PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) is reportedly in talks with Venezuela’s PDVSA to acquire all or part of its stakes in two oilfields

Cummins India (KKC IS) - Co. is banking on strong domestic demand to drive FY27 growth, while uncertainty over lasting peace in the Middle East is expected to keep exports under pressure. (ET)

Indian Railway Finance Corporation (IRFC IS) - Co.’s government OFS received strong institutional demand, with the non-retail portion subscribed 1.86x. (ET)

Life Insurance Corporation of India (LICI IS) - Co.’s CFO and key managerial personnel Sunil Agrawal resigned to pursue better prospects. (ET)

Oil and Natural Gas Corporation (ONGC IS) - Co. is reportedly in talks with Venezuela’s PDVSA to acquire all or part of its stakes in two oilfields, contingent on securing a US licence to operate the assets. (ET)

Tata Motors Passenger Vehicles (TMPV IS) - Co. plans to invest INR 375-400bln over the next five years to expand capacity by nearly 45% and introduce new models as part of plans to double annual sales to more than 1.2mln units. (ET)

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