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Thursday, September 24, 2009

Govt considering SAIL FPO: Official

The government is considering a follow-on public offer for shares of state-run Steel Authority of India Ltd, a senior company official said on Thursday.

"It is going on, under consideration of the government," the official, who declined to be named, told reporters when asked if a public offer was likely.

He declined to provide any other details.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jul 14
04:15 Electronic Card Retail Sales (YoY) 1 -0.4% -0.1% Revised from 0.9%
12:00 Producer and Import Prices (YoY) 1 -0.7% -0.7%
12:00 Producer and Import Prices (MoM) 1 -0.1% 0.2% -0.5%
18:00 Wholesale Sales (MoM) 1 0.1% -0.4% -2.3%
18:10 Fed's Hammack speech 2
21:00 3-Month Bill Auction 1 4.255%
21:00 6-Month Bill Auction 1 4.145%
Tuesday, Jul 15
04:31 BRC Like-For-Like Retail Sales (YoY) 2 0.2% 0.6%
06:00 Westpac Consumer Confidence 2 0.5%
17:30 OPEC Monthly Market Report 1
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