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Nifty futures on the Singapore Exchange traded 38 points, or 0.25 per cent, higher at 14,988 in signs that Dalal Street was headed for a positive start on Tuesday. Here are a few stocks which may buzz the most in today s trade:
Tata Communications: The government said it will sell up to 16.12 per cent stake in
Tata Communications through an Offer for Sale starting on Tuesday at the floor price of Rs 1,161 per equity share. As part of its exit plan from Tata Communications, the government is initially offering to sell up to 2.85 crore equity shares representing up to 10 per cent of the total paid up equity share capital of the company.
Tata Steel Europe sees top-level resignations
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Synopsis
Tata Steel Europe’s executive committee has shrunk following the recent resignations of chief commercial officer Karl Haider and executive director of human resources Tor Farquhar as the search continues for a buyer.
Agencies
Tata Steel Europe’s executive committee has shrunk following the recent resignations of chief commercial officer Karl Haider and executive director of human resources Tor Farquhar as the search continues for a buyer. Chief executive officer Henrik Adam and chief financial officer Sandip Biswas have been given additional charge of these roles. Chief technical officer Ernst Hoogenes, who is retiring, may not be replaced, officials said.