Politics
Weakened Congress wondering if early elections will help
The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
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REFILE-MARKET EYE- Kotak initiates India's United Breweries with 'sell'
(Corrects to remove extraneous word in headline) * Kotak Institutional Equities initiates coverage of United Breweries Ltd with a 'sell' rating and a target price of 700 rupees, calling valuations "too high for our comfort." * The 'sell' rating comes despite what Kotak says is a positive outlook for India's beer market, saying beer volumes will grow "strongly" over the next several years despite an adverse tax structure in the sector. * United Breweries falls 0.2 percent to 943 rupees. (manoj.dharra@thomsonreuters.com / manoj.dharra.reuters.com@reuters.net)
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