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
Honda's (7267 JT) China unit reports June vehicles sales of 32.5k units, -44.5% Y/Y
Goldman Sachs sees USD/JPY at 165.00 in a year's time, raising its forecast from 155.00, citing Japan's interest rate differentials with the US
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
A power outage has been reported at Marathon Petroleum's (MPC) Detroit refinery, causing controlled gas burning, according to local media
[MARKET ANALYSIS] USD/JPY nears 162.00 again, Kiwi softer as shadow board recommends against the market consensus
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India
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)
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