* Nifty futures on the Singapore Exchange (SES: S68.SI – news) down 0.76 percent and the MSCI (NYSE: MSCI – news) -Asia Pacific index excluding Japan falls 0.15 percent.

* Asian markets face a tense few days waiting to see if minutes of the Federal Reserve’s last policy meeting will provide some clarity on when it might start scaling back stimulus — with far-reaching implications for borrowing costs across the globe.

* U.S. stocks fell slightly on Friday, and the Dow industrials posted the biggest weekly loss this year as rising bond yields hurt shares paying rich dividends and earnings from retailers disappointed investors.


* India to sell 110 billion rupees of cash management 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.

India’s capital outflow controls seen hurting overseas drive –

Reserve price for spectrum auctions may be cut, M&A rules tweaked – Economic Times (

Tata Power’s Mundra UMPP likely to see 23 pct tariff hike – Financial Express (

India PM rules out chance of return to 1991 crisis -report –

PMO clears Mylan (NasdaqGS: MYL – news) ‘s $ 1.6-bn Strides’s formulation business buyout – Hindustan Times (

DHL walkout likely to hit JLR factories in Britain – Mint (

Govt clears big-ticket investment projects worth Rs 1.1 trln – Economic Times (

India’s mobile user base up 0.4 pct in May at 870.2 mln –

Indian election could put regional parties in driving seat – poll –

India’s Andhra Bank (BSE: ANDHRABANK.BO – news) raises base rate, BPLR by 25 bps –

Indiabulls real estate buys FIM project stake for Rs 11.72 bln – Mint (

FMC (NYSE: FMC – news) questions credibility of people behind NSEL – Mint (

AirAsia India might delay launch plans – Business Standard (

Tata Starbucks builds war chest, to open 100 cafes – Economic Times ( (Compiled by Manoj Rawal)