PRE-MARKET INDIAN STOCKS NEWS: Zee Entertainment Enterprises (Z IS) approved raising at least INR 23bln in one or more phases to fund strategic and business initiatives
US Embassy in Jordan says US citizens are requested to take shelter in a safe place and follow security alerts
[MARKET ANALYSIS] Asia-Pac stocks declined amid a continuation of the tech-reversal and fresh US-Iran strikes
PRE-MARKET INDIAN STOCKS NEWS: Zee Entertainment Enterprises (Z IS) approved raising at least INR 23bln in one or more phases to fund strategic and business initiatives
[MARKET ANALYSIS] Dollar marginally softened and reverted to beneath the 100.00 level, despite higher oil prices and fresh US-Iran strikes
Sirens sound in northern Israel following launches from Lebanon
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Central Bank of India (CBK IS) - Co. raised FCNR(B) deposit rates by up to 253bps to as high as 6% for 3-5-year schemes. (Moneycontrol)
Lenskart Solutions (LENSKART IS) - Abu Dhabi Investment Authority-owned Platinum Jasmine is likely to sell a 2.3% stake in the Co. at a floor price of INR 486/shr via a block deal worth INR 19.44bln. (Moneycontrol)
Power Grid Corporation of India (PWGR IS) - Co. approved the upgradation of SCADA and associated systems of NTAMC/RTAMC at an estimated cost of INR 4.85bln, approved a JPY 80bln unsecured term loan facility from JBIC and participating financial institutions, and appointed Venkata S V as CFO effective July 1. (Moneycontrol)
Punjab National Bank (PNB IS) - Co. revised FCNR(B) deposit rates to up to 6.10% per annum and expects to mobilise around USD 2.5bln through the scheme. (Moneycontrol)
Zee Entertainment Enterprises (Z IS) - Co. approved raising at least INR 23bln in one or more phases to fund strategic and business initiatives. (Moneycontrol)
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