PRE-MARKET INDIAN STOCKS NEWS: RBI approved ICICI Prudential Asset Management Company (ICICIAMC IS), along with group entities of ICICI Bank (ICICBC IS) to acquire up to a 9.95% stake in Federal Bank

Federal Bank (FEDERALBNK IS) - RBI approved ICICI Prudential Asset Management Company (ICICIAMC IS), along with group entities of ICICI Bank (ICICBC IS) to acquire up to a 9.95% stake in Federal Bank. (Moneycontrol)

LG Electronics India (LGEL IS) - Co. Q3 (INR) profit fell 61.6% Y/Y to 897mln, rev. fell 6.4% Y/Y to 41.1bln. (Moneycontrol)

Patanjali Foods (RSI IS) - Co. Q3 (INR) profit rose 60% Y/Y to 5.9bln, rev. rose 16.5% Y/Y to 104.8bln. (Moneycontrol)