* ABB: Jan-Mar net profit fell 10.7% on year to 425.6 mln rupees and net sales rose 10.2% on year to 19.5 bln rupees.
* ALOK INDUSTRIES: Plans to increase focus on polyester in 2013-14, and is targeting 41% of the company's revenue from manmade fibre, versus 38% in 2012-13.
* ASIAN GRANITO INDIA: Has clarified that the terms of settlement in the trademark case are in favour of ASIAN PAINTS.
* DEN NETWORKS: Has raised 2.71 bln rupees through qualified institutional placement at 217.5 rupees a share.
* GMR INFRASTRUCTURE: Is in talks with investors to divest stake in four toll road assets and raise about 18 bln rupees to cut debt.
* GTL: Has reported Jan-Mar net loss of 1.46 bln rupees against a loss of 2.43 bln rupees a year ago and net sales of 6.54 bln rupees, up 16.3% on year.
* IDFC: Is planning to raise 3.50 bln rupees through issuance of 5-year bonds, carrying a coupon of 8.35%.
* INDRAPRASTHA GAS: The SC has adjourned till Thursday 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.
* JAI CORP: Has reported Jan-Mar net profit of 183 mln rupees, up 80.3% on year and net sales of 1.62 bln rupees down 10.8% on year.
* JSW STEEL: Has received approval from Bombay High Court for merger of the company with JSW ISPAT STEEL, JSW Building Systems and JSW Steel Coated Products.
* MAHINDRA & MAHINDRA: Two-wheeler division of the company has launched a base variant of its Pantero motorcycle at 39,650 rupees, ex-showroom Delhi .
* RELIANCE INDUSTRIES: Has asked Delhi High court to stop Bharti Retail from claiming that products are cheaper at the latter's Easy day stores as against Reliance Fresh outlets.
* SHIPPING CORP OF INDIA : Has indicated it will not buy any more vessels due to a strain on its balance sheet.
* SHREE RAM URBAN INFRASTRUCTURE: Board has approved issue of non-convertible debentures up to 20.00 bln rupees.
* SKS MICROFINANCE: Has posted a net profit 27 mln rupees for Jan-Mar as against a loss of 3.3 bln rupees a year ago. The company's income from operations was 830.48 mln rupees, up 57.3% on year.
* SUASHISH DIAMONDS: Promoter is planning to delist the company and has offered 230 rupees a share.
* SUNDARAM FINANCE: Is planning to raise 500 mln rupees through a 3-year bonds, carrying a coupon 9.00%.
* VICEROY HOTELS: Is planning to sell its properties in Chennai to Ceebros Hotels for 4.8 bln rupees.
* WESTLIFE DEVELOPMENT: Board has approved 5-for-1 stock split.
