7% 2.8%
11:30 Consumer Price Index (MoM) 3 0.4% 0.4%
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