PRESS DIGEST- Financial Times - March 21

March 21 (Reuters) - The following are the top stories in

the Financial Times. Reuters has not verified these stories and

does not vouch for their accuracy.


* Uber faces legal challenge on paying VAT

* Career spy Jeremy Fleming named head of UK's GCHQ

* Vodafone opts to merge India unit amid price war

* Elliott calls for probe into Arconic vote deal with Oak


* Google apologises to advertisers for extremist content on



* Uber is facing a new legal challenge in London's high

court over its payment of value added tax.

* Jeremy Fleming, the deputy director general of Britain's

internal security service, will become the new head of

intelligence eavesdropping service GCHQ.

* Britain's Vodafone Group and Idea Cellular

agreed on Monday to merge their Indian operations in a

$23 billion deal, creating the country's biggest telecoms

business after the entry of a new rival sparked a brutal price


* Hedge fund Elliott Management Corp, which is in the throes

of a proxy battle with Arconic Inc, demanded on Monday

an independent review of the company's voting agreement with

private equity firm Oak Hill Capital Partners.

* Google apologised on Monday for allowing ads to appear

alongside offensive videos on YouTube as more high-profile firms

such as Marks & Spencer and HSBC pulled

advertising for British markets from Google sites.

(Compiled Kanishka Singh in Bengaluru; Editing by Sandra Maler)