* ADANI PORTS AND SPECIAL ECONOMIC ZONE: Gets security clearance from the Union home ministry to bid for port projects in the country, nearly three years after it was first denied permission to do so.
* ALSTOM INDIA: Has posted a marginal rise in net profit for Jan-Mar at 1.31 bln rupees. Has got order worth around 100 mln euros from BHARAT HEAVY ELECTRICALS for supply of components and services.
* ANDREW YULE: Cabinet Committee on Economic Affairs approves financial restructuring plan for company; allows 415-mln-rupee loan conversion into
equity.
* CHAMBAL FERTILISERS & CHEMICALS: Plans to raise urea capacity by over two times to 4.33 mln tn per annum by setting up two urea manufacturing plants of 1.3 mln tn capacity each in the next few years.
* CROMPTON GREAVES: Has entered into pact with Indonesian government-run PLNE to manufacture high voltage and extra high voltage switchgear in Indonesia
* DCM SHRIRAM CONSOLIDATED: Has posted Jan-Mar net profit of 823.3 mln rupees and net sales 14.2 bln rupees.
* DECCAN CHRONICLE HOLDINGS: Private lenders--ICICI BANK, AXIS BANK, IDFC, and Religare Finvest--plan to form a consortium to collectively initiate legal action against the company over defaults and delays in repayments.
* DLF: Raises 7.50 bln rupees through bonds issue.
* EMKAY GLOBAL FINANCIAL SERVICES: Plans to appeal before the Securities and Appellate Tribunal against an NSE panel order that rejected cancellation of erroneous trades by the brokerage's dealer; requests NSE not to release 510-mln-rupee payout for 15 days.
* FUTURA POLYESTERS: Signs memorandum of understanding to sell land, machines at Chennai unit.
* GLAXOSMITHKLINE CONSUMER HEALTHCARE: Plans to step up its capex to 2.5 bln rupees this year.
* GUJARAT PIPAVAV: Has posted Jan-Mar net profit of 353.7 mln rupees, and net sales of 1.14 bln rupees.
* HINDUSTAN MOTORS: Total vehicle sales increased two-fold from a year ago to 534 units in April.
* INFOSYS: Rajiv Raghunanadan, head of sales, and Ravi Panchanadan, head of manufacturing vertical at the company's business process outsourcing arm have
resigned.
* KINGFISHER AIRLINES: Lenders increase pressure on airline's promoters by initiating a move to invoke the corporate guarantee provided by UNITED BREWERIES and personal guarantee of Vijay Mallya; also raise spectre of labelling the promoters as "wilful defaulters" if they refuse to pay.
* LARSEN & TOUBRO: Working on raising return on equity by 2017; will do so by reining in debt, boosting revenue and cutting stakes in some units.
* MICRO TECHNOLOGIES: Has bagged a contract to supply, install and commission security surveillance system at a college under the Delhi University
* RELIANCE COMMUNICATONS: Close to finalising a tower sharing deal with RELIANCE INDUSTRIES
* RELIANCE INDUSTRIES: The Securities and Exchange Board of India imposes a 110-mln-rupee fine on group company Reliance Petroinvestments for violation of insider trading norms.
* RUPA & CO: Eyes revenue growth of 15-20% in 2013-14 (Apr-Mar).
* TATA COMMUNICATIONS: Has inked a pact with iStreamPlanet Co for video contribution and distribution.
* TATA MOTORS: Neeraj Garg, vice president of the commercial, passenger car business unit of the company, resigns.Wins Jaguar trademark battle against Swiss watchmaker. Managing Director Karl Slym has poached five senior executives from his previous organization General Motors. Chandigarh State Consumer Disputes Redressal Commission orders six-month jail term and penalty of 10,000 rupees on Managing Director Karl Slym.
* TUBE INVESTMENTS: Has posted a Jan-Mar consolidated net profit of 599 mln rupees, and net sales of 20.1 bln rupees.
* TVS MOTOR CO: Plans capital expenditure of 1.75 bln rupees for 2013-14 (Apr-Mar).
