Tata Steel may be in focus this morning on reports that it has proposed follow-on public offer to bring down promoter holding by 2% and use fund proceeds to reduce debt expand its Jamshedpur facility.
Reliance Broadcast Network will also be closely watched on reports that it plans to buy Imagine show business, a Bollywood music and entertainment channel.
Bharti Airtel may also react to the news of SingTel (Singapore Telecommunications) buying shares worth $30 million increasing the stake in Bharti Airtel to 32.15 per cent from 32.04 per cent.
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