PRE-MARKET INDIAN STOCKS NEWS: Bharat Heavy Electricals (BHEL IN) signed a joint venture agreement with Titagarh Rail Systems to provide comprehensive maintenance for Vande Bharat sleeper trainsets over 35 years
Indian pre-market updates feature BHEL's 35-year rail joint venture, Bharat Forge's defense UAV collaboration, GMR's passenger traffic gains, and corporate developments across Aurobindo, Tata Communications, and Vedanta.
News detail
Aurobindo Pharma (ARBP IN) - Co. said the US FDA concluded its inspection of Unit-II, an active pharmaceutical ingredient manufacturing facility of wholly owned subsidiary Apitoria Pharma in Telangana. (Economic Times) Bharat Forge (BHFC IN) - Co. and RTX's Pratt & Whitney Canada will evaluate the integration of advanced turboprop engines into a high-altitude, long-endurance UAV programme designed and developed by India's DRDO. (Economic Times) Bharat Heavy Electricals (BHEL IN) - Co. signed a joint venture agreement with Titagarh Rail Systems to provide comprehensive maintenance for Vande Bharat sleeper trainsets over 35 years. (Economic Times) GMR Airports Infrastructure (GMRI IN) - Co. recorded 9.4mln passenger movements across its airport portfolio in August, taking FY27 YTD traffic to 48.97mln. (Economic Times) Tata Communications (TCOM IN) - Co. said subsidiary Tata Communications (Canada) and the Canada Revenue Agency reached an agreement in principle to settle tax claims related to income from the subsidiary's international telecommunications services. (Economic Times) Vedanta (VEDL IN) - Co.'s Committee of Directors will meet on September 18 to consider a proposal to issue non-convertible debentures through private placement. (Economic Times) Welspun Enterprises (WELS IN) - Authum Investment & Infrastructure sold 2.402mln shares, representing 1.73% of the Co.'s paid-up equity, for INR 1.84bln at an average price of INR 765.02/shr. (Moneycontrol) Yes Bank (YES IN) - Co. said Chief Vigilance Officer Binu Soman tendered his resignation on June 17, citing better career growth. (Economic Times)
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