PRESS DIGEST - Indian Business News - Feb 25

MUMBAI, Feb 25 (Reuters) - Indian newspapers carried the following stories in their print or Web editions on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

ECONOMIC TIMES (www.economictimes.com)

* Reliance Industries Ltd's (RELI.BO: Quote, Profile, Research, Stock Buzz) Reliance Retail is in talks with UK's Marks & Spencer to form an equal joint venture for apparel, gourmet food and cafes, the paper said quoting unnamed sources.

* Tata Motors Ltd (TAMO.BO: Quote, Profile, Research, Stock Buzz) has mandated a clutch of banks, including Citigroup (C.N: Quote, Profile, Research, Stock Buzz) and JP Morgan (JPM.N: Quote, Profile, Research, Stock Buzz), Standard Chartered (STAN.L: Quote, Profile, Research, Stock Buzz), BNP Paribas (BNPP.PA: Quote, Profile, Research, Stock Buzz) and SBI (SBI.BO: Quote, Profile, Research, Stock Buzz) for raising nearly $2.5 billion abroad, mostly to fund the proposed acquisition of Ford's (F.N: Quote, Profile, Research, Stock Buzz) Jaguar and Land Rover brands.

* Vehicle users may be forced to use the more-expensive branded petrol such as Speed, XtraPremium and Power, from October, if their vehicles are not fit to run on ethanol-blended petrol, E-10.

* Quality issues with the production of InBev's (INTB.BR: Quote, Profile, Research, Stock Buzz) Lowenbrau in India through a joint venture with RJ Corp has delayed the venture's market entry plans. InBev, the world's second largest beer maker by volume, has a 49 percent stake in the venture.

BUSINESS STANDARD (www.business-standard.com)

* ASE Capital Markets, a unit of the Ahmedabad Stock Exchange, plans to sell a part of its stake, or about 2,500 shares, in the BSE for the second time in less than 12 months.

TIMES OF INDIA (www.timesofindia.com)