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

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)