Here are the top stocks that are likely to be in focus today:
Tata Communication: Offer for sale (OFS) to divest government’s shareholding in Tata Communications will open Tuesday for institutional investors. The government will sell its 10 per cent stake held in erstwhile VSNL, with an option to sell an additional 6.12 per cent stake. The floor price has been set at Rs 1,161, a 9.8 per cent discount to Monday s closing price.
AU Small Finance Bank: The lender has raised Rs 625.50 crore through sale of shares to institutional investors.
Adani Ports: The company will partner with John Keells Holdings PLC and Sri Lankan Port Authority to develop the West Container Terminal (WCT) at the Colombo port in Sri Lanka.
By Ifham Nizam
More than 100 villagers with the backing of local politicians yesterday started clearing forests at the Dahayiyagala sanctuary despite objections from some 50 Wildlife department officers.
A Wildlife Officer told
The Island these lands come under the Fauna and Flora Protection Ordinance and any human activity there was illegal.
The Rally for Animal Rights and Environment (RARE) said that a campaign to clear 300 acres of forest had been launched. “
An environmental Scientist warned the forest clearance would aggravate the human-elephant conflict.
The Island on its Friday edition reported a move to degazette more forest lands belonging to the Dahayiyagala sanctuary, which serves as a corridor for the elephants in the Udawalawa National Park and the Lunugamwehere National Park to migrate.
Japanese Amb. meets Dinesh
Japan has expressed regret after Sri Lanka scrapped the 2019 deal with New Delhi and Tokyo for the development of the Colombo port’s East Container Terminal.
A Japanese Embassy official in Delhi responding to Indian news agency WION’, “expressed regret at the unilateral decision taken by Sri Lanka”.
The Sri Lankan cabinet on Monday unanimously approved that the East Terminal of the port will be developed solely by the Sri Lanka Port Authority (SLPA).
WION report: “Meanwhile in the aftermath of the development, Japan envoy to Colombo Akira Sugiyama met with Sri Lankan Foreign Minister Dinesh Gunawardena on Wednesday to discuss a “range of matters relevant to the bilateral partnership between Sri Lanka and Japan”, a tweet from Sri Lankan MFA said.
Country can save a lot on energy from initiative – Amaraweera By Ifham Nizam Environment Minister Mahinda Amaraweera yesterday said discussions and meetings of his Ministry would no longer be held inside buildings; instead, they would happen at Wana Arana in the Environment Ministry premises, he added. “We have sunlight for eight hours or so, […]