* ASHOK LEYLAND: Exceptional gain of 1.56 bln rupees helped the company post net profit of 741.4 mln rupees in Oct-Dec, up 10.8% on year.
* COROMANDEL INTERNATIONAL: Has signed definitive pact to acquire up to 56.28% stake in LIBERTY PHOSPHATE at 241 rupees a share.
* DLF: Goldman Sachs has upgraded its rating on the company to 'buy' based on the upcoming launches and overall improving macroeconomic conditions.
* IVRCL: Has denied media reports linking the company to the alleged murder of National Highways Authority of India consultant Paulose Thomas.
* GAIL INDIA: Is in talks with leading refinery companies, including Essar Group and HPCL-Mittal Energy, for setting up a 200-bln-rupee plus Naptha-based petrochemical project.
* HINDUSTAN PETROLEUM CORP: The Delhi High Court has restrained the company from operating its petroleum storage near a village in west Delhi till the company complies with safety issues.
* JET AIRWAYS INDIA : Stake sale to Etihad may face ministry headwind; expansion of Etihad through JET AIRWAYS in India may be restricted to existing city pairs.
* JINDAL STEEL: Bags 5-bln-rupee order from POWER GRID CORP OF INDIA to supply 80,000 tn of steel for setting up two transmission towers in south India . Is set to start importing coal from its Mozambique mine.
* KOTAK MAHINDRA BANK: The Competition Commission of India has approved the bank's proposal to buy Barclays bank's unsecured loan business in India .
* LUPIN: Arm has received US Food and Drug Administration's approval to sell its emergency contraceptive tablet Levonorgestrel in 0.75 mg strength.
* OIL INDIA: Empowered Group of Ministers may meet to decide company's divestment price in "day or two".
* PURAVANKARA PROJECTS: Has launched a luxury housing project in Bengaluru with 300 flats priced between 6,500 rupees and 7,000 rupees a square feet.
* RELIANCE COMMUNICATIONS: Is in talks with domestic lenders to raise 65 bln rupees, which it will have to repay over seven years.
* RELIANCE INDUSTRIES: Telecom arm may buy a stake in Anil Ambani-owned Reliance Infratel in a complex deal that also includes leasing as many as 50,000 towers. Has dropped plans to sell its textile unit, which owns the brand 'Only Vimal'. The company's plan to sell stake in its gas transport arm, Reliance gas transport infrastructure has hit a hurdle due to steep valuation differences between the buyer and the seller.
* SANDUR MANGANESE: The Supreme Court has permitted the company to resume mining operations in Karnataka, subject to a few environmental conditions.
* SESA GOA: Has posted consolidated net profit of 4.97 bln rupees for Oct-Dec, down 28.18% from a year ago.
* SKS MICROFINANCE: Has posted net profit of 11.5 mln rupees for Oct-Dec.
* SUZLON ENERGY: The Corporate Debt Restructuring mechanism cell's empowered group has approved the recast of the wind-turbine maker's domestic loans.
* TORRENT PHARMACUETICALS: has become the first of the large pharmaceuticals companies to withdraw a drug under a new recall and alert system kicked off by the government.
