* ADVANTA INDIA: Apr-Jun consolidated net profit more than doubled to 317.1 mln rupees, from 142.7 mln rupees a year ago.
* ANDHRA BANK: To cut base rate by 25 basis points to 10% effective from Jul 22.
* ASHOK LEYLAND: Hinduja Automotive has pledged 237 mln shares in the company, representing 17.47% stake.
* ATUL AUTO: Sold 2,802 units in June, compared with 2,502 units a year ago.
* BAJAJ AUTO: The ongoing dispute between the management and its labour union Vishwa Kalyan Kamgar Sanghatana will be heard at the Pune Industrial and Labour Court today.
* CIPLA: Appoints Subhanu Saxena as managing director and global chief executive officer.
* CMC: Reported consolidated net profit of 531.25 mln rupees in Apr-Jun, down 13% from 613.38 mln rupees in the previous quarter.
* CTIL: Plans to raise up to $300 mln through global depositary receipts or foreign currency convertible bonds.
* EXIDE INDUSTRIES: Posted a 4.44% year-on-year rise in net profit at 1.58 bln rupees for Apr-Jun.
* FEDERAL BANK: Lulu Group founder Yusuff Ali MA has raised stake in the bank to 5%.
* HINDUSTAN PETROLEUM CORP: The company is teaming up with Shapoorji Pallonji to set up a 50-bln-rupee liquefied natural gas import terminal on Gujarat 's coast.
* JET AIRWAYS: FIPB has raised concerns that some clauses of Jet-Etihad deal may not be in conformity with the foreign direct investment policy. Revenue department will look into the Jet Airways-Etihad Airways deal to ensure that it has not been structured to evade tax. Jet Airways will start flight from Bengaluru to Vijayawada and Trichy, and add two daily flights from Bengaluru to Mangalore from Jul 25. The company's deal with Etihad Airways is likely to miss its transaction closure deadline in the absence of various regulatory approvals.
* JK LAKSHMI CEMENT: Despatched 344,000 tn cement in June, down 12.2% from 392,000 tn in May.
* JSW STEEL: Is in talks to buy significant stake in Karnataka-based Sandur Manganese and Iron Ores to improve ore supply for its Vijaynagar unit.
* MAHINDRA & MAHINDRA: The company has laid off 500 temporary workers at its Chakan plant and put a freeze on hiring for now.
* MANGALORE CHEMICALS & FERTILIZERS: Adventz group chairman Saroj Poddar's plan to acquire a sizeable chunk of shares in the company and KALINDEE RAIL NIRMAN ENGINEERS may hit legal hurdles.
* MPHASIS: Hewlett Packard has stalled the plan to sell its 60% stake in the company.
* NEYVELI LIGNITE: SEBI has given nod to the Tamil Nadu government to buy government's 3.56% stake in the company.
* PVR: Has given a 10-bln-rupee contract to BookMyShow to sell its movie tickets across its web and mobile applications for the next five years.
* RELIANCE INDUSTRIAL INFRASTRUCTURE: Apr-Jun net income at 54.5 mln rupees, against 53.2 mln rupees a year ago.
* RELIANCE INDUSTRIES: Arm Reliance Gas Pipeline has won license to lay a 213-km pipeline to transport coal gas produced at the company's Sohagpur block in Madhya Pradesh. The company has decided to keep away from the business of city gas distribution. The company has indicated it would be willing to invest as much as $16 bln over the next five years to boost production of gas at its fields.
* SASKEN COMMUNICATION TECHNOLOGIES: Has entered Microsoft Corp's 'Windows Embedded Partner Programme'.
* SUN TV: The Company is close to acquiring Associated Broadcasting Company under the brand TV9.
* TATA MOTORS: June global wholesales fell 10.2% on year to 84,458 units.
* UNITED SPIRITS: Promoters United Breweries (Holdings) and Kingfisher Finvest India revoked pledge on 15.9 mln shares of the company earlier this month.
* ANDHRA BANK: To cut base rate by 25 basis points to 10% effective from Jul 22.
* ASHOK LEYLAND: Hinduja Automotive has pledged 237 mln shares in the company, representing 17.47% stake.
* ATUL AUTO: Sold 2,802 units in June, compared with 2,502 units a year ago.
* BAJAJ AUTO: The ongoing dispute between the management and its labour union Vishwa Kalyan Kamgar Sanghatana will be heard at the Pune Industrial and Labour Court today.
* CIPLA: Appoints Subhanu Saxena as managing director and global chief executive officer.
* CMC: Reported consolidated net profit of 531.25 mln rupees in Apr-Jun, down 13% from 613.38 mln rupees in the previous quarter.
* CTIL: Plans to raise up to $300 mln through global depositary receipts or foreign currency convertible bonds.
* EXIDE INDUSTRIES: Posted a 4.44% year-on-year rise in net profit at 1.58 bln rupees for Apr-Jun.
* FEDERAL BANK: Lulu Group founder Yusuff Ali MA has raised stake in the bank to 5%.
* HINDUSTAN PETROLEUM CORP: The company is teaming up with Shapoorji Pallonji to set up a 50-bln-rupee liquefied natural gas import terminal on Gujarat 's coast.
* JET AIRWAYS: FIPB has raised concerns that some clauses of Jet-Etihad deal may not be in conformity with the foreign direct investment policy. Revenue department will look into the Jet Airways-Etihad Airways deal to ensure that it has not been structured to evade tax. Jet Airways will start flight from Bengaluru to Vijayawada and Trichy, and add two daily flights from Bengaluru to Mangalore from Jul 25. The company's deal with Etihad Airways is likely to miss its transaction closure deadline in the absence of various regulatory approvals.
* JK LAKSHMI CEMENT: Despatched 344,000 tn cement in June, down 12.2% from 392,000 tn in May.
* JSW STEEL: Is in talks to buy significant stake in Karnataka-based Sandur Manganese and Iron Ores to improve ore supply for its Vijaynagar unit.
* MAHINDRA & MAHINDRA: The company has laid off 500 temporary workers at its Chakan plant and put a freeze on hiring for now.
* MANGALORE CHEMICALS & FERTILIZERS: Adventz group chairman Saroj Poddar's plan to acquire a sizeable chunk of shares in the company and KALINDEE RAIL NIRMAN ENGINEERS may hit legal hurdles.
* MPHASIS: Hewlett Packard has stalled the plan to sell its 60% stake in the company.
* NEYVELI LIGNITE: SEBI has given nod to the Tamil Nadu government to buy government's 3.56% stake in the company.
* PVR: Has given a 10-bln-rupee contract to BookMyShow to sell its movie tickets across its web and mobile applications for the next five years.
* RELIANCE INDUSTRIAL INFRASTRUCTURE: Apr-Jun net income at 54.5 mln rupees, against 53.2 mln rupees a year ago.
* RELIANCE INDUSTRIES: Arm Reliance Gas Pipeline has won license to lay a 213-km pipeline to transport coal gas produced at the company's Sohagpur block in Madhya Pradesh. The company has decided to keep away from the business of city gas distribution. The company has indicated it would be willing to invest as much as $16 bln over the next five years to boost production of gas at its fields.
* SASKEN COMMUNICATION TECHNOLOGIES: Has entered Microsoft Corp's 'Windows Embedded Partner Programme'.
* SUN TV: The Company is close to acquiring Associated Broadcasting Company under the brand TV9.
* TATA MOTORS: June global wholesales fell 10.2% on year to 84,458 units.
* UNITED SPIRITS: Promoters United Breweries (Holdings) and Kingfisher Finvest India revoked pledge on 15.9 mln shares of the company earlier this month.
