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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
Monday, Jun 23
19:15 S&P Global Services PMI 3 53.1 52.9 53.7
19:15 S&P Global Manufacturing PMI 3 52 51 52
19:30 Fed's Bowman speech 2
19:30 Existing Home Sales Change (MoM) 2 0.8% -1.3% -0.5%
19:30 Existing Home Sales (MoM) 1 4.03M 3.96M 4.00M
21:00 3-Month Bill Auction 1 4.24%
21:00 6-Month Bill Auction 1 4.155%
22:40 Fed's Goolsbee speech 2
Tuesday, Jun 24
00:00 Fed's Kugler speech 2
01:00 CFTC AUD NC Net Positions 1 $-69.9K
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