PRE-MARKET INDIAN STOCKS NEWS: Kotak Mahindra Bank (KMB IS) appointed Anup Kumar Saha as Managing Director and CEO for a three-year term effective January 1, 2027
The October 1 digest reports updates across eight Indian-listed companies, including a future-effective Kotak CEO appointment and a Tech Mahindra board meeting scheduled to consider proposals.
News detail
Aurobindo Pharma (ARBP IS) - Co.’s Acrotech Biopharma launched ADQUEY difamilast 1% ointment in the US for the treatment of mild-to-moderate atopic dermatitis in adults and children aged two years and older. (Economic Times) Bajaj Auto (BJAUT IS) - Co. reported September vehicle sales rose 5% Y/Y to 538.4k units. (Newswires) Infosys (INFO IS) - Co. and ABN AMRO Bank extended their strategic collaboration to accelerate the bank's AI-driven transformation. (Moneycontrol) Jio Financial Services (JIOFIN IS) - Co. and Allianz Europe each invested INR 3.2bln in Jio Allianz General Insurance, their 50:50 joint venture. (Economic Times) Kotak Mahindra Bank (KMB IS) - Co. appointed Anup Kumar Saha as Managing Director and CEO for a three-year term effective January 1, 2027. (Economic Times) NCC (NJCC IS) - Co. received two additional September orders totalling INR 5.0bln, comprising INR 2.25bln for its buildings division and INR 2.75bln for its transportation division. (Moneycontrol) Tech Mahindra (TECHM IS) - Co.’s board will meet on October 15 to consider an interim dividend for FY27 and a proposal to issue bonus shares. (Moneycontrol) Wipro (WPRO IS) - Co. extended the deadline to acquire select customer contracts of Alpha Net Consulting LLC to December 31, 2026 from September 30. (Moneycontrol)
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