* BHARAT FORGE: Will focus on becoming a net debt-free company and improving return ratio over the next five years.
* BIRLA SHLOKA EDUTECH: Board has approved warrant issue to promoters on preferential basis.
* BURNPUR CEMENT: Board has approved the issue of 4 mln convertible warrants.
* COAL INDIA: The government appointed seven merchant bankers to advice on the 5% divestment in the company.
* FINANCIAL TECHNOLOGIES: A firm controlled by the Jignesh Shah-led group of companies has been trading on the Financial Technologies-promoted Multi Commodity Exchange of India in violation of government guidelines.
* GATEWAY DISTRIPARKS: Will buy Nicherei Logistics Group's 6% stake in its cold chain logistics solution arm Snowman Logistics for 259 mln rupees.
* GODREJ INDUSTRIES: Has sought shareholder approval through postal ballot for a 1.5-bln-rupee investment in GODREJ CONSUMER PRODUCTS through shares, loans or inter-corporate deposits.
* HDFC BANK: Launched 18 new rural branches in Haryana, taking its coverage in the state to 200 branches.
* HERO MOTOCORP: Hero MotoCorp Ltd is planning several launches and product upgrades in next few months.
* IDEA CELLULAR: Has applied for unified licences to provide voice and data services in seven circles and said it would comply with the telecom department's guidelines on roaming agreements.
* ING VYSYA: Has raised interest rates on deposits maturing across different tenures by 25-50 basis points with effect from Aug 28.
* JET AIRWAYS INDIA : To launch second Mumbai-Singapore daily flight from Nov 1.
* MAHINDRA & MAHINDRA: The Competition Commission of India has given its approval to the M&M group's proposed multi-structured deal with Spain 's auto component maker CIE Group.
* MPHASIS: Consolidated net profit of the company was 1.93 bln rupees May-Jul, up 9.1% quarter-on-quarter, and net sales were at 15.40 bln rupees, up 9.6% on quarter.
* NITESH ESTATES: Has launched a 3-bln-rupee project, Nitesh British Columbia , in South Bengaluru .
* SHRIRAM EPC: Has approved plans to issue optionally convertible debentures worth 1 bln rupees, and cumulative redeemable preference shares worth 2 bln rupees.
* SPICEJET: The company is in talks with Airbus to acquire A320neo narrow body aircraft.
* STATE BANK OF INDIA : Life Insurance Corp of India had raised its shareholding in the bank by acquiring 2.86% stake, through various open market transactions between Jan 21, 2010 and Aug 27, 2013. The bank will hike interest rates on bulk deposits with a maturity of between 7 days and 60 days to 9% effective Saturday. The bank will also raise interest rates on bulk deposits with maturity of between 61 days and one year to 8.25%.
* BIRLA SHLOKA EDUTECH: Board has approved warrant issue to promoters on preferential basis.
* BURNPUR CEMENT: Board has approved the issue of 4 mln convertible warrants.
* COAL INDIA: The government appointed seven merchant bankers to advice on the 5% divestment in the company.
* FINANCIAL TECHNOLOGIES: A firm controlled by the Jignesh Shah-led group of companies has been trading on the Financial Technologies-promoted Multi Commodity Exchange of India in violation of government guidelines.
* GATEWAY DISTRIPARKS: Will buy Nicherei Logistics Group's 6% stake in its cold chain logistics solution arm Snowman Logistics for 259 mln rupees.
* GODREJ INDUSTRIES: Has sought shareholder approval through postal ballot for a 1.5-bln-rupee investment in GODREJ CONSUMER PRODUCTS through shares, loans or inter-corporate deposits.
* HDFC BANK: Launched 18 new rural branches in Haryana, taking its coverage in the state to 200 branches.
* HERO MOTOCORP: Hero MotoCorp Ltd is planning several launches and product upgrades in next few months.
* IDEA CELLULAR: Has applied for unified licences to provide voice and data services in seven circles and said it would comply with the telecom department's guidelines on roaming agreements.
* ING VYSYA: Has raised interest rates on deposits maturing across different tenures by 25-50 basis points with effect from Aug 28.
* JET AIRWAYS INDIA : To launch second Mumbai-Singapore daily flight from Nov 1.
* MAHINDRA & MAHINDRA: The Competition Commission of India has given its approval to the M&M group's proposed multi-structured deal with Spain 's auto component maker CIE Group.
* MPHASIS: Consolidated net profit of the company was 1.93 bln rupees May-Jul, up 9.1% quarter-on-quarter, and net sales were at 15.40 bln rupees, up 9.6% on quarter.
* NITESH ESTATES: Has launched a 3-bln-rupee project, Nitesh British Columbia , in South Bengaluru .
* SHRIRAM EPC: Has approved plans to issue optionally convertible debentures worth 1 bln rupees, and cumulative redeemable preference shares worth 2 bln rupees.
* SPICEJET: The company is in talks with Airbus to acquire A320neo narrow body aircraft.
* STATE BANK OF INDIA : Life Insurance Corp of India had raised its shareholding in the bank by acquiring 2.86% stake, through various open market transactions between Jan 21, 2010 and Aug 27, 2013. The bank will hike interest rates on bulk deposits with a maturity of between 7 days and 60 days to 9% effective Saturday. The bank will also raise interest rates on bulk deposits with maturity of between 61 days and one year to 8.25%.
