* ALLAHABAD BANK: Has announced a cut in its Base Rate and Benchmark Prime Lending Rate by 30 basis points each, with effect from Feb 18.
* BODAL CHEMICALS: Board has approved issue of preference shares worth up to 250 mln rupees.
* BRITANNIA INDUSTRIES: Has posted Oct-Dec net profit of 569.6 mln rupees, up 5.3% on year, and net sales of 14.53 bln rupees, up 16.5% on year.
* ELANTAS BECK INDIA : Has received a bid for 1.50 mln shares in its offer for sale.
* EROS INTERNATIONAL MEDIA: Has entered an intellectual property sharing deal with Dutch production house Endemol.
* GMR INFRASTRUCTURE: GMR Group is all set to sell its technology park in Chennai for around 1.5 bln rupees.
* HINDUSTAN CONSTRUCTION CO: Arm Lavasa Corp has signed a deal with InterContinental Hotel Group to open a 200-room Holiday Inn at Mugaon in Pune by 2015.
* INDIAN HOTELS CO: Has posted Oct-Dec net profit of 646.2 mln rupees, up 28% on year, and net sales of 5.44 bln rupees, up 4.4% on year. Board will decide Orient Express stake buy by March.
* JAIPRAKASH ASSOCIATES: Has posted Oct-Dec net profit of 1.11 bln rupees, down 64.2% on year. Net sales rose 15.3% to 33.98 bln rupees.
* JAYPEE INFRATECH: Has posted Oct-Dec net profit of 1.55 bln rupees, down 60.5%, and net sales of 9.33 bln rupees, up 3.4% on year.
* JB CHEMICALS: Has received 252.4 mln rupees from Johnson & Johnson's arm Cilag International towards sale of Russia-CIS OTC business.
* JSW ISPAT STEEL: Has posted Oct-Dec net loss of 1.31 bln rupees against loss of 3.10 bln rupees a year ago. Net sales rose 4.5% to 26.78 bln rupees.
* MAGMA FINCORP: Has successfully completed 100% acquisition of GE Money Housing Finance.
* MPHASIS: Arm acquires US-based Digital Risk.
* OIL AND NATURAL GAS: Has posted Oct-Dec net profit of 55.63 bln rupees, down 17.5% on year, and net sales of 209.87 bln rupees, up 15.8% on year.
* PFIZER: May value the sterile injectables unit of STRIDES ARCOLAB at up to $1.88 bln, for a potential acquisition.
* PUNJ Lloyd: Has posted Oct-Dec net profit of 87.7 mln rupees, down 87.5% on year, and net sales of 27.75 bln rupees, up 3.7% on year.
* RELIANCE INDUSTRIES: Will shut a crude distillation unit at its 33-mln-tn-a-year refinery in Jamnagar , Gujarat , for four weeks from Feb 18 for maintenance. Has sought permission to transfer its stake in the discovered Gujarat-Saurashtra offshore block to its minority partner Hardy Oil & Gas.
* RASOYA PROTEINS: Board has approved five-for-one stock split and two-for-one bonus issue of shares.
* SHREE RENUKA SUGARS: Has signed a pact to set up a sugar refinery complex in Sri Lanka 's Hambantota district at a cost of $220 mln.
* SUMEET INDUSTRIES: Board has approved setting up 66 KV electrical substation.
* SUNTECK REALTY: Posts consolidated net loss of 18.6 mln rupees compared with net profit year ago.
* SYNDICATE BANK: Has announced a 25-basis-point cut in its Base Rate to10.25%, with effect from Wednesday.
* TATA POWER CO: Is in talks with IDFC PE Fund-owned Green Infra to merge their renewable energy assets. The transaction, if completed, would create the country's largest renewable power producer.
* TTK PRESTIGE: Has received Canadian Patent for its microwave pressure cooker.
* VOLTAS : Has posted Oct-Dec net profit of 768.1 mln rupees against loss of 1.15 bln rupees a year ago. Net sales were down 0.3% at 11.50 bln rupees.
