* ADANI POWER: The Maharashtra Electricity Regulatory Commission has allowed 57 paise extra per unit for power to be supplied over and above 520MW from the company's Tiroda units II and III.
* APOLLO TYRES: Has entered into a three-year branding partnership with Manchester United Football Club.
* ASIAN PAINTS: Increased its stake in Berger International to 75.82%, and has made an open offer to acquire the balance 24.18% in the company.
* BHARAT HEAVY ELECTRICALS: Has said survival of the domestic power equipment industry is closely linked to timely finalisation of infrastructure projects
and getting a level-playing field.
* CHENNAI PETROLEUM CORP: Hopes to strengthen its bottomline with the implementation of a 31.10-bln-rupee resid upgradation project.
* ERA INFRA: SEBI has imposed a penalty of 500,000 rupees on 18 entities for alleged failure to submit disclosures about changes in their shareholding pattern.
* FINANCIAL TECHNOLOGIES ( INDIA ): The Forward Markets Commission has ordered the company's arm National Spot Exchange to auction the commodities given as collateral and lying in the exchange's custody. The finance ministry has asked the income tax department to examine the stocks of National Spot Exchange members. National Spot Exchange's related entity Indian Bullion Market Association has to pay 11.7 bln rupees in dues to Sahara group's retail company Sahara Q Shop. The company also has 2.6-bln-rupee exposure in the commodity bourse.
* FUTURE RETAIL: Unit Future Lifestyle Fashion has struck a deal with Iconix Lifestyle to open stores for British sportswear brand Umbro.
* GMR INFRASTRUCTURE: The shareholding of parent company GMR Holdings has been divided equally among four key trusts--one each owned by group chairman G.M. Rao and his two sons and son-in-law.
* HINDALCO INDUSTRIES: Kumar Mangalam Birla, chairman of Aditya Birla Group, will invest 21.65 bln rupees by October to raise his stake in the company by 5% to 37% by converting 150 mln preferential warrants into equity shares.
* HINDUSTAN UNILEVER: The Delhi High Court refused to restrain the company from broadcasting or printing the advertisement that shows 'Pepsodent Germicheck' toothpaste to be 130% more effective than 'Colgate Dental Cream Strong'.
* INDIAN HOTELS: Investors have said the company should sell part of its foreign business to trim its debt and focus on reviving growth at home.
* INDIAN OIL CORP: Will invest about 80 bln rupees to expand capacity at its Koyali oil refinery in Gujarat to 18 mln tn per annum by 2016-17 (Apr-Mar). The company will go ahead with its 43.20-bln-rupee liquefied natural gas plant at Ennore, near Chennai.
* JBF INDUSTRIES: Board has approved buy-back of 735 mln rupees worth of shares from existing shareholders other than promoters and persons who are in control of the company at a price of 105 rupees per share.
* JAIPRAKASH POWER VENTURES: Company's promoter JAIPRAKASH ASSOCIATES has pledged 300 mln shares of the company, or a 57.65% stake, to IDFC Ltd.
* KALINDEE RAIL NIRMAN (ENGINEERS): Board has approved preferential issue of 4.1 mln shares to TEXMACO RAIL & ENGINEERING.
* MULTI COMMODITY EXCHANGE: BNP Paribas Arbitrage offloaded 600,000 shares of the company worth about 170 mln rupees on Wednesday.
* NATIONAL ALUMINIUM CO: Plans to raise its alumina exports by 40% to 1.4 mln in 2013-14 (Apr-Mar).
* OIL AND NATURAL GAS CORP: Is planning to save 40% capital expenditure and reduce about four years in developing three gas discoveries adjoining RELIANCE INDUSTRIES gas fields by sharing spare infrastructure of the KG-D6 block. Has joined the race with 12 other companies to bid for development of Nasiriya oilfield and construction of a refinery in Iraq .
* PRAJ INDUSTRIES: Is in the process of setting up a plant in Sangli, Maharashtra , at an investment of 1.5 bln rupees.
* RELIANCE INDUSTRIES: Has finalised terms with a consortium of leading banks to raise $1.75 bln by way of overseas borrowings.
* SPICEJET: To start Pune-Sharjah direct flight from Sep 21.
* TATA CONSULTANCY SERVICES: Has appealed to the Board of Approval for Special Economic Zones against tax breaks denied to it by a lower-level committee for a host of services.
* TATA MOTORS: Nano will be repositioned as a "smart city car" with power steering option and several other improvements as the company is betting on "customer centricity" to revive sales.
* TECH MAHINDRA: Has sought commerce ministry's nod to transfer the permissions for three special economic zones given to Satyam Computer Services in Tamil Nadu and Andhra Pradesh.
* UTTAM GALVA STEELS: Has approached the government to surrender its two special economic zones in Maharashtra .
* YES BANK: Has told the Mumbai High Court that the suit filed by co-founder's widow, Madhu Kapur, is not maintainable.
* APOLLO TYRES: Has entered into a three-year branding partnership with Manchester United Football Club.
* ASIAN PAINTS: Increased its stake in Berger International to 75.82%, and has made an open offer to acquire the balance 24.18% in the company.
* BHARAT HEAVY ELECTRICALS: Has said survival of the domestic power equipment industry is closely linked to timely finalisation of infrastructure projects
and getting a level-playing field.
* CHENNAI PETROLEUM CORP: Hopes to strengthen its bottomline with the implementation of a 31.10-bln-rupee resid upgradation project.
* ERA INFRA: SEBI has imposed a penalty of 500,000 rupees on 18 entities for alleged failure to submit disclosures about changes in their shareholding pattern.
* FINANCIAL TECHNOLOGIES ( INDIA ): The Forward Markets Commission has ordered the company's arm National Spot Exchange to auction the commodities given as collateral and lying in the exchange's custody. The finance ministry has asked the income tax department to examine the stocks of National Spot Exchange members. National Spot Exchange's related entity Indian Bullion Market Association has to pay 11.7 bln rupees in dues to Sahara group's retail company Sahara Q Shop. The company also has 2.6-bln-rupee exposure in the commodity bourse.
* FUTURE RETAIL: Unit Future Lifestyle Fashion has struck a deal with Iconix Lifestyle to open stores for British sportswear brand Umbro.
* GMR INFRASTRUCTURE: The shareholding of parent company GMR Holdings has been divided equally among four key trusts--one each owned by group chairman G.M. Rao and his two sons and son-in-law.
* HINDALCO INDUSTRIES: Kumar Mangalam Birla, chairman of Aditya Birla Group, will invest 21.65 bln rupees by October to raise his stake in the company by 5% to 37% by converting 150 mln preferential warrants into equity shares.
* HINDUSTAN UNILEVER: The Delhi High Court refused to restrain the company from broadcasting or printing the advertisement that shows 'Pepsodent Germicheck' toothpaste to be 130% more effective than 'Colgate Dental Cream Strong'.
* INDIAN HOTELS: Investors have said the company should sell part of its foreign business to trim its debt and focus on reviving growth at home.
* INDIAN OIL CORP: Will invest about 80 bln rupees to expand capacity at its Koyali oil refinery in Gujarat to 18 mln tn per annum by 2016-17 (Apr-Mar). The company will go ahead with its 43.20-bln-rupee liquefied natural gas plant at Ennore, near Chennai.
* JBF INDUSTRIES: Board has approved buy-back of 735 mln rupees worth of shares from existing shareholders other than promoters and persons who are in control of the company at a price of 105 rupees per share.
* JAIPRAKASH POWER VENTURES: Company's promoter JAIPRAKASH ASSOCIATES has pledged 300 mln shares of the company, or a 57.65% stake, to IDFC Ltd.
* KALINDEE RAIL NIRMAN (ENGINEERS): Board has approved preferential issue of 4.1 mln shares to TEXMACO RAIL & ENGINEERING.
* MULTI COMMODITY EXCHANGE: BNP Paribas Arbitrage offloaded 600,000 shares of the company worth about 170 mln rupees on Wednesday.
* NATIONAL ALUMINIUM CO: Plans to raise its alumina exports by 40% to 1.4 mln in 2013-14 (Apr-Mar).
* OIL AND NATURAL GAS CORP: Is planning to save 40% capital expenditure and reduce about four years in developing three gas discoveries adjoining RELIANCE INDUSTRIES gas fields by sharing spare infrastructure of the KG-D6 block. Has joined the race with 12 other companies to bid for development of Nasiriya oilfield and construction of a refinery in Iraq .
* PRAJ INDUSTRIES: Is in the process of setting up a plant in Sangli, Maharashtra , at an investment of 1.5 bln rupees.
* RELIANCE INDUSTRIES: Has finalised terms with a consortium of leading banks to raise $1.75 bln by way of overseas borrowings.
* SPICEJET: To start Pune-Sharjah direct flight from Sep 21.
* TATA CONSULTANCY SERVICES: Has appealed to the Board of Approval for Special Economic Zones against tax breaks denied to it by a lower-level committee for a host of services.
* TATA MOTORS: Nano will be repositioned as a "smart city car" with power steering option and several other improvements as the company is betting on "customer centricity" to revive sales.
* TECH MAHINDRA: Has sought commerce ministry's nod to transfer the permissions for three special economic zones given to Satyam Computer Services in Tamil Nadu and Andhra Pradesh.
* UTTAM GALVA STEELS: Has approached the government to surrender its two special economic zones in Maharashtra .
* YES BANK: Has told the Mumbai High Court that the suit filed by co-founder's widow, Madhu Kapur, is not maintainable.
