April 18 (Reuters) – GLOBAL MARKETS WATCH
* Nifty futures on the Singapore Exchange 0.01
percent lower and the MSCI-Asia Pacific index excluding Japan
down 0.25 percent.
* Asian shares inched lower on Thursday, taking their cues
from an overnight drop in U.S. and European equities on renewed
concerns about global growth, which also weighed on commodities.
* U.S. stocks fell in a broad market selloff Wednesday, led
by a sharp drop in Apple shares on worries about slowing demand
for its products and weaker-than-expected results from Bank of
America that battered the financial sector.
FACTORS TO WATCH
* India March trade data.
* India’s apex court to resume hearing pleas in telecoms
case.
* India cabinet meets.
* India court to hold interim hearing on Sterlite copper
plant closure.
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.
India’s TCS seen outpacing sector after profit spurt –
Reuters
India says current account deficit could be halved in 1-2
yrs – Reuters
India’s Strides Arcolab unit, Pfenex in biosimilars JV –
Reuters
GMR Airports to sell shares in public offer to raise 20 bn
rupees, help PEs exit – Economic Times
(http://link.reuters.com/hyv47t)
Pipavav Defence in talks with France’s DCNS for tie-up – PTI
in Mint (http://link.reuters.com/jyv47t)
Satyam minority shareholders object to share swap ratio –
Mint (http://link.reuters.com/kyv47t)
Jet-Etihad deal might be finalised in a month – Business
Standard (http://link.reuters.com/myv47t)
India’s Tata Tele to give up some airwaves to save
surcharges – Reuters
Indian power utilities’ coal imports seen up 56 pct y/y in
2013/14-power secretary – Reuters
CIL to supply entire contracted quantity of coal to power
companies without FSA – Economic Times
(http://link.reuters.com/nyv47t)
Hindustan Zinc Limited to raise output by 20 pct over next
three years – Economic Times (http://link.reuters.com/pyv47t)
Ajay Piramal plans to build 150 bn rupees financial services
business – Economic Times (http://link.reuters.com/caw47t)
Fresenius plans to delist 7 months after OFS – Economic
Times (http://link.reuters.com/qyv47t)
HC asks tax department to relook Nokia case – Indian Express
(http://link.reuters.com/ryv47t)
(Compiled By Manoj Rawal)
