PRE-MARKET INDIAN STOCKS NEWS: Bharat Heavy Electricals (BHEL IS) received a contract worth INR 20bln-25bln from Dangote Petroleum Refinery & Petrochemicals Free Zone, Nigeria
Aurobindo Pharma (ARBP IS) - Co. entered the biologics contract manufacturing business with the inauguration of TheraNym, a INR 12bln facility in Telangana. (ET)
Bharat Heavy Electricals (BHEL IS) - Co. received a contract worth INR 20bln-25bln from Dangote Petroleum Refinery & Petrochemicals Free Zone, Nigeria. (Moneycontrol)
Hero MotoCorp (HMCL IS) - Co. unveiled its first flex-fuel vehicles, the Splendor+ and HF Deluxe. (Moneycontrol)
Lenskart Solutions (LENSKART IS) - SoftBank affiliate SVF II Lightbulb sold 56.5mln shares in the Co. at INR 508.55/shr through a block deal worth around INR 28.73bln. (ET)
Reliance Industries (RIL IS) - Co.’s subsidiary Model Economic Township signed two MoUs with the Haryana Government for a total investment of INR 86.46bln in its township project at Jhajjar. (ET)
Suzlon Energy (SUEL IS) - Co. announced a diversification plan to become a full-stack renewable energy solutions company, including battery storage and a renewable energy co-development platform. (ET)
Tata Motors (TMPV IS) - Co. overhauled its Avinya strategy, pivoting the premium electric vehicle brand towards partnerships and ready-made architectures to accelerate launches. (ET)