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Thursday, May 20, 2010

NALCO bags EEPC Export Award

Aluminium major NALCO has bagged EEPC (Engineering Export Promotion Council, Eastern Region) Gold Trophy, as Top Exporter in the Large Enterprise Category for outstanding export performance during 2007-08.

During 2007-08, the Navaratna PSU had achieved sales turnover of Rs 5474 crore, including the export earning of Rs 2235 crore. The net profit was Rs 1632 crore during the fiscal.

NALCO enjoys Premier Trading House status, and it is the first Indian aluminium company to be registered with London Metal Exchange, for its high quality products.

On behalf of the company, S Saha, Regional Manager (Eastern Region) received the award from S K Roongta, CMD SAIL, in the presence of Zhang Tiejian, vice-consul general of China, at a function held in Kolkata recently, company sources said here today.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Jun 10
18:25 Redbook Index (YoY) 1 4.7% 4.9%
21:00 52-Week Bill Auction 1 3.94% 3.93%
22:30 3-Year Note Auction 1 3.972% 3.824%
Wednesday, Jun 11
02:00 API Weekly Crude Oil Stock 1 -0.37M 0.70M -3.30M
04:15 Visitor Arrivals (YoY) 1 18.8% -8.4%
15:00 10-y Bond Auction 1 4.673%
16:30 MBA Mortgage Applications 1 -3.9%
18:00 Consumer Price Index ex Food & Energy (MoM) 3 0.3% 0.2%
18:00 Consumer Price Index n.s.a (MoM) 1 320.795
18:00 Building Permits (MoM) 1 2.2% -4.1%
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