Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGC

A multi-stock news roundup highlights key developments: the government's OFS in IRFC saw robust institutional demand with the non-retail portion subscribed 1.86 times, prompting DIPAM to exercise the greenshoe option. Cummins India expects strong domestic demand to drive FY27 growth despite Middle East-related export headwinds and higher commodity costs. Tata Motors PV plans a Rs 37,500–40,000 crore capex over five years to expand capacity by ~45% and double sales to over 1.2 million units annually. ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, contingent on securing a US licence. LIC's CFO Sunil Agrawal resigned effective July 14, 2026.