PRE-MARKET INDIAN STOCKS NEWS: Vodafone Idea (IDEA IS) Q3 (INR) loss 52.9bln (prev. loss 66.1bln Y/Y), rev. rose 1.85% Y/Y to 113.2bln
Infosys (INFO IS) - Co. announced a strategic collaboration with Cursor, a leading AI-powered development platform, to help enterprises worldwide accelerate their AI value journey. (Moneycontrol)
Hindustan Zinc (HZ IS) - Vedanta (VEDL IS) approved the sale of up to 67mln equity shares of Hindustan Zinc via an offer-for-sale on January 28th–29th. (Moneycontrol)
Marico (MRCO IS) - Co. Q3 (INR) profit rose 13.3% Y/Y to 4.6bln, rev. rose 26.6% Y/Y to 35.4bln. (Moneycontrol)
Oil & Natural Gas Corporation (ONGC IS) - Co. JVs with Mitsui OSK Lines (9104 JT) entered into shipbuilding contracts with Samsung Heavy Industries (010140 KS) for the construction of two very large ethane carriers. (Moneycontrol)
Vodafone Idea (IDEA IS) - Co. Q3 (INR) loss 52.9bln (prev. loss 66.1bln Y/Y), rev. rose 1.85% Y/Y to 113.2bln. (Moneycontrol)
Other News
RBI and the European Securities and Markets Authority signed an MoU to end a two-year standoff regarding supervisory oversight of Indian central clearing agencies. (Newswires)