PRE-MARKET INDIAN STOCKS NEWS: HDFC Life Insurance (HDFCLIFE IS) Q1 (INR) new business premium rose 12% Y/Y to INR 81.43bln and annual premium equivalent rose 9% Y/Y to INR 35.15bln

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Sinochem (600500 CH) wholly-owned unit Syngenta's Hong Kong IPO is said to face delays and an A listing in 2027 for the unit is now seen as more likely

PRE-MARKET INDIAN STOCKS NEWS: HDFC Life Insurance (HDFCLIFE IS) Q1 (INR) new business premium rose 12% Y/Y to INR 81.43bln and annual premium equivalent rose 9% Y/Y to INR 35.15bln

Brazil says it will invoke reciprocity law to contest US tariffs

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Angel One (ANGELONE IS) - Co. Q1 (INR) net rose 102% Y/Y to INR 2.71bln, rev. rose 26% Y/Y to INR 14.14bln. (Economic Times)

GMR Airports Infrastructure (GMRI IS) - Co. reported June passenger traffic fell 0.3% Y/Y, with domestic traffic down 0.4% and international traffic up 0.1%. (Moneycontrol)

HDB Financial Services (HDBFS IS) - Co. Q1 (INR) net rose 38% Y/Y to INR 785mln. (Economic Times)

HDFC Asset Management Co. (HDFCAMC IS) - Co. Q1 (INR) net rose 12% Y/Y to INR 838mln, operating profit rose 10% Y/Y to INR 828mln, rev. rose 14% Y/Y to INR 1.10bln. (Economic Times)

HDFC Life Insurance Co. (HDFCLIFE IS) - Co. Q1 (INR) new business premium rose 12% Y/Y to INR 81.43bln and annual premium equivalent rose 9% Y/Y to INR 35.15bln. (Moneycontrol)

ICICI Lombard General Insurance Co. (ICICIGI IS) - Co. Q1 (INR) net fell 46% Y/Y to INR 4.03bln, net premium earned rose 15.8% Y/Y to INR 59.50bln. (Moneycontrol)

State Bank of India (SBIN IS) - Co. appointed former LIC executive Sunil Agrawal as Chief Financial Officer. (Economic Times)

Tata Motors (TMPV IS) - Co. raised concerns over the government's proposal to allow automakers to purchase cheaper credits directly from the Bureau of Energy Efficiency under the draft CAFE II amendment. (Economic Times)

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