PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US

Adani Ports and Special Economic Zone (ADSEZ IS) - Co. handled a record 50mln tonnes of cargo in August, its highest-ever monthly throughput, supported by stronger domestic activity, container trade and a diversified cargo mix. (Economic Times) Housing & Urban Development Corporation (HUDCO IS) - Co. signed an MoU with the Bihar government to provide financial assistance of up to INR 250bln over five years for industrial infrastructure development, including land acquisition. (Moneycontrol) Hyundai Motor India (HYUNDAI IS) - Co. plans to launch two new SUVs, including an EV, and use additional production capacity to scale up volumes and regain the number two position in India’s passenger vehicle market. (Economic Times) IDFC First Bank (IDFCFB IS) - CBI filed a chargesheet against 19 accused, including three Co. officials, over the alleged misappropriation of INR 5.04bln in Haryana government funds. (Economic Times) Oil and Natural Gas Corporation (ONGC IS) - Co.’s international investment arm sent a team to Venezuela to review assets after receiving clearance from the US. (Economic Times) Power Grid Corporation of India (PWGR IS) - Co. received a Letter of Intent for an interstate transmission project to evacuate power from Rajasthan REZ Phase-IV on a BOOT basis, with quoted annual transmission charges of INR 32.44bln. (Moneycontrol) Swiggy (SWIGGY IS) - Co. will be removed from the MSCI Global Standard Indexes under the foreign ownership limit event category. (Economic Times)