PRE-MARKET INDIAN STOCK NEWS: CGPOWER IS starts chip production, Dabur India sees double digit Q2 revenue growth, Tata steel planning to spend INR 200bln in capex

CG Power & Industrial Solutions (CGPOWER IS) - Indian PM Modi announced that the Co.'s new semiconductor unit has started production with an annual capacity of 200mln chips. (Bloomberg)

Dabur India (DABUR IS) - Co. expects consolidated revenue to grow in double digits in the June quarter. (Economic Times)

HDFC Bank (HDFCB IS) - Co. said gross advances rose 15.4% year-on-year to INR 30.61tln. (Economic Times)

IDBI Bank (IDBI IS) - Co. said total business rose 15% year-on-year to INR 5.84tln as of June 30, 2026. (Economic Times)

ONGC (ONGC IS) - Co. chairman eligibility conditions were relaxed by the government, raising the maximum entry age to 59 years. (Economic Times)

Radico Khaitan (RDCK IS) - Co. expects 20% growth in its premium-and-above segment in the current financial year. (Economic Times)

Sun Pharma (SUNP IS) - Co. secured a Delhi High Court restraint against Finecure Pharmaceuticals from manufacturing and selling drugs with names similar to Pantocid. (Economic Times)

Tata Power (TPWR IS) - Co. withdrew its application to enter the electricity distribution business in half of Karnataka. (Economic Times)

Tata Steel (TATA IS) - Co. said it is looking to spend around INR 200bln as capex in the current financial year. (Economic Times)

Vedanta (VEDL IS) - Co. said power sales rose 38% year-on-year to 5,225mln units in Q1 FY27. (Economic Times)

Waaree Energies (WAAREE IS)- Co. promoter trust was exempted by Sebi from open offer rules for its succession plan. (Economic Times)

Yes Bank (YES IS) - Co. said loans and advances rose 18.4% year-on-year to INR 2.85tln in Q1 FY27. (Economic Times)