PRE-MARKET INDIAN STOCKS NEWS: Reliance Industries (RIL IS) is partnering with Meta (META) on an AI-enabled data centre in India

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Korea Exchange activates a sidecar to halt KOSPI program selling following the index extending on losses to trade down by nearly 5%

Taiwan test fired US-supplied missile launcher in its first use of Himars on Taiwan Strait as part of invasion-defence drills, according to WSJ

PRE-MARKET INDIAN STOCKS NEWS: Reliance Industries (RIL IS) is partnering with Meta (META) on an AI-enabled data centre in India

Japan sells JPY 450.8bln 30-yr JGBs; b/c 2.94x (prev. 3.49x), and average yield 3.860% (prev. 3.842%)

Two industrial sites in Russia’s Vladimir region caught fire after a drone attack

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HDFC Bank (HDFCB IS) - Co. said the Bombay High Court dismissed an interim application filed by Lilavati Kirtilal Mehta Medical Trust seeking to restrain the Co., its MD & CEO Sashidhar Jagdishan, and others from making allegedly defamatory remarks against the trust and its members. (Moneycontrol)

NLC India (NLC IS) - Co. said the Government of India decided to exercise the oversubscription option for 13.8mln shares, representing a 1% stake, in addition to the base offer size of a 2% stake, with the offer for sale to close on June 10. (Moneycontrol)

Reliance Industries (RIL IS) - Meta (META) is partnering with Reliance and others on an AI-enabled data centre in India. (Moneycontrol)

Welspun Corp (WELCORP IS) - Co.’s subsidiary Welspun Mauritius Holdings divested a 4.5% equity stake in East Pipes Integrated Company for Industry, Kingdom of Saudi Arabia, to identified financial investors for SAR 283.46mln, or around USD 75.59mln. (Moneycontrol)

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