* BHARTI AIRTEL: The Company is likely to name a new chief executive for its African operations by the end of the current financial year.
* CANARA BANK: Has raised interest rate on domestic as well non-resident ordinary term deposits of 31-day to 1-year maturity by 25-75 basis points.
* CONTAINER CORP OF INDIA : Expects to garner higher growth for its export-import as well as domestic segments in 2013-14.
* FINANCIAL TECHNOLOGIES INDIA : The government has set up a special team and two working groups under it to examine the payment crisis at arm National Spot Exchange. The company has dipped into its reserves to give a 1.77-bln-rupee loan to National Spot Exchange Ltd to pay off smaller investors.
* IDFC: RBI has restricted further purchase of the company's shares by foreign institutional investors, non-resident Indians, and persons of Indian origin.
* JAIPRAKASH ASSOCIATES: The Aditya Birla Group is close to concluding a deal to buy out the company's cement plant in Gujarat for close to 35 bln rupees. An announcement may come next week.
* LANCO INFRATECH: Banks have told the Lanco group that all its group companies must opt for loan recast if they have to bail out the holding company.
* MAHINDRA & MAHINDRA: Lifetime sales of the company's small commercial vehicles have crossed 1.2 mln units.
* NATIONAL FERTILIZERS: Has invited international competitive bids for installation of a purge gas recovery at its Vijaipur plant in Guna district of Madhya Pradesh.
* PHOENIX MILLS: Hong Kong-based operator Shangri-La Hotels and Resorts and the company have mutually agreed to terminate the management contract of the latter's five-star hotel in Mumbai, nine months after the hotel became operational.
* RELIANCE INFRASTRUCTURE: Expects all its transmission projects to be operational by March.
* RELIANCE POWER: Expects to double its operating capacity to 5,000 MW in next 12 months.
* RESPONSIVE INDUSTRIES: Board has approved merger of Axiom Cordages with the company.
* SURANA INDUSTRIES: Board has decided to initiate discussions with the Company's lenders for realigning its debt.
* SUZLON ENERGY: Is looking to raise up to 50 bln rupees subject to shareholders' approval.
* CANARA BANK: Has raised interest rate on domestic as well non-resident ordinary term deposits of 31-day to 1-year maturity by 25-75 basis points.
* CONTAINER CORP OF INDIA : Expects to garner higher growth for its export-import as well as domestic segments in 2013-14.
* FINANCIAL TECHNOLOGIES INDIA : The government has set up a special team and two working groups under it to examine the payment crisis at arm National Spot Exchange. The company has dipped into its reserves to give a 1.77-bln-rupee loan to National Spot Exchange Ltd to pay off smaller investors.
* IDFC: RBI has restricted further purchase of the company's shares by foreign institutional investors, non-resident Indians, and persons of Indian origin.
* JAIPRAKASH ASSOCIATES: The Aditya Birla Group is close to concluding a deal to buy out the company's cement plant in Gujarat for close to 35 bln rupees. An announcement may come next week.
* LANCO INFRATECH: Banks have told the Lanco group that all its group companies must opt for loan recast if they have to bail out the holding company.
* MAHINDRA & MAHINDRA: Lifetime sales of the company's small commercial vehicles have crossed 1.2 mln units.
* NATIONAL FERTILIZERS: Has invited international competitive bids for installation of a purge gas recovery at its Vijaipur plant in Guna district of Madhya Pradesh.
* PHOENIX MILLS: Hong Kong-based operator Shangri-La Hotels and Resorts and the company have mutually agreed to terminate the management contract of the latter's five-star hotel in Mumbai, nine months after the hotel became operational.
* RELIANCE INFRASTRUCTURE: Expects all its transmission projects to be operational by March.
* RELIANCE POWER: Expects to double its operating capacity to 5,000 MW in next 12 months.
* RESPONSIVE INDUSTRIES: Board has approved merger of Axiom Cordages with the company.
* SURANA INDUSTRIES: Board has decided to initiate discussions with the Company's lenders for realigning its debt.
* SUZLON ENERGY: Is looking to raise up to 50 bln rupees subject to shareholders' approval.
