PRE-MARKET INDIA STOCK NEWS: RBI are to increase the liquidity facility to meet the Liquidity Coverage Ratio requirements. (Newswires)

INDIA

Dhyana Finstock (DHFL IS) – BNP Paribas Arbitrage Fund bought shares in the Co. for over INR 1.53bln. (ET)

Reliance Communications (RCOM IS) – Co. is in talks with two buyers regarding a controlling stake in its residual businesses. (ET)

HCL Technologies (HCLT IS) – Co. has received a 5-year infrastructure services deal from UK’s Anglo American. (ET)

Tata Steel (TATA IS) – Co.’s steel processing and distribution unit is setting up a manufacturing unit at an investment of INR 92mln. (ET)

OTHER NEWS

– RBI are to increase the liquidity facility to meet the Liquidity Coverage Ratio requirements. (Newswires)

– Indian Finance Minister said they are to raise basic customs duty on 19 products, while he added the government is examining state owned banks demands to advance recapitalisation. (Newswires)

(Newswires)