PRE-MARKET INDIAN STOCKS NEWS: Earnings including Bharti Airtel, NHPC, ONGC, PNB Housing Finance & United Breweries, RBI Rate Decision is due today

Bharti Airtel (BHARTI IS) - Co. Q1 (INR) net rose 37.3% Y/Y to 81.674bln, rev. rose 18.4% Y/Y to 585.391bln. (Moneycontrol)

Bharti Hexacom (BHARTIHE IS) - Co. Q1 (INR) net rose 23.2% Y/Y to 4.82bln, rev. rose 10.9% Y/Y to 25.10bln. (Moneycontrol)

BSE (BSE IS) - Co. Q1 (INR) net rose 62% Y/Y, supported by stronger operating revenue and higher investment income. (ET)

Life Insurance Corporation of India (LICI IS) - India’s government will offer a 6.5% stake in the Co. through an offer for sale at an 11% discount, seeking to raise around USD 3.3bln, with non-retail bidding on Tuesday and retail bidding on Wednesday. (ET/Newswires)

Multi Commodity Exchange of India (MCX IS) - Co. Q1 (INR) net rose 103.5% Y/Y to 4.134bln, rev. rose 88.1% Y/Y to 7.02bln. (Moneycontrol)

NHPC (NHPC IS) - Co. Q1 (INR) net rose 2.9% Y/Y to 10.959bln, rev. rose 18.5% Y/Y to 38.083bln. (Moneycontrol)

Oil and Natural Gas Corporation (ONGC IS) - Co. Q1 (INR) net rose 112.3% Y/Y to 170.34bln, rev. rose 45.2% Y/Y to 464.60bln. (Moneycontrol)

One 97 Communications (PAYTM IS) - Elevation Capital V, SAIF III Mauritius and SAIF Partners India IV sold a combined 14.9mln shares in the Co. for INR 20.3802bln. (Moneycontrol)

PNB Housing Finance (PNBHOUSI IS) - Co. Q1 (INR) net rose 4.3% Y/Y to 5.545bln, net interest income rose 7.5% Y/Y to 7.885bln. (Moneycontrol)

United Breweries (UBL IS) - Co. Q1 (INR) net fell 9.6% Y/Y to 1.663bln, rev. rose 7.1% Y/Y to 30.67bln. (Moneycontrol)