* 3M INDIA : Promoter 3M Co has fixed a floor price of 3,300 rupees per share for the offer for sale of 113,198 shares of the company.
* ADANI POWER: Plans preferential issue of shares to promoters.
* ALOK INDUSTRIES: The Company’s two-for-three rights issue of shares for raising 5.51 bln rupees will open on Mar 30 and close on Apr 27.
* BANK OF INDIA : Has raised $500 mln through its maiden issue of foreign currency bonds.
* BHARTI AIRTEL: Its largest shareholder, Singapore-based Singtel, has said it has full faith in the Indian operator's corporate governance standards under the leadership of Sunil Bharti Mittal.
* CAPITAL FIRST: Has raised 1 bln rupees through an issue of non-convertible debentures.
* COASTAL CORP: Board has approved redemption of 1.3 mln preference shares.
* GLOBUS SPIRITS: Has raised 812.2 mln rupees via issue of 5 mln cumulative compulsory convertible preference shares and 763,359 warrants.
* JET AIRWAYS: Has sought the government's permission to increase flights to destinations already served by it such as Dubai , Abu Dhabi , Singapore and Hong Kong, as well as to start flights to Amsterdam
* KINGFISHER AIRLINES: Chief Executive Sanjay Agarwal will soon meet the Director General of Civil Aviation to submit the carrier's revival plan. Germany's DVB Bank, the world's largest aviation financing bank, is sending a team to India next week to get two of its planes leased to the company deregistered so that it can reclaim its property, in what will be its second attempt to resolve the issue. Will not get its flying license back until it settles repayment issues with all creditors.
* MAHINDRA & MAHINDRA FINANCIAL SERVICES: Arm Mahindra Rural Housing Finance aims to achieve a loan book size of $1 bln by 2016.
* MANAPPURAM FINANCE: Anticipates a one-time hit of 2.50 bln rupees in Jan-Mar due to the recent correction in gold prices.
* MMTC: Government and merchant bankers have "more or less" agreed on a floor price for 9.33% offer for sale in the company that may happen in April.
* MOSER BAER INDIA : Will seek the approval of its shareholders for a corporate debt restructuring scheme that involves issue of 40 mln shares to promoter on preferential basis.
* NTPC: Is planning to raise 2 bln rupees through 10-year bonds for which it will invite bids from merchant bankers by Friday.
* OIL & NATURAL GAS CORP: Will pay second interim dividend of 4 rupees per share for 2012-13 (Apr-Mar). Is eyeing an oil & gas producing field in Nigeria for up to $2 bln. Arm ONGC Videsh has signed a pact for possible acquisition of 25-30% stake in four blocks in Nigeria from Sterling Energy and Exploration Co. Government has denied clearance to three blocks in the Krishna Godavari basin owned by the company and BG Group, and the companies might now have to surrender the three blocks.
* RELIANCE INDUSTRIES: Plans to invest 250 bln rupees along with VIDEOCON INDUSTRIES to set up electronic chip manufacturing plants.
* ROLTA INDIA: The Company’s promoter bought 81,000 shares of the company for 5.32 mln rupees from the market.
* SEAMEC: Has got a $6.28 mln contract to deploy its vessel Seamec Princess in the Far East .
* STEEL AUTHORITY OF INDIA : Government will sell 5.82% stake in the company through an offer for sale on Friday.
* SUZLON ENERGY: Will raise $650 mln as part of its debt-restructuring package, via five-year dollar denominated bonds backed by a consortium of
lenders.
* VIDEOCON INDUSTRIES: Its Telecom division will start rolling out fourth generation long term evolution services by March 2014 using the 1800-MHz band
of spectrum.
