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PRE-MARKET INDIAN STOCKS NEWS: DLF (DLF IS) Q1 (INR) net rose 4.1% Y/Y to 7.94bln, rev. fell 52.9% Y/Y to 12.80bln

StockNow breaking-news AI analysis

Indian markets see key corporate updates including DLF's mixed Q1 results, IndiGo's premium shift, government divestment in LIC, a major secondary exit in Paytm, and ONGC's strategic storage expansion.

News detail

DLF (DLF IS) - Co. Q1 (INR) net rose 4.1% Y/Y to 7.94bln, rev. fell 52.9% Y/Y to 12.80bln. (Moneycontrol)InterGlobe Aviation (INDIGO IS) - Co. plans to offer a small business-class cabin and a high-density economy layout on long-haul European flights to maximise seat capacity while preserving its low-cost structure. (ET)Life Insurance Corporation of India (LICI IS) - The government will launch an offer for sale in the Co. for non-retail investors on Tuesday and retail investors on Wednesday as it seeks to reduce its stake and meet minimum public shareholding requirements. (ET)One 97 Communications (PAYTM IS) - Three investors are seeking to sell shares worth up to INR 20.02bln through a fully secondary screen-based transaction, with the Co. receiving no proceeds. (ET)Oil and Natural Gas Corporation (ONGC IS) - Half of the Co.’s planned 1.75mln-tonne petroleum storage facility in Mangaluru will be reserved for strategic petroleum reserves, with the remainder used for commercial operations. (ET)

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