* ADHUNIK METALIKS: Company arm Adhunik Power & Natural Resources Ltd, has started commercial operations of the second 270 MW unit at the 540-MW thermal power project at Jharkhand.
* BHARTI AIRTEL: Service tax department has sent a show cause notice to the telecom service provider citing evasion worth 2 bln rupees.
* COAL INDIA: The Company’s output is likely to hit a five-year high in the current financial year. Employees have sought Prime Minister Manmohan Singh's intervention to stall the planned 10% divestment of government's stake in the company. Workers have threatened to go on an indefinite strike if the government goes ahead with its stake sale plan.
* EICHER MOTORS: Plans to export vehicles to South East Asia and Latin America .
* HCL INFOSYSTEMS: Promoter HCL Corp has increased its stake in the company to 47.35% from 47.19% by acquiring 371,058 shares for 13.1 mln rupees.
* HEIDELBERGCEMENT INDIA: Board has approved the sale of its cement grinding facility in Raigad, Maharashtra , to JSW Group, on a slump sale basis.
* HINDUSTAN ZINC: Atlas Copco received order worth 69 mln kronor (570 mln rupees) from the company for mining equipment.
* ING VYSYA BANK: Dutch financial group ING is considering selling its stake in the bank. ICICI BANK, HDFC BANK, YES BANK, and KOTAK MAHINDRA BANK, have reportedly been approached for the same.
* ITC: Has overtaken HINDUSTAN UNILEVER to become India 's leading branded food and beverages company.
* KLG SYSTEL: Has closed all its operations due to failure of debt recast plan.
* JSW ENERGY: Promoter has set the floor price at 61.50 rupees for the offer for sale of 28.2 mln shares of the company.
* LARSEN & TOUBRO: A consortium of the company and Japan 's Sojitz Corp is set to win a 67-bln-rupee rail contract.
* OIL AND NATURAL GAS CORP: Arm ONGC Videsh has reported a 44.4% on year rise in net profit for 2012-13 (Apr-Mar) to 39.3 bln rupees and net sales of 180.3 bln rupees, down 20.4%.
* OMAXE: Promoters Constellation Capital and S.A. Finvest's offer for sale has got bids for 3.4 mln shares as against an issue size of 5 mln shares.
* ORACLE FINANCIAL SERVICES: Promoter has set the floor price for the 4.43-mln- share offer for sale at 2,275 rupees a share.
* PC JEWELLER: Has decided to shut down its manufacturing unit located in Dehradun (Uttarakhand), measuring 2,300 sq ft, due to operational reasons.
* POKARNA: Has redeemed foreign currency convertible bonds worth $2.077 mln.
* PURAVANKARA PROJECTS: The company's institutional placement programme will take place on Thursday with shares having a price band of 80-85 rupees each.
* RANBAXY LABORATORIES: Indian health ministry will initiate a probe on company after it receives the report from The Drugs Controller General of India which has been asked to examine the documents, dossiers and approvals given to the company. Japanese parent Daiichi Sankyo has no plans to change the name or delist the Indian subsidiary from stock exchanges.
* RELIANCE INFRASTRUCTURE: Has launched a scheme for consumers to deposit money with the company, on which it will pay 7% interest and also adjust future electricity bill payments.
* RURAL ELECTRIFICATION CORP: Has invited bids from merchant bankers for subordinated bonds maturing in 10 years. The company plans to raise 5 bln rupees through the bond issue.
* SHREE RENUKA SUGARS: Is looking to raise $250 mln-$350 mln through bond issue by its Brazilian arm.
* SPICEJET: Has restored productivity-linked bonus with effect from May 1.
* STEEL AUTHORITY OF INDIA : Steel Minister is "not satisfied" with the state- owned company's performance for the financial year ended March.
* TAK MACHINERY & LEASING: Board has approved the allotment of up to 870,000 shares on preferential basis to the promoters and non-promoters at 210 rupees per share.
* TECH MAHINDRA: Has posted Jan-Mar consolidated net profit of 3.77 bln rupees, up 36.8% quarter-on-quarter and net sales of 19.07 bln rupees, up 6.5%.
* ZEE LEARN: Has said its $20 mln global depository receipts have been fully subscribed.
