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PRE-MARKET INDIAN STOCKS NEWS: NCC (NJCC IS) received a INR 10.77bln order, excluding GST, from the Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh

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Pre-market Indian updates highlight NCC's INR 10.77 billion order, IRFC's loan agreement, Tata restructuring, Zydus's FDA inspection, and mixed monthly subscriber additions across major telecom operators.

News detail

Indian Railway Finance Corporation (IRFC IS) - Co. signed an INR 42bln term loan agreement with Damodar Valley Corporation to finance renewable energy projects across Jharkhand and West Bengal. (Economic Times) NCC (NJCC IS) - Co. received a INR 10.77bln order, excluding GST, from the Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh. (Economic Times) Zydus Lifesciences (ZYDUSLIF IS) - Co. said a US FDA inspection at its SEZ II manufacturing facility in Ahmedabad concluded with one observation. (Economic Times) Tata Group - Tata Trusts, which holds a 66% stake in Tata Sons, proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons. (Economic Times) Telecoms Bharti Airtel (BHARTI IS) - Co. added 2.11mln net subscribers vs 2.69mln previously. (Moneycontrol) Reliance Industries (RIL IS) - Reliance Jio added 2.40mln net subscribers vs 2.45mln previously. (Moneycontrol) Vodafone Idea (IDEA IS) - Co. added 506k net subscribers vs 240k previously. (Moneycontrol)

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