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Wednesday, June 9, 2010

Bajaj Finserv: not in talks with Berkshire for stake sale

"We are not in talks with Berkshire for stake sale, nor aware of any plans by them to invest into our company," a company spokesman told Reuters.

Indian financial news portal vcircle.com reported that Berkshire may pick up about 5 to 10 percent in Bajaj Finserv, the holding company of insurance entities Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance, from the open market.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Apr 14
04:31 Rightmove House Price Index (MoM) 1 1.4% 1.1%
12:00 Producer and Import Prices (YoY) 1 -0.1% -0.1%
12:00 Producer and Import Prices (MoM) 1 0.1% 0.2% 0.3%
17:30 OPEC Monthly Market Report 1
18:00 Wholesale Sales (MoM) 1 0.3% 0.4% 1.4% Revised from 1.2%
21:00 3-Month Bill Auction 1 4.175%
21:00 6-Month Bill Auction 1 4%
21:30 Fed's Barkin speech 2
22:30 Fed's Waller speech 2
Tuesday, Apr 15
01:30 Fed's Harker speech 2
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