Stocks in news: Vedanta, Vadilal, SBI Cards, JSW Steel, Motherson Sumi Wiring

Nifty futures traded 29 points, or 0.15 per cent, higher at 19,485.50, signaling that Dalal Street was headed for a muted start on Tuesday. Here's a slew of stocks that will be in focus today for various reasons.

Vedanta
After Taiwan's Foxconn withdrew from a $19.5 billion semiconductor JV with Vedanta, Agarwal's metals-to-oil conglomerate responded by saying it was "fully committed to its semiconductor fab project and we have lined up other partners to set up India's first foundry.

Vadilal Industries
Vadilal Industry has clarified on reports that Bain Capital is looking to buy a stake in the company. It said there is no such information.

Read more: What changed the market while you were sleeping

SBI Cards
Rama Mohan Rao Amara, Managing Director & CEO has tendered his resignation from directorship of the company with effect from August 11. He will also cease to be the MD and CEO of the company.

Tega Industries
The Board has appointed Sharad Kumar Khaitan as the Chief Financial Officer (CFO) of the company with effect from July 10.

Motherson Sumi Wiring
The Board of Motherson Sumi Wiring has appointed Mahender Chhabra as the Chief Financial Officer (CFO) of the company.

Satin Creditcare
The Board has approved a proposal for raising of funds by way of issuance of NCDs up to Rs 5,000 crore.

JSW Steel, Dr Reddy's
Shares of JSW Steel and Dr Reddy's will be in focus today as the companies will turn ex-dividend.

Tata Communications
Tata Communications arm has entered into a share purchase agreement to acquire remaining equity ownership of Oasis Smart Sim Europe SAS.