PRE-MARKET INDIAN STOCKS NEWS: JSW Steel (JSTL IS) has signed a joint venture agreement with South Korea’s POSCO (005490 KS) to set up a 6mtpa greenfield steel plant in Odisha

JSW Steel (JSTL IS) - Co. has signed a joint venture agreement with South Korea’s POSCO to set up a 6mtpa greenfield steel plant in Odisha. (Moneycontrol)

PNB Housing Finance (PNBHOUSI IS) - Co. Q4 (INR) net rose 14.4% Y/Y to 6.49bln, revenue rose 8.2% Y/Y to 7.96bln, dividend INR 8/shr. (Moneycontrol)

SML Isuzu (SMLISU IS) - Co. Q4 (INR) net rose 2.4% Y/Y to 0.54bln. (Moneycontrol)

TVS Motor Company (TVSL IS) - Co. has entered into a joint development agreement with Hyundai Motor Company for the development, manufacturing, and commercialisation of electric micromobility three-wheelers. (Moneycontrol)

Vedanta (VEDL IS) - Co. said its demerger scheme will be effective May 1 and post-demerger will operate as Vedanta housing its base metals business, while Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy will function as separate entities. (Moneycontrol)