* CREST ANIMATION STUDIOS: Has "temporarily" laid off 150 employees having halted operations completely for 2-3 months after being hit by volatile global market conditions.
* DECCAN CHRONICLE HOLDINGS: The Central Bureau of Investigation and the Enforcement Directorate have sealed the premises of the company in Secunderabad, on account of a case registered against chairman T. Venkatarami Reddy on cheating and criminal conspiracy.
* EICHER MOTORS: VE Commercial Vehicles, a joint venture of the company and Volvo Group, has started production at its engine manufacturing facility at Pithampur, Madhya Pradesh, with an initial investment of 3.75 bln rupees.
* FRESENIUS KABI ONCOLOGY: Has approached Securities Appellate Tribunal against Securities and Exchange Board of India, which recently gave only a
conditional nod to the company to delist from Indian stock market, citing that the conditions are beyond the scope of delisting regulations.
* GATI: Apr-Jun net profit declined 83% YoY to 67 mln rupees. Revenues increased 12% YoY to 3.2 bln rupees.
* GOLDEN TOBACCO: SEBI has fined the company 10 mln rupees for violating the disclosure norms related to pledge on the promoter-owned shares of the company as well as norms related to prevention of fraudulent trading.
* HANUNG TOYS & TEXTILES: Has initiated discussions with its lenders to restructure its debts through corporate debt restructuring mechanism and has filed a flash report with CDR Cell, Mumbai.
* HINDUSTAN PETROLEUM CORP: Plans to spend more than 20 bln rupees to add around 900 km of pipeline network over the next three years.
* ICVL CHEMICALS: Board has approved ten-for-one stock split.
* INDIAN OIL CO: Has said it will increase petrol price by 70 paise per ltr, and retail diesel price by 50 paise per litre, from midnight.
* INDO AMINES: Plans to spend 10 mln rupees to repair Dhule plant.
* INTELLIVATE CAPITAL: Board has approved 10-for-1 stock split.
* IRB INFRASTRUCTURE DEVELOPERS: Has decided not to bid for the prestigious 100-bln-rupee Mumbai Trans-Harbour Link as it has lost faith in the state government following the "bitter experience" over toll collections at its Kolhapur road project.
* JM FINANCIAL: Apr-Jun net profit increased 57% YoY to 55.35 mln rupees while total income increased 14% YoY to 2.78 bln rupees.
* KESORAM INDUSTRIES: Promoters have raised their stake in the company to 49.28% from 27.22% by infusing 2 bln rupees in the recently concluded rights issue.
* LARSEN & TOUBRO: Has no immediate plans to sell up to 1% stake in L&T FINANCE HOLDINGS LTD via share sale.
* NATIONAL FERTLIZERS: The government is expected to have raised around 1.01 bln rupees by divesting 7.64% stake in the company via the offer for sale (yesterday) Wednesday.
* NEYVELI LIGNITE CORP: The Empowered Group of Ministers has fixed the price band for 3.56% stake sale in the company at 58-60 rupees per share.
* OIL & NATURAL GAS CORP: Is likely to start oil and gas production from its first deep-sea field in Krishna-Godavari basin off Andhra coast by September. The setback to Russian telecom giant Sistema in India may impact company's operations in Russia , said former chief of the company, R.S. Sharma.
* ONMOBILE GLOBAL: Reported 30.2% sequential rise in Apr-Jun consolidated net profit to 140.6 mln rupees. Consolidated revenues grew 3% to 1.89 bln rupees.
* PIPAVAV DEFENCE AND OFFSHORE ENGINEERING CO: Plans to raise $150 mln through listing on the London Stock Exchange by October.
* RELIANCE INDUSTRIES: Plans to borrow $1.75 bln by mid-August to refinance debt and fund capital expenditure.
* RELIGARE ENTERPRISES: Reported net loss of 902.75 mln rupees in Apr-Jun compared with net profit of 242.4 mln rupees year ago. Net sales declined 8% YoY to 7.1 bln rupees.
* SPICEJET: In 'advanced' talks with Emirates for stake sale.
* SUBEX: Has launched the upgraded 9.9 version of its settlement solutions software that will help telecom providers manage relationships with their partners and negotiate multi-party contracts thereby improving profitability.
* TANFAC INDUSTRIES: Board has approved 149.6-mln-rupee rights issue.
* ZEE ENTERTAINMENT: Has secured the satellite rights of soon-to-be-released Shah Rukh Khan-starrer 'Chennai Express' for a new movie channel it is launching next month under the bouquet '&'.
* DECCAN CHRONICLE HOLDINGS: The Central Bureau of Investigation and the Enforcement Directorate have sealed the premises of the company in Secunderabad, on account of a case registered against chairman T. Venkatarami Reddy on cheating and criminal conspiracy.
* EICHER MOTORS: VE Commercial Vehicles, a joint venture of the company and Volvo Group, has started production at its engine manufacturing facility at Pithampur, Madhya Pradesh, with an initial investment of 3.75 bln rupees.
* FRESENIUS KABI ONCOLOGY: Has approached Securities Appellate Tribunal against Securities and Exchange Board of India, which recently gave only a
conditional nod to the company to delist from Indian stock market, citing that the conditions are beyond the scope of delisting regulations.
* GATI: Apr-Jun net profit declined 83% YoY to 67 mln rupees. Revenues increased 12% YoY to 3.2 bln rupees.
* GOLDEN TOBACCO: SEBI has fined the company 10 mln rupees for violating the disclosure norms related to pledge on the promoter-owned shares of the company as well as norms related to prevention of fraudulent trading.
* HANUNG TOYS & TEXTILES: Has initiated discussions with its lenders to restructure its debts through corporate debt restructuring mechanism and has filed a flash report with CDR Cell, Mumbai.
* HINDUSTAN PETROLEUM CORP: Plans to spend more than 20 bln rupees to add around 900 km of pipeline network over the next three years.
* ICVL CHEMICALS: Board has approved ten-for-one stock split.
* INDIAN OIL CO: Has said it will increase petrol price by 70 paise per ltr, and retail diesel price by 50 paise per litre, from midnight.
* INDO AMINES: Plans to spend 10 mln rupees to repair Dhule plant.
* INTELLIVATE CAPITAL: Board has approved 10-for-1 stock split.
* IRB INFRASTRUCTURE DEVELOPERS: Has decided not to bid for the prestigious 100-bln-rupee Mumbai Trans-Harbour Link as it has lost faith in the state government following the "bitter experience" over toll collections at its Kolhapur road project.
* JM FINANCIAL: Apr-Jun net profit increased 57% YoY to 55.35 mln rupees while total income increased 14% YoY to 2.78 bln rupees.
* KESORAM INDUSTRIES: Promoters have raised their stake in the company to 49.28% from 27.22% by infusing 2 bln rupees in the recently concluded rights issue.
* LARSEN & TOUBRO: Has no immediate plans to sell up to 1% stake in L&T FINANCE HOLDINGS LTD via share sale.
* NATIONAL FERTLIZERS: The government is expected to have raised around 1.01 bln rupees by divesting 7.64% stake in the company via the offer for sale (yesterday) Wednesday.
* NEYVELI LIGNITE CORP: The Empowered Group of Ministers has fixed the price band for 3.56% stake sale in the company at 58-60 rupees per share.
* OIL & NATURAL GAS CORP: Is likely to start oil and gas production from its first deep-sea field in Krishna-Godavari basin off Andhra coast by September. The setback to Russian telecom giant Sistema in India may impact company's operations in Russia , said former chief of the company, R.S. Sharma.
* ONMOBILE GLOBAL: Reported 30.2% sequential rise in Apr-Jun consolidated net profit to 140.6 mln rupees. Consolidated revenues grew 3% to 1.89 bln rupees.
* PIPAVAV DEFENCE AND OFFSHORE ENGINEERING CO: Plans to raise $150 mln through listing on the London Stock Exchange by October.
* RELIANCE INDUSTRIES: Plans to borrow $1.75 bln by mid-August to refinance debt and fund capital expenditure.
* RELIGARE ENTERPRISES: Reported net loss of 902.75 mln rupees in Apr-Jun compared with net profit of 242.4 mln rupees year ago. Net sales declined 8% YoY to 7.1 bln rupees.
* SPICEJET: In 'advanced' talks with Emirates for stake sale.
* SUBEX: Has launched the upgraded 9.9 version of its settlement solutions software that will help telecom providers manage relationships with their partners and negotiate multi-party contracts thereby improving profitability.
* TANFAC INDUSTRIES: Board has approved 149.6-mln-rupee rights issue.
* ZEE ENTERTAINMENT: Has secured the satellite rights of soon-to-be-released Shah Rukh Khan-starrer 'Chennai Express' for a new movie channel it is launching next month under the bouquet '&'.
