Tuesday, March 26, 2013

STOCK TO WATCH - MAR 26


GLOBAL MARKETS ROUNDUP  
    * Nifty futures on the Singapore Exchange fell 0.49
percent, while the MSCI-Asia Pacific index excluding Japan   
 is down 0.3 percent.    
    * Asian shares fell and the euro was capped on
Tuesday as investors contemplated potential flow-on risks from
the Cyprus bailout scheme.  
    * U.S. stocks fell on Monday on renewed concerns about the
developments in Cyprus and the euro zone, which wiped away
earlier gains that drove the S&P 500 index to less than a
point away from its record close.  
     
    FACTORS TO WATCH 
    * India to sell 120 billion rupees of treasury bills
    
    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
    * L&T Finance to buy half of Future Generali
general insurance JV: source - Reuters 
    
    ENERGY/COMMODITIES
    * Tamil Nadu government says won't allow GAIL to
lay pipelines on agricultural land - Mint
 
    * Coal India plans venture with S. African
provincial government to secure coal assets - Business Line
 
    * BHEL to use cheaper Chinese gear - Financial
Chronicle 
 
    * Suzlon prices $647 mln SBLC-backed 5-year at 5
pct - IFR 
    * Banks rework loan structure for six Videocon 
firms - Mint
 
    
    RETAIL
    * Apple plans to scale up presence in India -
Economic Times
 
    
    SPIRITS
    * Diageo set to launch open offer price for United
Spirits' investors - Business Standard
 

    AIRLINES
    * Jet Airways leases out aircraft with staff to
UAE's Etihad - Economic Times
 
    
    AUTOS
    * Honda to launch new 100cc bike in India,
challenge Hero MotoCorp - Economic Times
link.reuters.com/wuq86t
    * Maruti moves to offer buybacks, discounts as
buyers stay elusive - Financial Express
link.reuters.com/cyq86t
    
    PROPERTY
    * KKR, GIC to set up real estate-focused non-banking
financial company - Mint

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