PRE-MARKET INDIAN STOCKS NEWS: Vedanta (VEDL IS) promoter entity Twin Star Holdings sold 65.1mln shares through a block deal worth about INR 18.96bln
Venezuela is to reveal USD 240bln debt pile in the world's largest restructuring, according to FT
Knowledge Atlas (2513 HK) is said to consider a multi-billion share sale in Hong Kong
PRE-MARKET INDIAN STOCKS NEWS: Vedanta (VEDL IS) promoter entity Twin Star Holdings sold 65.1mln shares through a block deal worth about INR 18.96bln
[MARKET ANALYSIS] Asia-Pac stocks trade mixed after the initial rebound from yesterday's tech sell-off lost steam
ASE Technology (2311 TT) is expanding capacity to meet AI demand, while it says has already invested in the US with two testing factories in California and is planning two more
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Honasa Consumer (HONASA IS) - Co. will acquire a 58% stake in nutraceuticals firm Fluence Pharma at an enterprise value of INR 1.35bln. (ET)
Indian Oil Corporation (IOCL IS) - Co. partnered with NLC India to create a joint venture to develop large-scale green energy projects in Tamil Nadu. (ET)
Infosys (INFO IS) - Co. chairman Nandan Nilekani said AI will not replace IT firms but will amplify them. (ET)
IRCTC (IRCTC IS) - Co. chairman and managing director Sanjay Kumar Jain resigned on personal grounds. (ET)
Kotak Mahindra Bank (KMB IS) - Co. is looking for acquisitions, including loan portfolios, while expanding into alternative assets and other non-banking businesses. (ET)
NLC India (NLCIN IS) - Co. partnered with Indian Oil Corporation to create a joint venture to develop large-scale green energy projects in Tamil Nadu. (ET)
Tata Motors (TMPV IS) - Co.’s commercial vehicle business is targeting double-digit EBITDA margins, free cash flow of 7-9% of revenue and annual investment spending of 2-4% over the next two years. (ET)
Vedanta (VEDL IS) - Co. promoter entity Twin Star Holdings sold 65.1mln shares through a block deal worth about INR 18.96bln. (ET)
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