* AXIS BANK: Board has passed a resolution approving the allotment of senior notes aggregating to $20 mln under the MTN programme through its Dubai International Financial Centre branch.
* COAL INDIA: Has reached the final round of discussion with NTPC LTD to resolve the dispute on entering fuel purchase agreements, and a solution is expected this month. A drop in demand from key consumers and bureaucratic red tape in despatching excess coal to other consumers will impact the company's sales growth in Apr-Jun quarter.
* ELECTROSTEEL STEELS: Bankers to the company are seeking corporate guarantee from its holding company as a pre-condition for restructuring its 70-bln-rupee loan, a move that has irked promoters.
* HINDUSTAN CONSTRUCTION COMPANY: Is seeking approval for an annual package of 100.8 mln rupees for its chief Ajit Gulabchand for the next three years, but shareholder activists and proxy advisory firms have asked company's shareholders to oppose the board's proposal.
* IDFC: Board has approved application to RBI for banking license. Fitch Ratings has revised the bank's outlook to stable from negative.
* IFCI: The finance ministry is open to appointing an 'outsider', including private sector professionals, to the board and as its chief executive officer, following Atul Kumar Rai's resignation last month.
* INFOSYS: Chairman Murthy is trying to coax back in to the company some officials now working with rival companies. Some officials that may be asked to join are Saji Farooq, who was a senior vice president and consulting head - system integration, and Balaji Yellavalli, who was the head of client services in the US for financial services and insurance. Speculation is rife the reign of S.D. Shibulal as chief executive officer and managing director of the company may draw to a close this year, much before his term ends in 2015.
* JET AIRWAYS: Will shortly submit reworked proposal to the Foreign Investment Promotion Board which will include the changes made in its share purchase
agreement with Etihad Airways reflecting that the effective control is in the Indian entity's hand.
* MCX: Has sought clarity on whether the commodity transaction tax would be applied to processed products such soy oil, sugar, guar gum, and rubber apart
from non-farm commodities like bullion and base metals.
* MAHANAGAR TELEPHONE NIGAM: As part of the revival plan, the government is likely to waive the one-time fee the company and Bharat Sanchar Nigam need to pay for retaining additional spectrum.
* NATIONAL FERTILIZERS: IDBI Capital Market Services, SBI Capital Markets, Kotak Investment Banking and Avendus Capital are in the fray to advise the government on the offer for sale of 7.64% of its stake the company, as per a notice on the Department of Divestment's website.
* ORIENTAL BANK OF COMMERCE: Plans to sell non-performing assets worth over 10 bln rupees by Jun 30, and has begun the process of issuing a tender for the same, said a senior official.
* RELIGARE ENTERPRISES: Promoters of the company have decided to bring down their combined stake in the non-banking financial services company to 49% from 71.75% in adherence with RBI's guidelines for new banking licences.
* STATE BANK OF INDIA : Profit from sale of investments will see a substantial jump after the rupee's plunge prompted the company to accelerate selling its government debt holdings.
* STERLITE INDUSTRIES: Vedanta Aluminium Ltd is mulling importing bauxite to resume operations at its Lanjigarh refinery.
* TATA GLOBAL BEVERAGES: Chairman of TATA GROUP Cyrus Mistry said he was looking forward to seeing women in key leadership positions at the company.
* YES BANK: Shagun Kapur Gogia, daughter of late Ashok Kapur, a co-founder of the bank on Tuesday submitted her nomination for the position of director on the board.
* COAL INDIA: Has reached the final round of discussion with NTPC LTD to resolve the dispute on entering fuel purchase agreements, and a solution is expected this month. A drop in demand from key consumers and bureaucratic red tape in despatching excess coal to other consumers will impact the company's sales growth in Apr-Jun quarter.
* ELECTROSTEEL STEELS: Bankers to the company are seeking corporate guarantee from its holding company as a pre-condition for restructuring its 70-bln-rupee loan, a move that has irked promoters.
* HINDUSTAN CONSTRUCTION COMPANY: Is seeking approval for an annual package of 100.8 mln rupees for its chief Ajit Gulabchand for the next three years, but shareholder activists and proxy advisory firms have asked company's shareholders to oppose the board's proposal.
* IDFC: Board has approved application to RBI for banking license. Fitch Ratings has revised the bank's outlook to stable from negative.
* IFCI: The finance ministry is open to appointing an 'outsider', including private sector professionals, to the board and as its chief executive officer, following Atul Kumar Rai's resignation last month.
* INFOSYS: Chairman Murthy is trying to coax back in to the company some officials now working with rival companies. Some officials that may be asked to join are Saji Farooq, who was a senior vice president and consulting head - system integration, and Balaji Yellavalli, who was the head of client services in the US for financial services and insurance. Speculation is rife the reign of S.D. Shibulal as chief executive officer and managing director of the company may draw to a close this year, much before his term ends in 2015.
* JET AIRWAYS: Will shortly submit reworked proposal to the Foreign Investment Promotion Board which will include the changes made in its share purchase
agreement with Etihad Airways reflecting that the effective control is in the Indian entity's hand.
* MCX: Has sought clarity on whether the commodity transaction tax would be applied to processed products such soy oil, sugar, guar gum, and rubber apart
from non-farm commodities like bullion and base metals.
* MAHANAGAR TELEPHONE NIGAM: As part of the revival plan, the government is likely to waive the one-time fee the company and Bharat Sanchar Nigam need to pay for retaining additional spectrum.
* NATIONAL FERTILIZERS: IDBI Capital Market Services, SBI Capital Markets, Kotak Investment Banking and Avendus Capital are in the fray to advise the government on the offer for sale of 7.64% of its stake the company, as per a notice on the Department of Divestment's website.
* ORIENTAL BANK OF COMMERCE: Plans to sell non-performing assets worth over 10 bln rupees by Jun 30, and has begun the process of issuing a tender for the same, said a senior official.
* RELIGARE ENTERPRISES: Promoters of the company have decided to bring down their combined stake in the non-banking financial services company to 49% from 71.75% in adherence with RBI's guidelines for new banking licences.
* STATE BANK OF INDIA : Profit from sale of investments will see a substantial jump after the rupee's plunge prompted the company to accelerate selling its government debt holdings.
* STERLITE INDUSTRIES: Vedanta Aluminium Ltd is mulling importing bauxite to resume operations at its Lanjigarh refinery.
* TATA GLOBAL BEVERAGES: Chairman of TATA GROUP Cyrus Mistry said he was looking forward to seeing women in key leadership positions at the company.
* YES BANK: Shagun Kapur Gogia, daughter of late Ashok Kapur, a co-founder of the bank on Tuesday submitted her nomination for the position of director on the board.
