Tuesday, September 30, 2008

Weekly Rumblings – Merrill Lynch

Highlights from the previous week US President George W Bush on Friday said his Administration is “working hard” to get the Indo-US nuclear deal approved “as quickly as possible”. Corporate Highlights This Week Page 3 Banks-Retail — 2QFY09 Results Preview Concrete Trends — Profit upturn seems far away Ratings/ Estimates Change Page 5 Pantaloon Retail (India) Limited — June Q beat MLe but looming interest rate risk. Sterlite Industries India Ltd. — Restructuring cancellation provides some relief

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