PRE-MARKET INDIAN STOCKS NEWS: HCL Technologies (HCLT IS) signed a strategic partnership with a European company to establish an AI-driven operating model for global digital workplace management
Anthropic moves to shut loopholes that allow Chinese access to Claude, according to FT
Industrial facility in Russia's Belgorod is on fire after a Ukrainian strike
PRE-MARKET INDIAN STOCKS NEWS: HCL Technologies (HCLT IS) signed a strategic partnership with a European company to establish an AI-driven operating model for global digital workplace management
China's Finance Ministry auctions 30-year ultra-long special treasury bonds at a 2.2723% yield
[MARKET ANALYSIS] Asia-Pac stocks are higher across the board after shrugging off initial tech-related jitters
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Adani Enterprises (ADE IS) - Co. launched a QIP, setting the floor price at INR 3,034.68/shr. (Economic Times)
Bajaj Finance (BAF IS) - Co. said Q1 new loans booked grew 20% Y/Y to 1.61 crore, AUM rose 24% Y/Y to INR 5.46lakh crore and customer franchise stood at 12.44 crore. (Moneycontrol)
Bharat Petroleum Corporation (BPCL IS) - Co.’s subsidiary BPRL Ventures acquired the remaining 39.14% stake in IBV Brasil Petroleo for INR 2,312 crore. (Moneycontrol)
Central Bank of India (CBK IS) - Co. said Q1 deposits rose 11.66% Y/Y to INR 4.78lakh crore, total business rose 18.36% Y/Y to INR 8.33lakh crore and gross advances rose 28.77% Y/Y to INR 3.54lakh crore. (Moneycontrol)
HCL Technologies (HCLT IS) - Co. signed a strategic partnership with a European company to establish an AI-driven operating model for global digital workplace management. (Moneycontrol)
HDFC Bank (HDFCB IS) - Co. has built its own AI platform and fraud-monitoring system. (Economic Times)
Hindustan Zinc (HZ IS) - Co. said Q1 mined metal production rose 1% Y/Y to 2.68lakh tonnes and saleable metal production rose 4% Y/Y to 2.60lakh tonnes. (Moneycontrol)
Marico (MRCO IS) - Co. expects consolidated Q1 revenue to grow in the low-twenties percentage range, helped by robust core, digital and international performance. (Economic Times)
Punjab National Bank (PNB IS) - Co. said Q1 global business rose 10.32% Y/Y to INR 29.99lakh crore and domestic business increased 9.91% Y/Y to INR 28.75lakh crore. (Moneycontrol)
Tata Motors (TTMT IS) - Co. said Q1 passenger vehicle sales rose 46% Y/Y to 182,574 units, while JLR Q1 wholesales fell 9.2% Y/Y to 79,300 units. (Moneycontrol)
Union Bank of India (UNBK IS) - Co. said Q1 total global business rose 7.47% Y/Y to INR 23.79lakh crore, deposits rose 3.5% Y/Y to INR 12.83lakh crore and advances rose 12.50% Y/Y to INR 10.96lakh crore. (Moneycontrol)
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