PRE-MARKET INDIAN STOCKS NEWS: Reliance Industries (RIL IS) unit Reliance Consumer Products agreed to form a majority-owned joint venture with leading Nigeria business conglomerate Tropical General Investments Group
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Cochin Shipyard (COCHIN IS) - Co. has been named L1 bidder for a Ministry of Defence contract to construct five Next Generation Survey Vessels for the Indian Navy, with an estimated value of INR 50bln. (Moneycontrol)Delhivery (DELHIVER IN) - Co. has entered a strategic tie-up with electric mobility startup RIDEV to roll out 150 electric vehicles over the next three months across Northeast India, Bengaluru and Hyderabad. (Moneycontrol)Reliance Industries (RIL IS) - Co. FMCG arm Reliance Consumer Products has agreed to form a majority-owned joint venture with leading Nigeria business conglomerate Tropical General Investments Group. (Moneycontrol)JSW Infrastructure (JSWINFRA IS) - Co. board is scheduled to meet on February 20 to evaluate options to raise capital via equity issuance including QIP, rights issue or other permitted routes, or a mix thereof. (Moneycontrol)Lupin (LPC IN) - Co. has entered into a licence and supply arrangement with Spektus Pharma to market the antidepressant DeslaFlex in Canada. (Moneycontrol)
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