PRE-MARKET INDIAN STOCKS NEWS: Bharat Petroleum (BPCL IS) board approved raising up to INR 50bln through secured or unsecured redeemable non-convertible debentures in one or more tranches
Indian firms are aggressively raising capital and transitioning to green energy. Key developments include BPCL's INR 50bln debt plan, HZL's renewable milestone, and a significant founder stake sale at Paytm.
News detail
Bharat Petroleum Corporation (BPCL IS) - Co. board approved raising up to INR 50bln through secured or unsecured redeemable non-convertible debentures in one or more tranches. (Economic Times) Hindustan Zinc (HZ IN) - Co. increased renewable power to 22% of total power consumption from around 18% in FY26. (Moneycontrol) Oil and Natural Gas Corporation (ONGC IS) - Co. commissioned gas evacuation facilities at Khoraghat GGS-1 in Golaghat district, Assam, on 18 August 2026. (Economic Times) One 97 Communications (PAYTM IS) - Resilient Asset Management B.V., owned by founder Vijay Shekhar Sharma, sold 19.2mln shares, or 3% of the Co.’s paid-up equity, for INR 29.49bln. (Moneycontrol) RailTel Corporation of India (RAILTEL IS) - Co. received a one-year work order from the Employees’ Provident Fund Organisation worth INR 1.67bln including tax for an extension of Infrastructure-as-a-Service services. (Economic Times)
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