* 3M INDIA : Delaware , US, based promoter 3M Co plans to sell 113,198 shares, or 1%, of the company through an offer for sale through the stock exchanges on Thursday.
* ASHNOOR TEXTILE MILLS: Said its shareholders have approved the issuance and allotment of up to 2.33 mln shares on preferential basis at 10 rupees each.
* AURUM SOFT SYSTEMS: High Court of Madras has approved merger scheme of Aurum Soft and Point Red Telecom.
* BHARTI AIRTEL: And Essar Group said they will challenge a court order taking cognisance against two of their promoters in excess spectrum case.
* BGR ENERGY SYSTEMS: Has denied a report that the company's joint ventures with Hitachi Power Group Europe GmbH were up for sale.
* BNR UDYOG: Gets document digitisation order from Andhra Pradesh.
* C&C CONSTRUCTIONS: Has signed 11.91-bln-rupee debt recast pact with banks.
* COAL INDIA: Has communicated to NTPC LTD that the latter's demand for supplying coal above 3,100 Kcal gross calorific value under the new fuel pacts was "not possible".
* GLOBUS SPIRITS: Has allotted 5.04 mln preference shares.
* HINDUSTAN UNILIVER: Would add more premium products in line with changing consumer preferences, Chairman Harish Manwani said.
* IFCI: Finance Ministry has proposed offering strategic controlling stake in the company to an investor barely months after converting its loan to equity, a step that made IFCI a government company.
* INDRAPRASTHA MEDICAL CORP: Said that the expansion project undertaken by the company has now been completed.
* LIFE INSURANCE CORP OF INDIA : Has increased its stake in AXIS BANK to 8.862% from 8.742% earlier via open market share purchases on Friday.
* LOOKS HEALTH SERVICES: Board has approved 10-for-1 stock split.
* MAHINDRA & MAHINDRA: Will shut tractor production at its Jaipur plant for five days, and Rudrapur plant for two days starting Mar 24. Arm Mahindra Reva plans to develop electric engines for Ssangyong Motor Co and parent M&M.
* MANAPPURAM FINANCE: Sees Jan-Mar profit after tax weak as the company expects an under-recovery of revenue on certain gold loan portfolios due to correction in gold prices.
* NATCO PHARMA: The Delhi High Court has vacated an earlier stay order that restrained the company from "infringing" Sugen Inc's patent on the anti-renal
cancer drug Sunitinib, allowing the company to make and sell the drug.
* NATIONAL ALUMINIUM CO: The Public Enterprises Selection Board has recommended Ansuman Das as the next chairman and managing director of the
company.
* NETWORK18 MEDIA & INVESTMENTS: Said its subsidiaries in Cyprus held bank balances lower than $260,000 as on Mar 18.
* OIL AND NATURAL GAS CORP: A consortium led by the company plans to set up a re-gasification liquefied natural gas terminal with an initial capacity of 2-3 mtpa at New Mangalore Port.
* PARRYS SUGAR INDUSTRIES: Has completed demerger with EID Parry India .
* RELIANCE INDUSTRIES: Sandip Das, who will resign as chief executive officer of Malaysia 's Maxis Communications, will head the company's fourth generation mobile telephony venture.
* SERVE ALL ENTERPRISE SOLUTIONS: To allot 300,000 shares to CES PVT LTD's shareholders.
* SMARTLINK NETWORK SYSTEMS: The Commissioner of Income Tax (Appeals) has ruled in favour of the company in its appeal against the tax department's notice demanding 40.30 mln rupees income tax for 2008-09 assessment year.
* STATE BANK OF MYSORE : To pay 11.50 rupees per share interim dividend.
* STEEL AUTHORITY OF INDIA : Empowered Group of Ministers' meeting to fix the floor price and date for offer for sale of shares in the company was deferred to Wednesday, a government official said.
* SUNGOLD CAPITAL: The board has approved the further acquisition of stake in Shree Krishna Infrastructure Ltd and Shree Krishna Holiday Home and Farms Ltd by acquiring remaining 49% stake by way of cash consideration.
* SUPREME HOLDINGS & HOSPITALITY: Board has approved change in construction plan from 5-Star Hotel Project to a residential and commercial complex at its land in Pune.
* TV18 BROADCAST: The Indian Film Co ( Cyprus ) Ltd, a subsidiary of its joint venture Viacom18, has no bank balances in Cyprus .
* Wockhardt: Is expected to enter the billion-dollar revenue club by March-end, with half its revenue coming from US.
