STOCK TO WATCH - MAR 14

GLOBAL MARKETS ROUNDUP
    * Nifty futures on the Singapore Exchange is flat,
while the MSCI-Asia Pacific index, excluding Japan   
, fell 0.59 percent.               
    *  Asian shares fell on Thursday with regional factors
outweighing positive sentiment from another record Wall Street
close.        
    *  U.S. stocks edged up on Wednesday, with the Dow 
rising for the ninth straight session to another record, buoyed
by surprisingly strong retail sales that suggested the U.S.
economy is gaining momentum.    
                      
    FACTORS TO WATCH    
    * Feb WPI (Reuters poll: +6.54 pct) (Around 0630 GMT)
    
    INDIAN STOCKS TO WATCH
For additional press items double click 
NOTE: Reuters has not verified third-party stories and does not
vouch for their accuracy.
    
    FINANCIAL/REGULATORY
    * India's stubbornly high inflation must come down to a 4 to
6 percent range, the country's central bank chief said on
Wednesday, noting full implementation of this year's budget will
have a "softening impact" on price growth. (Reuters)
 

    ENERGY/COMMODITIES
    * The Indian government is likely to scale back the size of
the its planned auction of shares in National Aluminium Co Ltd
, two sources with direct knowledge of the matter said.
(Reuters) 

    TELECOMS
    * Bahrain Telecommunications Co BSC is discussing
a deal to buy a controlling stake in Reliance Globalcom, the
enterprise business unit of Reliance Communications Ltd
, Times of India reported citing people directly aware
of the talks. (Times of India)
 
    * India has asked the country's top five telecommunication
carriers to pay a combined 18.42 billion rupees ($339 million)
in additional fees after a government audit found they had
under-reported revenues over two financial years, a minister
said, although the companies have disputed the demand. (Reuters)
 
    
    RETAIL
    * The government does not plan to liberalise foreign direct
investment norms in the retail sector, The Economic Times
reported, citing a senior government official on the condition
of anonymity. (Economic Times)
 

    AIRLINES
    * The head of aircraft finance giant International Lease
Finance Corp urged India on Wednesday to release six
passenger jets held "hostage" by a bureaucratic dispute after
struggling Kingfisher Airlines failed to pay for them.
(Reuters)

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