* BAJAJ AUTO: Pune labour court will today hear a petition by Bajaj Auto to declare the strike by its 900 workers at its Chakan plant illegal.
* BAYER CROPSCIENCE: Has fixed buyback price at 1,580 rupees a share for purchase of up to 2.88 mln shares.
* BEST EASTERN HOTELS: Promoters plan to sell 1.23 mln shares, or 14.6%, on Wednesday via offer for sale to meet public holding norm.
* BIOCON: Will replace THE INDIAN HOTELS CO in the Nifty Midcap 50 index from Aug 30.
* BOMBAY RAYON FASHIONS: Lenders may admit the company's 40-bln-rupee debt restructuring plan to the Corporate Debt Restructuring cell this week.
* BRITANNIA INDUSTRIES: Expects bakery sales to be flat in 2013-14 (Apr-Mar).
* CENTURY PLYBOARDS (INDIA): Following the de-merger of its ferro alloys and cement business to Star Ferro and Cement, Century Plyboards ( India ) will give its shareholders one fully paid up equity share of Star Ferro for every share held in the company.
* COAL INDIA: Trade unions might soften stand on proposed divestment of government stake in the company, and may propose allowing stake buy by other state-owned companies or a share buyback by the firm.
* FRESENIUS KABI ONCOLOGY: SEBI has relaxed its restrictions on promoters of the company to enable them to delist the company's shares from the bourses.
* GILLETTE INDIA: Co-promoter Saroj Poddar has written to SEBI expressing his willingness to resolve a dispute over cutting promoters' stake to meet the minimum public shareholding norm.
* GMR INFRASTRUCTURE: Arm GMR Hyderabad International Airport has signed a pact with Turbo Jet Engines (Hyd) Pvt Ltd to set up a repair unit at the Hyderabad airport's free trade zone.
* GREAT EASTERN SHIPPING CO LTD: Has entered into a contract to buy a very large gas carrier, built in 1994, with a carrying capacity of 49,300 dwt.
* GUJARAT GAS: The Company is under Competition Commission of India's lens for anti-competitive practices.
* HINDUSTAN OIL EXPLORATION CO: Posted a net loss of 183.38 mln rupees in Apr-Jun as against a 16.77-mln-rupee profit a year ago. Net sales fell 42% on year to 155 mln rupees.
* ICICI BANK: To shut two of its branches in UK .
* IDFC: Is likely to cut stake in the National Stock Exchange to 4.1% from 5.82%, going by its annual report released early July.
* ING VYSYA BANK: Has posted a net profit of 1.75 bln rupees, up 34.61% on year, during Apr-Jun. Net interest income was up 24% on year to 4.25 bln rupees.
* JET AIRWAYS INDIA : The Department of Industrial Policy has said investment of Jet Airways' non-resident Indian owner Naresh Goyal will not be treated as FDI in the Etihad deal so that deal does not breach 49% FDI cap for the sector. The civil aviation ministry has not found irregularities in the sale of slots by the company at London 's Heathrow airport to Etihad Airways.
* LARSEN & TOUBRO: Has received SEBI's approval for selling 1% stake in L&T FINANCE HOLDINGS on the stock exchanges.
* OIL AND NATURAL GAS CORP: The Company has mandated ICICI Securities and Deloitte to identify potential buyers for their 26% stake in the soon-to-be-commissioned aromatics unit in Mangalore to unlock value and find valuation to aid price discovery process of its IPO.
* RELIANCE COMMUNICATIONS: The Company is in pact with Tata Teleservices for 2G intra-circle roaming services for 10,000 towers.
* SHRIRAM EPC: Is in discussion with a couple of potential investors including CRH, for offloading its cement business.
* SUZLON ENERGY: Will allot convertible debentures to promoters on preferential basis against a 1.45-bln-rupee unsecured loan.
* TATA MOTORS: Arm Jaguar Land Rover is considering setting up manufacturing plants in India , Brazil , and Saudi Arabia .
* UNITED SPIRITS: UK competition regulator said that it will investigate whether Diageo's purchase of stake in the company would have a detrimental impact on the spirits market.
* BAYER CROPSCIENCE: Has fixed buyback price at 1,580 rupees a share for purchase of up to 2.88 mln shares.
* BEST EASTERN HOTELS: Promoters plan to sell 1.23 mln shares, or 14.6%, on Wednesday via offer for sale to meet public holding norm.
* BIOCON: Will replace THE INDIAN HOTELS CO in the Nifty Midcap 50 index from Aug 30.
* BOMBAY RAYON FASHIONS: Lenders may admit the company's 40-bln-rupee debt restructuring plan to the Corporate Debt Restructuring cell this week.
* BRITANNIA INDUSTRIES: Expects bakery sales to be flat in 2013-14 (Apr-Mar).
* CENTURY PLYBOARDS (INDIA): Following the de-merger of its ferro alloys and cement business to Star Ferro and Cement, Century Plyboards ( India ) will give its shareholders one fully paid up equity share of Star Ferro for every share held in the company.
* COAL INDIA: Trade unions might soften stand on proposed divestment of government stake in the company, and may propose allowing stake buy by other state-owned companies or a share buyback by the firm.
* FRESENIUS KABI ONCOLOGY: SEBI has relaxed its restrictions on promoters of the company to enable them to delist the company's shares from the bourses.
* GILLETTE INDIA: Co-promoter Saroj Poddar has written to SEBI expressing his willingness to resolve a dispute over cutting promoters' stake to meet the minimum public shareholding norm.
* GMR INFRASTRUCTURE: Arm GMR Hyderabad International Airport has signed a pact with Turbo Jet Engines (Hyd) Pvt Ltd to set up a repair unit at the Hyderabad airport's free trade zone.
* GREAT EASTERN SHIPPING CO LTD: Has entered into a contract to buy a very large gas carrier, built in 1994, with a carrying capacity of 49,300 dwt.
* GUJARAT GAS: The Company is under Competition Commission of India's lens for anti-competitive practices.
* HINDUSTAN OIL EXPLORATION CO: Posted a net loss of 183.38 mln rupees in Apr-Jun as against a 16.77-mln-rupee profit a year ago. Net sales fell 42% on year to 155 mln rupees.
* ICICI BANK: To shut two of its branches in UK .
* IDFC: Is likely to cut stake in the National Stock Exchange to 4.1% from 5.82%, going by its annual report released early July.
* ING VYSYA BANK: Has posted a net profit of 1.75 bln rupees, up 34.61% on year, during Apr-Jun. Net interest income was up 24% on year to 4.25 bln rupees.
* JET AIRWAYS INDIA : The Department of Industrial Policy has said investment of Jet Airways' non-resident Indian owner Naresh Goyal will not be treated as FDI in the Etihad deal so that deal does not breach 49% FDI cap for the sector. The civil aviation ministry has not found irregularities in the sale of slots by the company at London 's Heathrow airport to Etihad Airways.
* LARSEN & TOUBRO: Has received SEBI's approval for selling 1% stake in L&T FINANCE HOLDINGS on the stock exchanges.
* OIL AND NATURAL GAS CORP: The Company has mandated ICICI Securities and Deloitte to identify potential buyers for their 26% stake in the soon-to-be-commissioned aromatics unit in Mangalore to unlock value and find valuation to aid price discovery process of its IPO.
* RELIANCE COMMUNICATIONS: The Company is in pact with Tata Teleservices for 2G intra-circle roaming services for 10,000 towers.
* SHRIRAM EPC: Is in discussion with a couple of potential investors including CRH, for offloading its cement business.
* SUZLON ENERGY: Will allot convertible debentures to promoters on preferential basis against a 1.45-bln-rupee unsecured loan.
* TATA MOTORS: Arm Jaguar Land Rover is considering setting up manufacturing plants in India , Brazil , and Saudi Arabia .
* UNITED SPIRITS: UK competition regulator said that it will investigate whether Diageo's purchase of stake in the company would have a detrimental impact on the spirits market.
