PRE-MARKET INDIAN STOCKS NEWS: Tata Motors Passenger Vehicles (TMPV IN) plans four new EV launches and more than 10 refreshes by FY31 to support adoption and maintain its market lead
India PM Modi's top aide and former RBI Governor Das says India will be within ‘striking distance’ of 8% growth, if there are no big new global conflicts, according to FT
PBoC's overnight reverse repo rate was said to be 1.25% vs exp. 1.35%, according to Bloomberg
PRE-MARKET INDIAN STOCKS NEWS: Tata Motors Passenger Vehicles (TMPV IN) plans four new EV launches and more than 10 refreshes by FY31 to support adoption and maintain its market lead
[MARKET ANALYSIS] Asia-Pac stocks trade mixed as US-Iran tit-for-tat strikes and agreement to stand down highlights the frailty of the ceasefire
[MARKET ANALYSIS] DXY is little changed as geopolitics remains in focus following US-Iran tit-for-tat strikes and agreement to stand down
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Adani Green Energy (ADANI GR IS) - Co.'s subsidiary commissioned a 150MW solar project at Khavda in Gujarat, lifting its operational renewable generation capacity to 19,985.8MW. (ET)
Alembic Pharmaceuticals (ALPM IS) - Co. received USFDA final approval for Oseltamivir Phosphate for Oral Suspension, 6mg/mL, used to treat influenza A and B. (Moneycontrol)
Aurobindo Pharma (ARBP IS) - Co.'s subsidiary Auroactive Pharma concluded a USFDA inspection at its Srikakulam facility with two observations. (Moneycontrol)
Dr. Reddy's Laboratories (DRRD IS) - Co. completed a USFDA pre-license inspection at its biologics manufacturing facility in Hyderabad. (Moneycontrol)
HDFC Bank (HDFCB IS) - Co.'s former chairman Atanu Chakraborty challenged the need for an external legal review into his resignation. (ET)
JSW Infrastructure (JSWINFRA IS) - Co. completed its QIP, raising INR 75.03bln through the issuance of 2.632bln shares at INR 285/share. (Moneycontrol)
Kotak Mahindra Bank (KMB IS) - Co. said Managing Director and CEO Ashok Vaswani does not intend to seek reappointment after his current term ends on December 31, 2026. (Moneycontrol)
Persistent Systems (PERS IS) - Co., through its German subsidiary, agreed to acquire a 21% stake in Nagarro SE. (Moneycontrol)
PTC Industries (PTCIL IS) - Co.'s board cleared plans to raise up to INR 18bln through QIP, preferential issue or other routes, alongside loans, guarantees, securities and investments of up to INR 20bln. (ET)
Tata Motors Passenger Vehicles (TMPV IS) - Co. plans four new EV launches and more than 10 refreshes by FY31 to support adoption and maintain its market lead. (ET)
Torrent Power (TPW IS) - Co. completed the acquisition of Nabha Power from L&T Power Development for INR 36.32bln, making it a wholly owned subsidiary. (Moneycontrol)
Waaree Energies (WAAREE IS) - Co. said a US probe did not find exports of solar panels made with Chinese cells and was limited to certain historical import entries. (ET)
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