*Ranbaxy earnings may beat estimates-StarMine. Foreign funds have bought a net $680 million of Indian stocks in the three sessions to May 3, taking the 2013 net buying to a total of $12.17 billion, regulatory data shows.
*Ranbaxy earnings may beat estimates-StarMine. Foreign funds have bought a net $680 million of Indian stocks in the three sessions to May 3, taking the 2013 net buying to a total of $12.17 billion, regulatory data shows.
*Brent crude oil rose more than 1 percent on Monday, surpassing $105 a barrel in choppy trade as Israeli air strikes on Syria prompted worries about Middle East supply to trump concern that global economic weakness may curb demand.
*Nifty futures on the Singapore Exchange. is 0.55 percent up and the MSCI-Asia Pacific index excluding Japan. *India cbank officials to hold post-policy teleconference with researchers/analysts.
DETROIT, May 3- Tesla Motors Inc, the automaker led by billionaire Elon Musk, overhauled financing strategy for the Model S electric sedan in response to criticism that its initial plan last month overstated the potential cost savings.
*BSE index drops 0.81 pct; NSE down 0.92 pct. MUMBAI, May 3- Indian shares fell on Friday, retreating from the 3- month high hit on Thursday, after the central bank cautioned it has limited room for further monetary easing, overshadowing the 25 basis point cut in key interest rate.
,India's No.3 lender by loan value, falls 1.13 percent, State Bank of India Ltd lower 3.15 percent, while ICICI Bank. *Rate-sensitive auto stocks also see selling with Tata Motors Ltd. down 3.75 percent and Bajaj Auto Ltd.
*Nifty futures on the Singapore Exchange. India's Maruti Suzuki April local vehicle sales up 0.3 pct Tata Motors April sales fall 15 pct y/y. *Also, RBI to release macro-economic review at 1230 GMT and earnings of Bharti Airtel Ltd.
*Nifty futures on the Singapore Exchange is 0.23 percent down while the MSCI-Asia Pacific index excluding Japan. *India's purchasing managers' index for April 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.
May 1- Tata Motors Ltd's. vehicle sales in April: April 2013 April 2012 pct change TOTAL SALES 51,160 60,086 -15 LOCAL SALES 47,595 57,305 -17 EXPORTS 3,565 2,781 +28. NOTE: Tata Motors makes both commercial vehicles and passenger cars, including the ultra-cheap Nano.
*Mercedes, BMW, Audi going small and local to boost sales* India's luxury market lags behind China* Shifting production to India cuts costs, avoids tax* Mercedes to launch A-Class, B-Class diesel this year By Henry Foy.
By Henry Foy and Krishna N Das MUMBAI/ NEW DELHI, April 26- Maruti Suzuki's. The yen's dramatic decline since Japan's Prime Minister Shinzo Abe embarked on his campaign for bold monetary easing has proven to be a huge filip for Japanese and Japan- related firms, and could give Maruti a further leg up over rivals like Tata Motors Ltd.
*Tata Sons, the holding company of India's Tata Group, plans to raise at least 3 billion rupees via two separate bond deals. ,India's biggest mortgage lender, plans to raise at least 1.5 billion rupees through 18- month zero coupon bonds that will yield 9.05 percent at maturity.
*Says to acquire Cambric, a premier US-based engineering services company.
GLOBAL MARKETS ROUNDUP* Nifty futures on the Singapore Exchange is 0.08 percent up while the MSCI-Asia Pacific index excluding Japan. FACTORS TO WATCH* Earnings of Maruti Suzuki India Ltd, Hero MotoCorp Ltd, ICICI Bank Ltd later in the day. *The India Meteorological Department releases maiden forecast for the four-month long monsoon season from June.
*Tata Sons, the holding company of India's Tata Group, plans to raise at least 3 billion rupees via two separate bond deals. ,India's biggest mortgage lender, plans to raise at least 1.5 billion rupees through 18- month zero coupon bonds that will yield 9.05 percent at maturity.
*Mercedes, BMW, Audi going small and local to boost sales. MUMBAI, April 23- Luxury carmakers in India are moving downmarket and shifting production of smaller and cheaper cars to local plants to cut costs, broadening their target market to include India's young, female and middle-class drivers to boost lacklustre performance.
*Seen priced around 6,000- 7,000 euros- company sources. Europe's biggest carmaker plans to launch a budget brand in China with one of its local partners by about 2015, aiming to draw on more than 2,000 dealers and a market share of over 20 percent to take on similar no-frills ventures established by General Motors, Nissan and Honda.