* ADANI PORT: The home ministry is likely to allow the company, GAMMON INFRASTRUCTURE, PUNJ LLOYD to bid for port development projects
* ARROW COATED PRODUCTS: Has received a European patent for its soluble film layered with barrier coating material which strengthens the film.
* BOSCH: Jan-Mar net profit fell 23% year-on-year to 2.60 bln rupees and net sales slipped 3.4% to 21.90 bln rupees.
* CITY UNION BANK: Is in talks with private equity funds to raise 16 bln rupees in the next two-three years.
* COAL INDIA: Has filed a single application for 15 mines located in Ranigunj area of West Bengal , in a bid to secure faster environmental clearance. Has invited bids from merchant bankers for acquiring overseas mines.
* DR REDDY's LABORATORIES: Is likely to get a first-to-file para IV status on its drug master file submission for schizophrenia drug Latuda.
* GAYATRI PROJECTS: Arm Sai Maatarini Tollways has tied up the debt required for its project and the company will provide guarantee for up to 13.97 bln rupees to the lenders.
* GUJARAT NRE COKE: Plans to raise up to 5.5 bln rupees through various means, including foreign currency convertible bonds.
* HERO MOTOCORP: Has concluded a wage deal with Gurgaon unit workers, which will be valid for three years. Has ventured into retail financing, targeting 50-bln-rupee in revenue by 2017.
* HEXAWARE TECHNOLOGIES: Has said that the weak guidance for Apr-Jun is not reflective of its likely performance in the current year.
* ING VYSYA BANK: Jan-Mar net profit increased 33.7% year on year to 1.7 bln rupees, total income increased 15.6% to 14.54 bln rupees.
* JET AIRWAYS: Promoter Naresh Goyal, who currently holds 79.99% in the company, will bring his stake down to 51% post Etihad deal to meet SEBI norms.
- Etihad has extended a low-interest loan of $300 mln to the Indian carrier, which will use it to partly refinance debt.
- Will launch a public share sale in order to meet the minimum public shareholding norm.
- Etihad will have the right to appoint three directors on Jet Airways board.
* JSW STEEL: Has denied that JFE Steel International Europe has increased its stake in the company. JFE holds 16.17% in the steel maker.
* IL&FS ENGINEERING: Net loss widened to 459.2 mln rupees in Jan-Mar from 367.3 mln rupees a year ago. Income from operations rose 16.6% to 5.92 bln rupees.
* INFOSYS: And TATA CONSULTANCY SERVICES are talks with Rio Tinto for contracts worth $250 mln. Has tied up with New York-based IPsoft for infrastructure management services.
* KPIT CUMMINS: Jan-Mar net profit increased 17% on year to 511.7 mln rupees, net sales increased 18.7% to 5.7 bln rupees.
* LARSEN & TOUBRO: Is set to bag a 21-bln-rupee order for 300 MW solar power project in Tamil Nadu.
* MARUTI SUZUKI: Tax authorities have questioned the royalty paid by the company to Suzuki Motor Corp; disallowed expenses of 4.48 bln rupees, and added it back to company's 2008-09 pre-tax profit. Sales Head Mayank Pareekh has said the company will increase marketing spend in rural areas.
* MERCATOR: Has sold its 1994-built aframax tanker Omvati Prem.
* NDTV: Plans to revamp English business news channel NDTV Profit. Plans to shift production control room from Mumbai to Delhi to cut costs.
* NTPC: Owed COAL INDIA around 28.39 bln rupees as on Mar 31 on account of coal supplied. Power regulator has rejected allegations that the company abused its market dominance.
* NUCLEUS SOFTWARE: Is eyeing two acquisitions to strengthen offering in banking and financial services.
* OIL AND NATURAL GAS CORP: Arm ONGC Videsh will raise at least $850 mln by issuing 5-year and 10-year dollar-denominated bonds. Will integrate overseas and domestic oil and gas exploration activities.
* OIL INDIA: Volumes for 2012-13 fell 5% as Assam union strikes took toll.
* PIPAVAV DEFENCE: Defence ministry has put on hold the joint venture between the company and Mazagaon Dock amid allegations of non-compliance and favouritism.
* RELIANCE COMMUNICATIONS: Plans to use rivals' network where it does not have any airwaves, thereby being able to cut capital expenditure by 12 bln rupees.
* RELIANCE INDUSTRIES: The management committee of RIL-BP's D6 block will meet to resolve the issue of how much area in the block should be surrendered by the operator.
* SHREE CEMENT: Jan-Mar net profit increased 140% on year to 2.7 bln rupees, net sales increased 6% to 14.6 bln rupees.
* STATE BANK OF MYSORE : Jan-Mar net profit declined 34% on year to 762 mln rupees, total income increased 13% to 17.21 bln rupees.
* STERLITE INDUSTRIES: Jan-Mar consolidated net profit at 19.25 bln rupees topped analysts' estimates of 14.45 bln rupees.
* YES BANK: The Foreign Investment Promotion Board has sent the bank's 26.5-bln-rupee investment proposal to Cabinet Committee on Economic Affairs for consideration.
