PRE-MARKET INDIAN STOCKS NEWS: Earnings from KEC International and Vodafone Idea, US judged ended graft case against Adani Group's Chairman

Bharti Airtel (BHARTI IS) - Co.’s Airtel Business has partnered with ITI to sell digital solutions to enterprises, with the collaboration expected to strengthen its presence in the public and defence sectors. (Economic Times)

Hyundai Motor India (HYUN IS) - Co. is targeting 1mln cumulative connected-car sales by 2027, with more than 800k connected vehicles already on Indian roads and portfolio penetration reaching 20% in 2026. (Economic Times)

IRB Infrastructure Developers (IRB IS) - Co. July toll rev. rose 26% Y/Y to INR 7.98bln. (Moneycontrol)

JSW Energy (JSW IS) - Co. has added 1,166MW of renewable capacity since April 2026, surpassing 94% of its total organic capacity addition achieved in FY26. (Moneycontrol)

KEC International (KEC IS) - Co. Q1 (INR) net fell 41.7% Y/Y to 726mln, rev. rose 0.01% Y/Y to 50.24bln. (Moneycontrol)

Lupin (LPC IS) - Co. received US FDA approval for Sodium Zirconium Cyclosilicate for oral suspension in 5g/packet and 10g/packet strengths. (Moneycontrol)

Mahindra & Mahindra (MM IS) - Co. July production rose 20.4% Y/Y to 101,954 units, while sales rose 24.8% Y/Y to 102,710 units. (Moneycontrol)

Oil and Natural Gas Corporation (ONGC IS) - Co. signed a non-binding MoU with Shell Energy India to explore opportunities in deepwater and ultra-deepwater oil and gas exploration and LNG sourcing. (Economic Times)

Punjab National Bank (PNB IS) - Co. plans to launch wealth management services by December to boost non-interest income and deploy a further 1,300 customer relationship managers across identified branches. (Economic Times)

Vodafone Idea (IDEA IS) - Co. Q1 (INR) net loss 37.54bln (prev. loss 66.08bln Y/Y), rev. rose 6% Y/Y to 116.89bln. (Economic Times)

Adani Group - US judge ended the graft case against Adamni Group Chairman Gautam Adani. (Newswires)

BSE (BSE IS) will enter the Nifty 50, replacing Wipro (WPRO IS), effective September 30, 2026, following NSE Indices’ semi-annual review. (Economic Times)

Pre-market digests of this kind bundle items of very different weight, and the established pattern is that the legal and index items outlast the prints. A US court terminating a graft case against the Adani Group chairman removes an overhang that has periodically widened spreads on Adani entity debt and pressured the listed equities; in comparable past episodes, the relief trade in group names and their creditors has tended to follow confirmation of finality rather than the first headline, so the tell is whether any appeal or parallel proceedings remain open. The index change, BSE entering the Nifty 50 at Wipro's expense, is the most mechanical item: semi-annual reviews drive predictable passive flows into the inclusion and out of the deletion ahead of the effective date, with the bulk of the rebalance typically concentrated in the closing auction on implementation day. On the earnings side, Vodafone Idea's narrowing loss matters mainly through the funding and ARPU narrative rather than the headline number, given the group's history of dependence on capital raises and government relief; KEC's profit decline on flat revenue points to margin compression worth checking against order inflow. Auto dispatch data, a non-binding ONGC MoU, and a single FDA approval are routine tape fillers that rarely reprice beyond the individual names.