Opening bell: Cues to look out for before trading today

■ Asian share markets are little changed in the morning trade as investors awaited developments on proposed Sino-US trade talks, reports Reuters. US stocks closed with gains over the weekend. S&P 500 rose 0.33% to 2,850.■ Larsen and Toubro Ltd informed the stock exchanges on Saturday that its board will consider a share buyback at its meeting on 23 August.■ Infosys CFO MD Ranganath, a veteran of nearly two decades at the company, has abruptly stepped down from his position.■ GlaxoSmithKline Pharmaceuticals is working on a strategy to reduce the number of brands in India to around 20 from 130, and bring in more patented products from the parent to the country, reports Business Standard.■ An Italian road operator, Cube Highways and a Canadian fund are in separate discussions to acquire stake in Sadbhav Infrastructure Project Ltd, reports The Economic Times. ■ Bharti Airtel is forming a new independent fibre company and has appointed Abhay Savargaonkar as the new unit’s chief executive officer, reports The Economic Times.■ A new Airbus A320Neo aircraft of budget carrier IndiGo (Interglobe Aviation Ltd), which was inducted into its fleet barely a couple of weeks ago, has been grounded due to Pratt and Whitney engine issues, reports PTI.■ The Bombay Stock Exchange Ltd and National Stock Exchange will suspend trading in shares of as many as nine firms, including Gitanjali Gems, from 10 September for not complying with listing norms, reports PTI.■ Vedanta Ltd has said it will be investing $2.3 billion towards capex on its oil and gas activities in the “near term” to increase the reserve base by around 375 million barrels, reports PTI.(R. Sree Ram/Mint)With inputs from Reuters, agencies