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Monday, June 14, 2010

Sun TV CEO Maran Set to Buy 40% Stake in India's Spicejet, Mint Reports

Sun TV Network Ltd.’s Chief Executive Officer Kalanithi Maran is close to purchasing nearly 40 percent stake in Spicejet Ltd., the Indian low-fare airline, the Mint reported, citing two investment bankers it didn’t identify.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 13
04:00 Business NZ PMI 2 47.5 53.3 Revised from 53.9
14:00 Consumer Inflation Expectations 2 3.2% 3.4%
18:00 Wholesale Sales (MoM) 1 -2.3% -0.9% 0.0% Revised from 0.2%
18:00 Capacity Utilization 1 80.1% 79.8% 79.7% Revised from 79.8%
18:00 Manufacturing Sales (MoM) 1 -2.8% -2.0% -1.4%
19:30 UoM 5-year Consumer Inflation Expectation 2 4.2%
19:30 Michigan Consumer Sentiment Index 3 53.5 52.2
19:30 UoM 1-year Consumer Inflation Expectations 2 6.6%
19:30 Michigan Consumer Expectations Index 2 47.9
22:30 Baker Hughes US Oil Rig Count 1 442
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