* AANJANEYA LIFECARE: Has deferred its FCCB issue until further notice due to hostile market conditions.
* BERGER PAINTS INDIA : Arm Brushworks Paints has acquired Sherwin Williams Paints India for an undisclosed sum through internal accruals.
* BHUSHAN STEEL: Supreme Court has directed the Odisha government to maintain status quo on applications for lease on 1,700 ha of iron-ore mines in Sundergarh and Keonjhar districts, to which the company lays claim to.
* CAIRN INDIA: The company is evaluating the possibility of taking over its parent, the UK-based Cairn Energy.
* COMPUAGE INFOCOM: Has exited completely from Greenvision Technologies by selling its equity investment.
* CORE EDUCATION & TECHNOLOGIES: Moody's Investors Service has downgraded the corporate family rating of the company to B2 from B1, with a negative outlook.
* DREDGING CORP OF INDIA : Is planning an overseas foray and has already bagged its first contract for capital dredging in the Kanakesanturai harbour in Sri Lanka .
* ELECTROSTEEL CASTINGS: Court has placed a stay on proceedings against the company's coal joint venture.
* GREAT EASTERN SHIPPING: Has signed a contract to sell a panamax dry bulk carrier.
* GOMTI FINLEASE INDIA : Plans to invest 150 mln rupees in KDJ Hospital .
* HELIOS & MATHESON: Expects consolidated revenue to grow 40% in 2012-13 (Oct-Sep) and the current growth momentum to continue for 2 more years.
* HINDUSTAN ZINC: Supreme Court has ruled that the company is required to pay royalty to the Rajasthan government only on lead or zinc extracted from ores mined in the state and not on the entire mineral.
* ITC: Five directors sold a total of 865,000 shares of the company in the open market on Feb 28.
* MAGMA FINCORP: Has sought approval of shareholders through postal ballot for raising up to 5 bln rupees through equity or equity-linked instruments.
* MAHINDRA & MAHINDRA: Godrej Industries' MD Nadir Godrej, who is also on the company's board, on Mar 7 bought 2,000 shares at 874.83 rupees each, aggregating to 1.75 mln rupees.
* MAHINDRA LIFESPACE DEVELOPERS: Foreign institutional investors' holding in the company touched 28.10% on Mar 8.
* POWER GRID CORPORATION OF INDIA : Has approved 557 mln rupees investment for transmission system associated with Meja thermal project.
* SKS MICROFINANCE: Has paid 5 mln rupees penalty to Insurance Regulatory and Development Authority.
* SQL STAR INTERNATIONAL: Has withdrawn scheme of arrangement for compromise and amalgamation between the company, Mind Logicx, and their respective shareholders and creditors.
* TATA CONSULTANCY SERVICES: Operating margin is likely to slip 25 basis points in Jan-Mar on the back of a one-time lawsuit settlement of around 1.6 bln rupees.
* TATA TELESERVICES MAHARASHTRA : Had total 10.49 mln subscribers as on Feb 28. The company offers telecom products and services under the TATA DOCOMO brand.
* TYCHE INDUSTRIES: The company's unit at Kakinada has received approval from German Regulatory Authority for 11 active pharmaceutical ingredients.
* TV18 BROADCAST: US' Viacom may buy 50% stake in ETV's regional general entertainment channels; TV18 owns the remainder.
* UNITED SPIRITS: The capital markets regulator has approved Diageo Plc's bid to acquire a majority stake in the company, with the inclusion of a clause that will allow Diageo to later sell assets of the company.
* WENDT INDIA: A Bengaluru court has issued an ad-interim order of temporary injunction preventing 3M INDIA and Precomp Gears from using the trade name "WENDT" for branding its machine tools, abrasives, and grinding machines.
