UPDATE 1-India's Jet Airways denies report on Temasek talks

Reuters India, 12 Nov 2008, Janaki Krishnan & Aniruddha Basu

MUMBAI, Nov 12 (Reuters) - Jet Airways, India's largest private carrier, on Wednesday denied a newspaper report it would sell a 10 percent stake to Singapore state investor Temasek Holdings [TEM.UL] for 2.5 billion rupees ($50 million).

"With regard to this particular news item, we wish to clarify that it is not correct," Jet said in a statement to the stock exchange.

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