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Wednesday, April 21, 2010

Bharat Forge redeems FCCBS worth $131 mn

Bharat Forge Ltd said on Tuesday it redeemed Foreign Currency Convertible Bonds worth USD 131 million.

In 2005, the company had issued the FCCBs in two tranches of USD 120 million to finance capital expenditure and global acquisitions, it said in a statement.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Apr 15
18:00 Import Price Index (MoM) 1 -0.1% 0.0% 0.2% Revised from 0.4%
18:00 Export Price Index (YoY) 1 2.4% 2.1%
18:00 NY Empire State Manufacturing Index 2 -8.1 -14.5 -20.0
18:00 Manufacturing Sales (MoM) 1 0.2% -0.2% 1.6% Revised from 1.7%
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 3.945%
Wednesday, Apr 16
02:00 API Weekly Crude Oil Stock 1 -1.680M -1.057M
04:40 Fed's Cook speech 2
06:30 Westpac Leading Index (MoM) 1 0.06%
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