Wednesday, June 25, 2008

US economic calender

U.S. May durable-goods orders flat vs. -1.0% expected

U.S. May durable-goods orders ex-transportation fall 0.9%

U.S. May core capital equipment orders fall 0.8%

U.S. May durable-goods shipments fall 1.1%

U.S. May durable-goods inventories rise 0.4%

U.S. April durable-goods orders revised lower to -1.0%

May Durable Goods ex-trans -0.9% vs -1.0% consensus, prior revised to +1.9% from +2.5%


May Durable Goods Orders 0.0% vs 0.0% consensus, prior revised to -1.0% from -0.5%
Tata Comm all set to acquire Neotel


Nagarjuna Construction bags orders worth Rs 3.33 bn from Pimpri Chinchwad Corporation. The project is to be completed over a period of 24 months.

HDIL group is acquiring 51% stake in Broadcast Initiative a Hindi news channel, a 51% shareholding in Sri Adhikari Brothers Media

Idea to acquire 40.8% stake in Spice

Cairn India to infuse USD 2 bn over 18 months

Emco bags contract from Maharashtra State Electricity Transmission


GMR Infrastructure has acquired 50% shareholding in one of the world`s leading independent power producers named InterGen of U.S.

Reliance Infra bags EPC contract worth Rs 120 bn



Bafna Spinning board approves stock split from Rs 10 to Rs 5 a share.

NMDC has formed a new joint venture (JV) company with Chhattisgarh Mineral Development Corporation (CMDC) for the development of Bailadila Iron Ore,


Spice Group announced on Wednesday its investment vehicle, MCorpglobal Communications (MCPL) holding 40.8% in Spice Communications will divest its entire holding to Idea Cellular at a price of Rs 77.30 a share,
Amtek Transportation Systems, a subsidiary of the group flagship company Amtek Auto, signed a strategically important JV agreement with the leading American Railcar manufacturer


Birla Cotsyn (India), a company of the Yash Birla Group, engaged in textile manufacturing is now setting up an integrated textile unit estimated at a cost of Rs 3,200 million at its facilities in Khamgaon, Ghatanji & Malkapur


HTMT Global Solutions, outsourcing solutions provider inaugurated its second delivery centre at Nandambakkam in Chennai today (June 25).