PRE-MARKET INDIAN STOCKS NEWS: Kotak Mahindra Bank (KMB IN) said it would buy Deutsche Bank’s retail banking and private banking businesses in India

Coal India (COAL IN) - Co. plans to invest nearly INR 19bln in R&D activities by FY30 to improve mine productivity, reduce emissions and commercialise cleaner coal technologies. (Economic Times)HDFC Bank (HDFCB IN) - Co. is set to appoint Jigar Shah as general counsel. (Economic Times)InterGlobe Aviation (INDIGO IN) - Co. said Chief Human Resources Officer Sukhjit Singh Pasricha resigned and will be replaced by Kanwal Jeet Singh Bakshi. (Economic Times)Kotak Mahindra Bank (KMB IN) - Co. said it would buy Deutsche Bank’s retail banking and private banking businesses in India. (Economic Times)Tata Motors (TTMT IN) - Co. launched the Sierra EV in India, marking the return of the Sierra nameplate as a fully electric SUV. (Economic Times)