* AMTEK AUTO: Amtek Laboratories bought 2.89 mln shares of the company from market for a total consideration of 181.5 mln rupees.
* ASIAN GRANITO INDIA: Madras High Court has put an interim stay on manufacturing and selling of TUFFLONG brand tiles by the company.
* CAIRN INDIA: Its joint venture with OIL AND NATURAL GAS CORP has started commercial sales of gas from Barmer block at the government approved price of around $5 per mBtu. Vedanta founder Anil Agarwal aims to raise company's crude oil output to 500,000 barrels per day and wants government to unwind the maze of controls.
* COAL INDIA: Coal ministry has set a production target of 482 mln tn for the company for 2013-14 (Apr-Mar) as against 464.1 mln tn for 2012-13.
* COROMANDEL INTERNATIONAL: Has commissioned a new production train at its complex fertiliser plant at Kakinada .
* DR REDDY'S LABORATORIES: Has settled a case against Nordion Inc on payment of $22.5 mln by the Canadian pharmaceutical company.
* EXIDE INDUSTRIES: Have bought the remaining 50% stake in ING Vysya Life Insurance Co for around 5.5 bln rupees making it a wholly-owned subsidiary.
* GAMMON INFRASTRUCTURE PROJECTS: Have achieved financial closure for five road projects.
* GEODESIC: Expects to complete its restructuring process in the first half of this week, following which it will take steps to redeem the foreign currency convertible bonds.
* GMR INFRASTRUCTURE: First 300-MW unit of the company's Warora plant has started commercial generation.
* HDFC BANK: Leads the private sector banking sector in expanding its Automated Teller Machine network.
* HINDUSTAN PETROLEUM CORP: Company's Bathinda refinery is likely to see its capacity expansion of 2 mln tn per annum not before fiscal 2017.
* INDIAN HOTELS CO: Delhi Development Authority may renew the lease for the iconic Taj Mahal Palace hotel in the city for 25 years.
* INDIAN OIL CORP: Has hiked base price of diesel by 45 paisa per ltr.
* KINGFISHER AIRLINES: Promoter Vijay Mallya has assured employees that they will be paid their salary dues of eight months soon.
* LUPIN: Has launched its generic version of anti-hypertension drug Diovan HCT in the US .
* MARUTI SUZUKI INDIA : Will go ahead with its plan to commission a third assembly line at its Manesar facility in September this year.
* NESTLE INDIA : Board has approved increasing the company's royalty payment to its Swiss parent Nestle Group to 4.5% from 3.5% over five years starting
2014.
* RAJ OIL MILLS: Chairman and Managing Director Shaukat Tharadara and director Abdulla Musla have been arrested by police on charges of cheating
and forgery.
* RANBAXY LABORATORIES: US approval for company's generic of anti-hypertension drug Diovan may come this week.
* RELIANCE INDUSTRIES: Has paid the government $78.88 mln as penalty for failing to meet its commitments under the production sharing contract over the last three years. Reliance Retail is restructuring its business into two broad verticals--Reliance Fresh and Reliance Trends. Comptroller and Audit General of India is likely to re-start audit of the company's spending on the KG-D6 gas block early next month.
* RELIANCE POWER: Arm Sasan Power has been asked by Central Electricity Regulatory Commission to submit a concrete proposal to the companies that have contracted to buy power from it.
* SADBHAV ENGINEERING: The company is expected to have been comfortably placed to bid for two of National Highway Authority of India projects.
* S KUMARS NATIONWIDE: Cash-strapped promoters of the company are planning to sell a controlling stake in unlisted subsidiary Reid & Taylor and de-leverage the balance sheet.
* STEEL AUTHORITY OF INDIA : The offer for sale of 5.82% government stake in the company was fully subscribed at an indicative price of 63.07 rupees per share.
* SUZLON ENERGY: Will tap the overseas bond markets to raise $650 mln to prepay its foreign exchange debts.
* TATA CONSULTANCY SERVICES: Is close to bagging 11-bln-rupee systems integration contract from India Post.
* TATA POWER CO: Tata Steel bought 2.49 mln shares of the company for 244.5 mln rupees over Wednesday and Thursday.
* VIDEOCON GROUP: Has planned to retire a large portion of its 290-bln-rupee debt from the proceeds of the sale of its 10% stake in a Mozambique gas field by this month-end, which could raise 163 bln rupees.
