* BHUSHAN STEEL: The SC has issued a notice to the Centre on the company's plea seeking transfer of pending cases against the government's decision to de- allocate Patrapara coal block in Odisha from high courts to the apex court.
* BILCARE: The company's proposal for corporate debt recast may face complication as one of its lenders has publicly issued the company a showcause notice on why the company should not be declared a wilful defaulter.
* DEWAN HOUSING FINANCE CORP: Has reported a Jan-Mar net profit of 1.97 bln rupees, up 109.7% on year and revenue from operations of 17.27 bln, up 139.74% on year.
* DLF: The promoters of DLF will issue over 81 mln fresh shares to qualified institutional buyers through institutional placement programmed to meet the 25% minimum public shareholding norm before June 30.
* DQ ENTERTAINMENT (INTERNATIONAL): Promoters sold 910 shares of the company on Monday in the open market.
* EMAMI: Expects lower raw material costs this season due to subdued mentha prices.
* GLENMARK PHARMACEUTICALS: Jan-Mar net profit increased 11% on year to 1.67 bln rupees. Net sales increased 25% to 13.35 bln rupees.
* GUJARAT ORGANICS: SEBI has exempted HD Trust from making an open offer for the company's shares following receiving a 71.15% stake as a gift from existing promoters.
* HINDUSTAN UNILEVER: Parent Unilever's open offer for 22.5% stake in the company to begin Jun 21 and end on Jul 4.
* IDEA CELLULAR: Is negotiating with its outsourcing partners to lower costs of operations and improve profitability.
* IL& FS TRANSPORTATION NETWORKS: Jan-Mar net profit declined 60% to 345.40 mln rupees. Revenues remained flat at 10.32 bln rupees.
* INDRAPRASTHA GAS: SC would today resume the final hearing on Petroleum and Natural Gas Regulatory Board's plea challenging the Delhi High Court's ruling that the board could not regulate the components of price at which the company and other such companies could sell gas.
* INFOSYS: Is collaborating with Germany-based SAP AG to develop mobile applications for the retail industry.
* JUBILANT LIFE SCIENCES: Reported consolidated net loss of 309.7 mln rupees in Jan-Mar, compared with loss of 635.30 mln rupees a year ago. Consolidated net sales increased 18.5% to 13.88 bln rupees.
- Has set up committee to mull raising funds of up to $250 mln.
* LARSEN & TOUBRO: An empowered government committee has given the final approval for viability gap funding of 14.58 bln rupees for the proposed Hyderabad Metro Rail project, which is being developed by the company's subsidiary.
* MSP STEEL AND POWER: Promoters MSP Metallics, Jagran Vyapar and Raj Securities have sold 9.16% stake in the company to co-promoter MSP Sponge Iron.
* MMTC: Plans to utilize the entire 100 tn gold and 600 tn silver refining capacity in the next two years.
* NMDC: The state-owned company is examining two proposals for acquiring coal mines in South Africa 's Kopano.
* NTPC: The Company’s plan to spend around 96 bln rupees to revive its old power plants might help revive the ailing power equipment sector as well.
* PVR: Is exploring opportunities to take its luxury format Director's Cut to Asian markets such as Thailand , Singapore and Hong Kong .
* RELIANCE INDUSTRIES: The government has asked for certain clarifications on the revised investment plan the company had submitted for the main gas producing fields in the eastern offshore KG D6 block.
* SHIPPING CORP OF INDIA : The parliamentary standing committee on transport has raised serious concerns about the co's future saying the company is likely to share the fate of Air India , unless it cuts costs and is run in a professional manner.
* SHOPPERS STOP: Crossword bookstore plans to expand its non-book product portfolio such as electronic gadgets, toys, and stationary as demand for music and movies takes a hit.
* SHRIRAM TRANSPORT FINANCE: Board has approved raising up to 20 bln rupees by way of a public issue of secured, redeemable non-convertible debentures.
* STATE BANK OF INDIA : Has entered into pact with Finolex group company Finolex Plasson Industries for disbursement of loans to farmers. The bank's California subsidiary has been forced to clean up its books and tighten procedures after US regulators took exception to certain banking practices.
* SURANA VENTURES: Will divest entire stake in arm Surana Solar Systems.
* SURAT TEXTILE MILLS: Has set offer for sale floor price at 1.35 rupee a share.
* TAMIL NADU NEWSPRINT & PAPER: Will set up a 12 bln rupee packaging board manufacturing unit in Tiruchi district.
* UCO BANK: Has reported an 80.4% on-year decline in net profit to 495.5 mln rupees for Jan-Mar. Interest earned by the bank increased 6.2% on year to 42.1 bln rupees.
* WIPRO: Has entered into a strategic partnership with Opera Solutions and has picked up a minority stake in the US-based company for $30 mln.
