PRE-MARKET INDIAN STOCKS NEWS: Tata Motors Passenger Vehicles (TMPV IS) and Tata Communications (TCOM IS) will equip the Sierra.ev with built-in 5G connectivity to support connected and software-defined vehicle capabilities

Axis Bank (AXSB IS) - SEBI disposed of all proceedings against the Co., Axis Securities and Axis Capital without issuing directions or imposing penalties. (Economic Times) Billionbrains Garage Ventures (GROWW IS) - Ribbit Capital is reportedly seeking to sell a 1.6% stake in the Co. through an INR 19.14bln block deal at a floor price of INR 195/shr, a 4% discount to Tuesday’s close. (Economic Times) Cipla (CIPLA IS) - Co. received seven Form 483 observations from the US FDA following a follow-up cGMP inspection of its Pithampur manufacturing facility. (Economic Times) Hindustan Copper (HCP IS) - The government’s offer for sale in the Co. was subscribed 3.41x by non-retail investors, with bids for 89.1mln shares against 26.1mln offered at a floor price of INR 514/shr. (Economic Times) JSW Energy (JSW IS) - India’s Supreme Court deferred a hearing on MSEDCL’s challenge to an order directing it to pay the Co. about INR 6bln in a tariff dispute. (Economic Times) Tata Motors Passenger Vehicles (TMPV IS) - Co. and Tata Communications (TCOM IS) will equip the Sierra.ev with built-in 5G connectivity to support connected and software-defined vehicle capabilities. (Economic Times)