* BAJAJ CORP: Has got approval from Securities and Exchange Board of India for relaxing offer for sale norms.
* BHARAT PETROLEUM CORP: Plans to sell 24% stake in arm Bharat Oman Refinery through an initial public offering in 2014-15 (Apr-Mar). Plans to invest around 325 bln rupees to increase refining capacity to 47.5 mln tn in three to four years from 30.5 mln tn now.
* CAIRN INDIA: Cairn Energy has no immediate plans to sell its 10.27% stake in the company.
* CMC: Posted flat sequential growth in consolidated net profit for Jan-Mar at 613.38 mln rupees.
* FORTIS HEALTHCARE: Has got SEBI approval for relaxing norms for institutional placement programme.
* GILLETTE INDIA: SAT has directed the SEBI to respond to the company in two weeks on why it rejected the company's proposal to meet minimum public shareholding norm.
* GTL INFRASTRUCTURE: Has sought around 15 bln rupees compensation from Aircel citing failure to meet obligations to provide new tenancies.
* INDIAN OIL CORP: To cut petrol price by 1 rupee per ltr from Tue.
* INDUSIND BANK: Foreign institutional investor, Afrin Dia, has bought 1.34 mln shares of the bank for 540 mln rupees through open market.
* JET AIRWAYS: In a clear sign that the deal with Etihad will take more time to consummate, Naresh Goyal, founder-promoter of the company has decided to offload 5% stake to comply with SEBI deadline to pare equity holding to 75%.
* JK LAKSHMI CEMENT: Agitation by local villagers at Chhattisgarh plant may cost the company around 1.5 bln rupees.
* JYOTHY CONSUMER PRODUCTS: Has got court approval for merger with JYOTHY LABORATORIES.
* LINKSON INTERNATIONAL: To raise up to 200 mln rupees via issue of preferential shares.
* MAHINDRA & MAHINDRA: Shortage of engines because of a strike at the company's Igatpuri plant has started affecting car production at Nashik unit.
* MARUTI SUZUKI INDIA : Plans to launch new models targeting new sub-segments and utility vehicles segment to boost its market share.
* NTPC: Is likely to start getting coal from COAL INDIA 's Kaniha mine for its 3,000 MW project soon. A joint testing of coal quality has shown that the company is paying less for the coal being supplied by COAL INDIA .
* PEARL ELECTRONICS: To raise funds through sale of shares on preferential basis for expansion plan.
* RELIANCE INDUSTRIES: Hughes Communications India is in talks with the company to offer 4G telecom services in rural India .
* SOUTHERN ISPAT & ENERGY: SEBI is probing a series of letters circulated by Mahutkarsh Securities and Finance to the shareholders of the company to buy its shares at over 50% premium to the prevailing market price.
* TAMILNADU TELECOMMUNICATIONS: Plans to "aggressively" bid for the 20-bln-rupee government optical fibre cable network-laying contract.
* TATA POWER: The Central Electricity Regulatory Commission has favoured temporary tariff revision for the company's 4,000-MW ultra mega power plant at Mundra.
* THOMAS COOK: Has raised 1 bln rupees via non-convertible debentures.
* UNION BANK: has hit the global debt market to raise around $500 mln through bond issuance.
* UTTAM GALVA STEEL: South Korean steel maker Posco may partner the company to set up a 3 mln tn integrated steel plant at Satarda in Maharashtra .
* WELSPUN CORP: Is yet to decide on resumption of its Anjar unit in Gujarat and is meeting small demand for plates and coils via imports.
* WIPRO: Has got SEBI approval for relaxing norms for offer for sale.
* ZENSAR TECHNOLOGIES: SEBI has settled allegations of insider trading charges against promoter Pedriano Investments after it paid over 600,000 rupees towards settlement fees.
