* ADANI PORTS AND SPECIAL ECONOMIC ZONE: Jan-Mar net profit tripled on year to 7.1 bln rupees on account of gain on sale of stake in Abbot Point terminal. Net sales increased 42% to 9.65 bln rupees.
* BOSCH: Has started a new electrical drives unit in Chennai aiming to expand the company's product portfolio for the Indian market.
* CENTRUM CAPITAL: Has approved 10-for-1 stock split and a 5-for-1 bonus issue of shares.
* CIPLA: Shareholders of Cipla Medpro South Africa have approved Cipla's proposal to acquire 100% stake in the former at 10 rand per share.
* CREDIT ANALYSIS AND RESEARCH: Managing Director and Chief Executive Officer D.R. Dogra said the rating agency is considering inorganic opportunities to grow its research and ratings business.
* GLOBAL OFFSHORE: A vessel of the company's subsidiary gets 490-mln-rupee contract.
* GUJARAT NRE COKE: Has sought shareholder approval to raise up to $100 mln or 5.5 bln rupees through issue of shares, convertible debentures, warrants or foreign currency convertible bonds.
* GVK POWER & INFRASTRUCTURE: Higher losses in power business due to gas shortage and higher expenditure widened the company's consolidated losses in Jan-Mar to 1.7 bln rupees.
* HT MEDIA: Is scouting for acquisitions in order to achieve market leadership position and is looking at a peak investment of 7 bln rupees.
* HCL TECHNOLOGIES: Has entered into a multi-year strategic partnership with Husqvarna Group to provide business transformation services to the latter.
* INFOSYS: Has deployed its Finacle core banking, treasury and customer relationship management solutions for Turkland Bank.
* INFO-DRIVE SOFTWARE SOLUTIONS: Has received a contract from the Tamil Nadu government to provide web-based solutions for management and automation of operations of 110 credit societies in Chennai.
* IRB INFRASTRUCTURE DEVELOPERS: Has approved raising up to 5 bln rupees in one or more tranches.
* JAMMU & KASHMIR BANK: Reported a net profit of 2.5 bln rupees in Jan-Mar, against 2.1 bln rupees in the same period last year.
* KARNATAKA BANK: Plans to raise 5 bln rupees through a qualified institutional placement.
* LINDE INDIA: The BOC Group has now informed the exchange that the floor price for share sale will be 230 rupees per share.
* MARUTI SUZUKI INDIA : The company's board has cleared a proposal to start manufacturing light commercial vehicles. The company plans to double its domestic volumes to 2 mln units per year by 2016.
* NTPC: Has decided to merge affiliate NTPC Hydro Ltd with itself as part of a restructuring exercise.
* OIL AND NATURAL GAS: ONGC Videsh has said it is open to investing in power, petrochemical and fertiliser plants in Bangladesh .
* ORIENTAL BANK OF COMMERCE: Has announced interest rate cuts on some term deposits below 10 mln rupees by 25-100 basis points with effect from today.
* PACHELI ENTERPRISES: To issue shares up to 72 mln rupees on preferential basis.
* POLARIS FINANCIAL TECHNOLOGY: Will provide its Intellect Core Banking Solution to Bangladesh 's Sonali Bank. WIPRO, HCL TECHNOLOGIES and L&T Infotech have bid for the company's IT services unit FTSourcing, valued at $300 mln-$350 mln.
* RAJESH EXPORTS: Is set to expand its gold processing special export-processing zone in Kochi with an investment of 4 bln rupees.
* RELIANCE INDUSTRIES: The board members of the company and British Petroleum will visit Kakinada near the D6 oil and gas block this week to conduct final tests at a gas column recently discovered in the basin.
* SHOPPERS STOP: The company's board has approved the sale of its cosmetics operations to arm Gateway Multichannel Retail.
* STEEL AUTHORITY OF INDIA : The Cabinet may today take up a proposal to allow the company and Rashtriya Ispat Nigam to directly charter ships to import coal and other raw material.
* TANFAC INDUSTRIES: Even as the Aditya Birla Group is looking to sell its stake in the fluorine chemicals maker, the company is mulling options including getting a foreign joint venture partner to revive operations.
* TATA COMMUNICATIONS: Plans to delist its American Depositary Receipts from the New York Stock Exchange due to lack of volumes.
* TATA TELESERVICES ( MAHARASHTRA ): Promoter Tata Sons plans to sell 51.62 mln shares of the company through an offer for sale on Friday.
* YES BANK: Moody's Investors Service has affirmed Baa3 rating on the bank's foreign and local currency bank deposit and Ba1 on baseline credit assessment of the bank.
