PRE-MARKET INDIAN STOCKS NEWS: IndiGo carried 8.08mln domestic passengers in July, securing a 67.4% market share
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Bharat Petroleum Corporation (BPCL IS) - Co. said its wholly owned subsidiary Bharat PetroResources, through its step-down subsidiaries, holds a 100% equity stake in IBV Brasil Petróleo Limitada. (Economic Times) Hindustan Aeronautics (HAL IS) - Co. said Infotech HAL, its 50%-owned joint venture, has been dissolved following an order from the NCLT’s Bengaluru Bench. (Economic Times) InterGlobe Aviation (INDIGO IS) - Co.’s IndiGo carried 8.08mln domestic passengers in July, securing a 67.4% market share. (Moneycontrol) Manipal Health Enterprises (MANIPALHOS IS) - Co. Q1 (INR) net fell 7.5% Y/Y to 2.32bln, rev. rose 38.1% Y/Y to 30.91bln. (Moneycontrol) Torrent Power (TORNTPOWER IS) - CFO and whole-time key managerial personnel Saurabh Mashruwala resigned effective August 20 due to his planned retirement. (Moneycontrol) Other News RBI minutes showed that policymakers could consider raising interest rates later this year if inflation risks intensify, despite keeping the repo rate unchange
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