* ADITYA BIRLA NUVO: Has approved allotment of 6.68 mln shares at 900.86 rupees each to the promoters on conversion of warrants.
* BALMER LAWRIE & COMPANY: Board has approved three-for-four bonus share issue.
* CLARIANT CHEMICALS INDIA : Board has approved the sale of the company's textile chemicals, paper specialties, and emulsion businesses for 2.1 bln rupees.
* GITANJALI GEMS: Has decided to defer the plan of raising funds through an issue of foreign currency convertible bonds.
* GMR INFRASTRUCTURE: Is divesting its two major coal-mining assets in South Africa which it holds through a joint venture with Homeland Energy Group.
* HOUSING DEVELOPMENT FINANCE CORP: Will raise at least 2 bln rupees through three-year bonds, carrying a coupon of 9.15%.
* IDBI BANK: Is looking to sell 32.65 mln shares of 100 unlisted companies in a bid to increase sale from investments and to boost profitability.
* INFOSYS: Matthew Barney, vice-president and head of Infosys Leadership Institute, has quit, ending his four-year association with the company.
* JAMNA AUTO INDUSTRIES: Japan's NHK Springs to buy the company's 5.39% stake in joint venture NHK Springs India for 255 mln rupees.
* JSW GROUP: Plans to spend 40 bln rupees to build its first liquefied gas terminal as sliding output in India spurs demand for imports of the fuel.
* KAVERI SEED CO: The current financial year ending Mar 31 is expected to be a bumper one for the company with revenues expected to rise 75%.
* KINGFISHER AIRLINES: The government has decided to allow lessors to take back the 17 deregistered aircraft of the company.
* ONGC: Plans to farm out 35-40% stake in each of its four coal-bed-methane gas blocks the company intends to award to energy firms. Service contractors of ONGC's marginal fields will get international prices for the crude oil they produce from these fields.
* PANTALOON RETAIL: The Company’s debt will fall to 19 bln rupees by June quarter as the company will have completed stake sale of insurance business and demerger of its fashion subsidiary by then.
* POWER FINANCE CORP: Is aiming to disburse 470 bln rupees in loans and raise 440 bln rupees from the capital markets to fund its operations in 2013-14 (Apr-Mar).
* RAMCO SYSTEMS: Is strengthening the top management to take on industry giants such as SAP and Oracle in the enterprise resource planning space.
* RURAL ELECTRIFICATION CORP: Plans to sanction 660 bln rupees in 2013-14 (Apr-Mar), an increase of 20.8% from the current year.
* SHREEKRISHNA BIOTECH: Board has approved raising funds through issuance of 20 mln convertible warrants on a preferential basis.
* STERLITE INDUSTRIES INDIA : The Supreme Court will on Apr 2 pass judgement on the company's plea challenging Madras High Court's order for closure of its Tuticorin copper-smelting unit.
* TATA METALIKS: Has inked a pact to terminate joint venture, Tata Metaliks Kubota Pipes, with Japan 's Kubota Corp and Metal One Corp.
* THOMAS COOK: Has decided to sign up contracts directly with suppliers in Europe , bypassing destination management companies.
