* AXIS BANK: SEBI has disposed of a case against the bank for violation of insider trading regulations while acting as a merchant banker for KSK ENERGY VENTURE and BOMBAY RAYON FASHION.
* BALAJI TELEFILMS: Arm Balaji Motion Pictures sold music rights of three of its movies to Sony Music Entertainment for 130 mln rupees.
* BANK OF MAHARASHTRA : Has allotted 71.88 mln shares to the government on preferential basis at 56.48 rupees each.
* BHARAT ELECTRONICS: Provisional turnover for 2012-13 (Apr-Mar) is 60.10 bln rupees, a growth of 5% over 57.04 bln rupees clocked in the previous year.
* COAL INDIA: Production in the year ended March rose 3.8% to 452.5 mln tn, against the target of 464.1 mln tn.
* DR REDDY'S LABORATORIES: Has appointed G.V. Prasad as chairman and chief executive officer, and Satish Reddy as vice chairman with effect from Mar 30.
* EICHER MOTORS: Volvo AB is looking to induct Eicher as the fifth brand in its global portfolio.
* GAIL INDIA : Has booked 2.3 mtpa capacity in the Cove Point LNG liquefaction terminal project at Maryland in the US .
* GATI: Arm, Gati Ship will launch a coastal container service between north India and south India , covering Kandla, Mundra, and Cochin ports by Apr 30.
* GMR INFRASTRUCTURE: Has completed sale of its 70% interest in GMR Energy ( Singapore ) Pte to FPM Power Holdings.
* HERO MOTOCORP: Reported a 11.3% year-on-year fall in March sales to 468,283 two-wheelers due to high lending rates and negative consumer sentiment.
* INDIA INFOLINE: Has approved in principle to restructure the group business.
* INDIAN OIL CORP: Has announced a 85-paisa cut in the base price of a litre of petrol.
* IVRCL: Has sold stake in three of its road projects to Tata group's TRIL Roads.
* JK LAKSHMI CEMENT: A landslip at the company's plant in Durg district of Chhattisgarh left one worker dead and two critically injured.
* JSL STAINLESS: Has completed the process of restructuring of $250 mln external commercial borrowing with the consent of all lenders.
* KILBURN ENGINEERING: Has received a letter of intent from Samsung Engineering for a system worth $7.1 mln, and from Symtech India for conveyor dryers and rotary oven worth 79.9 mln rupees.
* KINGFISHER AIRLINES: Promoter UB Holdings has filed a plea in Bombay High Court seeking a restrain on STATE BANK OF INDIA from selling pledged shares of UNITED SPIRITS.
* LARSEN & TOUBRO: Has lowered prices for power equipment and engineering projects to beat competition and stay profitable amid slowdown.
* NEYVELI LIGNITE CORP: Has exceeded its production targets for 2012-13 (Apr-Mar) and registered growth in all its operational areas.
* OIL AND NATURAL GAS CORP: Arm, ONGC Videsh, has completed the acquisition of Hess Corp's 2.7213% participating interest in the Azeri, Chirag, and the deep water portion of Guneshli fields in the Azerbaijan sector of the Caspian Sea .
* ORIENTAL BANK: To cut rate on some deposits by 25-50 basis points from today.
* RELIANCE INDUSTRIES: Along with its two foreign partners BP Plc and Niko Resources have submitted a plan to the government for developing the gas-rich NEC-25 block on India 's eastern offshore.
* SJVN: Plans 6.83 bln units power generation in 2013-14 (Apr-Mar) with an expected revenue realisation of 17.83 bln rupees.
* STEEL AUTHORITY OF INDIA : Chairman and Managing Director C.S. Verma has said prices in India are strong, as the country remains a demand centre.
* SHRIRAM TRANSPORT FINANCE: The US-based private equity investor TPG is likely to sell its remaining holding of over 10% in the company in the open market through block deals.
* STEEL STRIPS WHEELS: March net sales at 926.3 mln rupees, up 5.1% on year.
* TATA MOTORS: March total sales, including exports, dropped 27.6% to 72,712 units. Tata Sons Chairman Cyrus Mistry has said the company would have to leapfrog to the next level through better use of technology.
* WIPRO: Has set Apr 1 as the record date for its proposed demerger of operations.
* ZEE ENTERTAINMENT ENTERPRISES: Subsidiary, Asia Today Ltd, Mauritius , will pick up minority stake in UK 's MirriAd.
* ZENSAR TECHNOLOGIES: Has rebranded its infrastructure management services unit Akibia Inc as Zensar Technologies.
