* ABAN OFFSHORE: Reported Jan-Mar consolidated net profit of 607 mln rupees, down 24.62% on year. Net sales, at 9.6 bln rupees, was up 19.49% on year. Plans to raise up to $400 mln through overseas equity-linked issue and up to 25 bln rupees via qualified institutional placement.
* BOMBAY DYEING & MANUFACTURING: Jan-Mar net profit was 1.58 bln rupees. Net sales were 8.45 bln rupees.
* CHENNAI PETROLEUM: Jan-Mar net loss was 3.92 bln rupees against 1.07 bln rupees net profit year ago. Net sales, at 124.52 bln rupees, were up 20.6% on year.
* ELECTROSTEEL STEELS: Has secured in-principle approval from lenders to restructure the company's loan of around 60 bln rupees.
* ENGINEERS INDIA : Jan-Mar net profit was at 1.81 bln rupees, down 5.06% on year. Net sales, at 5.13 bln rupees, were down 58.09% on year.
* ESSAR PORTS: Promoter plans to sell 22.67 mln shares of the company via offer for sale Thursday.
* ESSAR SHIPPING: Promoter plans to sell 17.8 mln shares of the company via offer for sale Thursday.
* FUTURE RETAIL: Has sought the Foreign Investment Promotion Board's approval to increase foreign institutional investor holding in the company to 49% from existing 24%.
* GAIL: Jan-Mar net profit was 6.18 bln rupees, up 28% on year. Net sales were 124.08 bln rupees, up 18.7% on year. Hopes to start production from Myanmar block by September end; plans to come out with 10-bln-rupee local bonds issue in July-Sep.
* GITANJALI GEMS: Jan-Mar consolidated profit after tax was 1.19 bln rupees, up 16% on year. Consolidated net sales was 47.5 bln rupees, up 35% on year.
* GODREJ INDUSTRIES: Jan-Mar net profit was at 936.7 mln rupees, up 119% year on year. Net sales was 14.06 bln rupees, up 0.9% on year.
* GUJARAT MINERAL: Jan-Mar consolidated net profit was 1.49 bln rupees, on net sales of 4.42 bln rupees.
* GREAT EASTERN SHIPPING: Has inked a pact to sell product tanker.
* HCL INFOSYSTEMS: Is not actively seeking sale of its hardware business, but indicated it could potentially list the recently-created subsidiaries on the stock exchange.
* HINDALCO INDUSTRIES: Reported net profit of 4.82 bln rupees for the quarter ended March, up 11% from Oct-Dec. Net sales stood at 69.94 bln rupees for the quarter, compared with 68.74 bln rupees in Oct-Dec.
* HINDUSTAN PETROLEUM CORP: Jan-Mar net profit was 76.79 bln rupees, up 65.8% on year. Net sales was 612.38 bln rupees, up 16.9% on year. Is looking to revive plans for Vishakapatnam refinery, petrochemicals project.
* INFOSYS: Will introduce a revised wage structure for all its employees in India on Saturday, with an aim to reduce the variable component in compensation.
* JAYPEE INFRATECH: Promoter to sell up to 160 mln shares of company via offer for sale; floor price set at 35 rupees per share.
* JET AIRWAYS: Promoter to sell 4.32 mln shares in company through offer for sale on Thursday. Is planning to order more aircraft as it prepares to fend off competition from Airasia.
* JINDAL STEEL & POWER: The coal ministry has asked the power ministry to probe "violation" of captive coal block allocation norms by the company by selling surplus power generated by leftover coal from its mine in Chhattisgarh to others.
* JYOTI LABORATRIES: Plans to improve operational efficiency, reduce power and fuel costs by 15-20% in coils manufacturing and utilise higher capacity for product manufacturing.
* KSK ENERGY: Jan-Mar net profit was at 26.87 mln rupees. Net sales at 91.95 mln rupees.
* MICRO TECHNOLOGIES: Is planning to raise 3 bln rupees from the sale of two subsidiaries and plans to use to proceeds to pare overall debt.
* MONNET INDUSTRIES: Promoter to sell 100 shares by Jun 3 to meet holding norm.
* MONNET PROJECTS: Offer for sale floor price set at 32 rupees per share.
* NATIONAL FERTILIZERS: An inter-ministerial group, comprising senior officials disinvestment and fertiliser departments, has approved 7.64% divestment in the company.
* NHPC: Jan-Mar net profit was 5.83 bln rupees, down 27.3% on year. Net sales, at 10.38 bln rupees, was down 25.1% year on year. The government has initiated the process of divesting 11.36% stake in the company and will soon appoint merchant bankers for the same.
* NOVARTIS INDIA: Swiss promoter Novartis AG plans to sell 454,205 shares of the company through an offer for sale on Thursday.
* OIL AND NATURAL GAS CORP: Is setting up an integrated gas processing plant in Maharashtra at an investment of nearly 100 bln rupees. Arm ONGC Videsh is planning to raise $3 bln rupees in debt to part fund the acquisition of US energy giant ConocoPhillips' stake in Kazakhstan oilfield.
* POWER GRID CORPORATION: Jan-Mar net profit was 11.09 bln rupees, up 7.5% on year. Total income was at 33.81 bln rupees, up 7.1% on year.
* PARSVNATH DEVELOPERS: Reported Jan-Mar consolidated net profit of 140 mln rupees against a net loss of 230 mln rupees year ago. Revenue, at 1.82 bln rupees, was down 16.9% year on year.
* RADICO KHAITAN: Jan-Mar net profit was 157.2 mln rupees against 44.65 mln rupees year ago. Net sales was at 3.21 bln rupees compared with 2.73 bln
rupees.
* RANBAXY LABORATORIES: The Indian Medical Association that represents medical practitioners, has asked the Drug Controller General of India to investigate the quality of drugs manufactured and sold by the company in India .
* RELIANCE INDUSTRIES: Promoter PAVANA ENTERPRISES sold 0.63% stake in company to co-promoter FARM ENTERPRISES via inter-se transfer of 20.4 mln shares for 828 rupees per share.
* RURAL ELECTRIFICATION CORP: Posted Jan-Mar net profit of 9.60 bln rupees, up 26.15% on year. Total income was at 36.25 bln rupees, up 27.36%.
* SATYAM COMPUTER SERVICES: Along with Dion Global Solutions will offer software solutions to assist financial institutions in Australia and New Zealand to meet US Foreign Tax Compliance Act Regulations. Is planning to hire 2,000 freshers in 2013-14.
* SHIPPING CORPORATION OF INDIA : Jan-Mar net loss was 2.81 bln rupees; net sales 9.61 bln rupees.
* STATE BANK OF INDIA : Said it has already recovered 6-8-bln-rupee loans advanced to KINGFISHER AIRLINES.
* SUN PHARMACEUTICAL INDUSTRIES: Jan-Mar consolidated net profit was 10.11 bln rupees, up 23.3% year on year. Net sales were at 30.71 bln rupees, up 31.8%.
* SUN TV NETWORK: Promoter Kalanithi Maran has set a floor price of 403 rupees per share for the proposed offer for sale of 7.88 mln shares.
* TATA TELESRVICES MAHARASHTRA : Promoter to sell 35 mln shares of company through offer for sale on Thursday.
* TATA COMMUNICATIONS: Jan-Mar consol net loss was 52 mln rupees against 2.61 bln rupee loss. Income from operations was 44 bln rupees, up 11.1% on year. Is planning to raise around 8-10 bln rupees from the sale of at least three non-core assets.
* TATA POWER: Is planning to add another 1,600 MW capacity to its Mundra power station in Gujarat .
* TATA STEEL: Moody's has said the company's results for Jan-Mar were marginally better than expected but kept the company's ratings unchanged.
* THOMAS COOK INDIA : Has refuted reports of selling Mumbai headquarter as part of asset monetisation plan.
* UNITED SPIRITS: Will consider selling its Scottish grain whiskey distillery Invergordon.
* USHA MARTIN: Has planned a shutdown of a mini blast furnace for refractory relining at its steel plant at Jamshedpur in the first week of June.
* BOMBAY DYEING & MANUFACTURING: Jan-Mar net profit was 1.58 bln rupees. Net sales were 8.45 bln rupees.
* CHENNAI PETROLEUM: Jan-Mar net loss was 3.92 bln rupees against 1.07 bln rupees net profit year ago. Net sales, at 124.52 bln rupees, were up 20.6% on year.
* ELECTROSTEEL STEELS: Has secured in-principle approval from lenders to restructure the company's loan of around 60 bln rupees.
* ENGINEERS INDIA : Jan-Mar net profit was at 1.81 bln rupees, down 5.06% on year. Net sales, at 5.13 bln rupees, were down 58.09% on year.
* ESSAR PORTS: Promoter plans to sell 22.67 mln shares of the company via offer for sale Thursday.
* ESSAR SHIPPING: Promoter plans to sell 17.8 mln shares of the company via offer for sale Thursday.
* FUTURE RETAIL: Has sought the Foreign Investment Promotion Board's approval to increase foreign institutional investor holding in the company to 49% from existing 24%.
* GAIL: Jan-Mar net profit was 6.18 bln rupees, up 28% on year. Net sales were 124.08 bln rupees, up 18.7% on year. Hopes to start production from Myanmar block by September end; plans to come out with 10-bln-rupee local bonds issue in July-Sep.
* GITANJALI GEMS: Jan-Mar consolidated profit after tax was 1.19 bln rupees, up 16% on year. Consolidated net sales was 47.5 bln rupees, up 35% on year.
* GODREJ INDUSTRIES: Jan-Mar net profit was at 936.7 mln rupees, up 119% year on year. Net sales was 14.06 bln rupees, up 0.9% on year.
* GUJARAT MINERAL: Jan-Mar consolidated net profit was 1.49 bln rupees, on net sales of 4.42 bln rupees.
* GREAT EASTERN SHIPPING: Has inked a pact to sell product tanker.
* HCL INFOSYSTEMS: Is not actively seeking sale of its hardware business, but indicated it could potentially list the recently-created subsidiaries on the stock exchange.
* HINDALCO INDUSTRIES: Reported net profit of 4.82 bln rupees for the quarter ended March, up 11% from Oct-Dec. Net sales stood at 69.94 bln rupees for the quarter, compared with 68.74 bln rupees in Oct-Dec.
* HINDUSTAN PETROLEUM CORP: Jan-Mar net profit was 76.79 bln rupees, up 65.8% on year. Net sales was 612.38 bln rupees, up 16.9% on year. Is looking to revive plans for Vishakapatnam refinery, petrochemicals project.
* INFOSYS: Will introduce a revised wage structure for all its employees in India on Saturday, with an aim to reduce the variable component in compensation.
* JAYPEE INFRATECH: Promoter to sell up to 160 mln shares of company via offer for sale; floor price set at 35 rupees per share.
* JET AIRWAYS: Promoter to sell 4.32 mln shares in company through offer for sale on Thursday. Is planning to order more aircraft as it prepares to fend off competition from Airasia.
* JINDAL STEEL & POWER: The coal ministry has asked the power ministry to probe "violation" of captive coal block allocation norms by the company by selling surplus power generated by leftover coal from its mine in Chhattisgarh to others.
* JYOTI LABORATRIES: Plans to improve operational efficiency, reduce power and fuel costs by 15-20% in coils manufacturing and utilise higher capacity for product manufacturing.
* KSK ENERGY: Jan-Mar net profit was at 26.87 mln rupees. Net sales at 91.95 mln rupees.
* MICRO TECHNOLOGIES: Is planning to raise 3 bln rupees from the sale of two subsidiaries and plans to use to proceeds to pare overall debt.
* MONNET INDUSTRIES: Promoter to sell 100 shares by Jun 3 to meet holding norm.
* MONNET PROJECTS: Offer for sale floor price set at 32 rupees per share.
* NATIONAL FERTILIZERS: An inter-ministerial group, comprising senior officials disinvestment and fertiliser departments, has approved 7.64% divestment in the company.
* NHPC: Jan-Mar net profit was 5.83 bln rupees, down 27.3% on year. Net sales, at 10.38 bln rupees, was down 25.1% year on year. The government has initiated the process of divesting 11.36% stake in the company and will soon appoint merchant bankers for the same.
* NOVARTIS INDIA: Swiss promoter Novartis AG plans to sell 454,205 shares of the company through an offer for sale on Thursday.
* OIL AND NATURAL GAS CORP: Is setting up an integrated gas processing plant in Maharashtra at an investment of nearly 100 bln rupees. Arm ONGC Videsh is planning to raise $3 bln rupees in debt to part fund the acquisition of US energy giant ConocoPhillips' stake in Kazakhstan oilfield.
* POWER GRID CORPORATION: Jan-Mar net profit was 11.09 bln rupees, up 7.5% on year. Total income was at 33.81 bln rupees, up 7.1% on year.
* PARSVNATH DEVELOPERS: Reported Jan-Mar consolidated net profit of 140 mln rupees against a net loss of 230 mln rupees year ago. Revenue, at 1.82 bln rupees, was down 16.9% year on year.
* RADICO KHAITAN: Jan-Mar net profit was 157.2 mln rupees against 44.65 mln rupees year ago. Net sales was at 3.21 bln rupees compared with 2.73 bln
rupees.
* RANBAXY LABORATORIES: The Indian Medical Association that represents medical practitioners, has asked the Drug Controller General of India to investigate the quality of drugs manufactured and sold by the company in India .
* RELIANCE INDUSTRIES: Promoter PAVANA ENTERPRISES sold 0.63% stake in company to co-promoter FARM ENTERPRISES via inter-se transfer of 20.4 mln shares for 828 rupees per share.
* RURAL ELECTRIFICATION CORP: Posted Jan-Mar net profit of 9.60 bln rupees, up 26.15% on year. Total income was at 36.25 bln rupees, up 27.36%.
* SATYAM COMPUTER SERVICES: Along with Dion Global Solutions will offer software solutions to assist financial institutions in Australia and New Zealand to meet US Foreign Tax Compliance Act Regulations. Is planning to hire 2,000 freshers in 2013-14.
* SHIPPING CORPORATION OF INDIA : Jan-Mar net loss was 2.81 bln rupees; net sales 9.61 bln rupees.
* STATE BANK OF INDIA : Said it has already recovered 6-8-bln-rupee loans advanced to KINGFISHER AIRLINES.
* SUN PHARMACEUTICAL INDUSTRIES: Jan-Mar consolidated net profit was 10.11 bln rupees, up 23.3% year on year. Net sales were at 30.71 bln rupees, up 31.8%.
* SUN TV NETWORK: Promoter Kalanithi Maran has set a floor price of 403 rupees per share for the proposed offer for sale of 7.88 mln shares.
* TATA TELESRVICES MAHARASHTRA : Promoter to sell 35 mln shares of company through offer for sale on Thursday.
* TATA COMMUNICATIONS: Jan-Mar consol net loss was 52 mln rupees against 2.61 bln rupee loss. Income from operations was 44 bln rupees, up 11.1% on year. Is planning to raise around 8-10 bln rupees from the sale of at least three non-core assets.
* TATA POWER: Is planning to add another 1,600 MW capacity to its Mundra power station in Gujarat .
* TATA STEEL: Moody's has said the company's results for Jan-Mar were marginally better than expected but kept the company's ratings unchanged.
* THOMAS COOK INDIA : Has refuted reports of selling Mumbai headquarter as part of asset monetisation plan.
* UNITED SPIRITS: Will consider selling its Scottish grain whiskey distillery Invergordon.
* USHA MARTIN: Has planned a shutdown of a mini blast furnace for refractory relining at its steel plant at Jamshedpur in the first week of June.
