PRE-MARKET INDIAN STOCKS NEWS: Bank of Baroda (BOB IS) plans to divest up to 7.69mln NSE shares,

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PRE-MARKET INDIAN STOCKS NEWS: Bank of Baroda (BOB IS) plans to divest up to 7.69mln NSE shares,

Mizuho Financial Group (8411 JT) raises its long-term prime rate to 3.40% from 3.25%

[MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war

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Bajaj Finance (BAF IS) - Co. allotted 205k secured non-convertible debentures aggregating INR 20.50bln via private placement, with an 8.07% annual coupon and maturity on 25th March 2030. (Economic Times)

Bank of Baroda (BOB IS) - Co. plans to divest up to 7.69mln NSE shares, representing 35% of its holding, through an Offer for Sale as part of NSE’s proposed IPO, subject to regulatory approvals. (Economic Times)

Biocon (BIOCON IS) - Active Pine is reportedly looking to sell up to 16.6mln shares, or a 1% stake, in the Co. through a block deal worth around INR 6.38bln. (Economic Times)

Innovision (INNOVISION IS) - Co. received an LoA worth INR 2.44bln for user-fee collection at toll plazas across sections of NH-3 and NH-39 in Madhya Pradesh. (Moneycontrol)

Tata Capital (TATACAP IS) - Co. allotted INR 30bln of secured non-convertible debentures through a private placement. (Economic Times)

Tata Consultancy Services (TCS IS) - Co. secured an INR 1.23bln contract from the Odisha government to implement OSWAS 3.0, extending its partnership by around six years. (Economic Times)

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