i Develop Stocks Advisory: Govt considering SAIL FPO: Official

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, Jun 09
04:15	Manufacturing Sales	1	2.4%		1.1%
19:30	Wholesale Inventories	1	0.2%	0.0%	0.0%
21:00	3-Month Bill Auction	1	4.25%		4.25%
21:00	6-Month Bill Auction	1	4.15%		4.15%
Tuesday, Jun 10
04:31	BRC Like-For-Like Retail Sales (YoY)	2		2.7%	6.8%
06:00	Westpac Consumer Confidence	2			2.2%
07:00	National Australia Bank's Business Conditions	1			2
07:00	National Australia Bank's Business Confidence	1			-1
11:30	Average Earnings Excluding Bonus (3Mo/Yr)	2		5.4%	5.6%

Economic Calendar >> Add to your site

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Thursday, September 24, 2009

Govt considering SAIL FPO: Official

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