* ANKUR DRUGS AND PHARMA: Trading in company's shares will be suspended from Wednesday.
* BRIGADE ENTERPRISES: Brigade Group has launched its 7-acre housing project in Mysore , which includes 304 apartments ranging from 790 sq ft to 3,360 sq ft.
* BOMBAY BURMAH TRADING: Is considering developing a few coffee estates as holiday destinations.
* CORPORATION BANK: To open 20 new branches in Bihar and Jharkhand.
* DHUNSERI PETROCHEM AND TEA: Has put the construction of its 750,000 Sq ft Special Economic Zone on hold, for want of takers.
* ESSAR PORTS: Has sought shareholders approval to raise up to $1 bln, or 65 bln rupees, through securities for ongoing expansion of various projects.
* FINANCIAL TECHNOLOGIES: Company's subsidiary National Bulk Handling has clarified that banks have conducted audits at its warehouse to authenticate the stock it holds on behalf of the banks.
* GITANJALI GEMS: Company plans to increase focus on Gulf region, it currently gets 40% of revues from overseas markets.
* GMR INFRASTRUCTURE: The Comptroller and Auditor General has sought reversal of over 1 bln rupees "inadmissible expenditure" by GMR Hyderabad
International Airport .
* HCL INFOSYSTEMS: Is now eying European countries and has claimed that it is selling as many tablets internationally as it is in India .
* HINDALCO INDUSTRIES: Company's annual report says metals business will face challenges in near term as aluminium prices continue to remain weak in the international market.
* INFOSYS: In a bid to improve margins, the company will increasingly focus on winning large outsourcing projects and reducing unnecessary costs by lowering onsite-offshore ratio. Has undertaken a restructuring exercise that will see Chandrashekhar Kakal, a member of its executive council, and V. Balakrishnan, board member and former chief financial officer, handling additional portfolios. .
* JAIPRAKASH POWER VENTURES: In advanced talks with Abu Dhabi Water & Electricity Authority to sell 300 MW Baspa II and 1000 MW Kartcham Wangto projects on Sutlej river.
* JINDAL STEEL AND POWER: The company's share buyback will begin on Sep 16 and end on Mar 15.
* JYOTI STRUCTURES: Board has approved issue fully redeemable non-convertible debentures aggregating to 400 mln rupees.
* MARUTI SUZUKI INDIA : Produced 91,261 vehicles in August, up 63% from the same period last year when its Manesar plant was under lockdown for 20 days.
* NHPC: Has slashed its capital expenditure plan for the current five-year plan by 31%, as clearances and law-and-order-related issues have affected its projects' progress.
* NEYVELI LIGNITE: The company's total outstanding dues from state beneficiaries as on Aug 31 was 27.72 bln rupees. Has claimed 1.5 bln rupees from BHARAT HEAVY ELECTRICALS in liquidated damages for the technical problems in the expansion of company's thermal power station-II.
* NOVARTIS INDIA: Parent Novartis AG has signed a licensing and research deal that could boost its ability to develop innovative cell-based therapies for conditions where little treatment is currently available.
* NTPC: Company is conducting due diligence to buy a few power plants.
* OIL INDIA: Plans to invest 6 bln rupees to set up renewable energy capacity in the wind and solar space as it seeks to diversify into clean energy sources.
.
* RELIANCE INDUSTRIES: Has told the Supreme Court in an affidavit that it intends to challenge the "entire approach" of the government on gas pricing, and is planning to invoke arbitration against the Rangarajan panel's gas pricing formula, saying it was inconsistent with the production sharing contract.
* RELIANCE INDUSTRIES: A proposal to force the company to give up 86% of eastern offshore KG-D6 gas block, including 8 gas discoveries worth at least $8 bln, has been put up to oil minister Veerappa Moily.
* RELIANCE INFRASTRUCTURE: Company said consumers in high-tension industrial, commercial and residential township categories can save 6% to 41% by using company's power.
* RELIANCE POWER: A report by the Comptroller and Auditor General has said the company's special purpose vehicle, Sasan Power, got "undue favours" from the environment ministry. Company has pulled out of the proposed Liquefied Natural Gas terminal with Shell on the East Coast of India.
* SHREE RENUKA SUGARS: In talks with UK , German firms to sell its power production unit in Brazil and expects to raise at least 20 bln rupees through this sale.
.
* SKS MICROFINANCE: Company's largest shareholder SKS Trust Advisors has named Vikram Akula as its nominee and demanded a seat for him on the company's board. (ET, Mon)
.
* SPICE JET: Has hiked cancellation charge on domestic tickets to 1,500 rupees from 1,000 rupees (TOI, Sat)
.
* STEEL AUTHORITY OF INDIA : Poland is in talks to sell coal-mining assets to the company. (BB, Sat)
.
* SHIPPING CORP OF INDIA : The Company’s crude oil tanker MV Desh Shanti,which was detained on Aug 12 for allegedly polluting Iranian waters, sailed for Vishakhapatnam at 2354 IST on Friday.
.
* SIMPLEX INFRASTRUCTURE: Promoter RBS Credit and Financial Development has acquired an additional 0.15% stake, raising its total stake in the company to 55.52%.
.
* TATA MOTORS: Has partnered with DRB-HICOM Berhad for import, distribution and assembly of its commercial vehicles in Malaysia .Jaguar announces all aluminium C-X17 sports crossover concept vehicle.
.
* UNION BANK OF INDIA : Plans to increase the total number of branches and ATMs to 2000 each by end of 2013-14(Apr-Mar). (BL, Mon)
.
* VALUE INDUSTRIES: The RBI has said the company has withdrawn its application for a new bank licence. Promoter VIDEOCON INDUSTRIES has denied that the company has withdrawn its application for a banking licence.
.
* WIPRO: The Company sees a significant market in India for the analytics and information management services segment, with data getting increasingly
* BRIGADE ENTERPRISES: Brigade Group has launched its 7-acre housing project in Mysore , which includes 304 apartments ranging from 790 sq ft to 3,360 sq ft.
* BOMBAY BURMAH TRADING: Is considering developing a few coffee estates as holiday destinations.
* CORPORATION BANK: To open 20 new branches in Bihar and Jharkhand.
* DHUNSERI PETROCHEM AND TEA: Has put the construction of its 750,000 Sq ft Special Economic Zone on hold, for want of takers.
* ESSAR PORTS: Has sought shareholders approval to raise up to $1 bln, or 65 bln rupees, through securities for ongoing expansion of various projects.
* FINANCIAL TECHNOLOGIES: Company's subsidiary National Bulk Handling has clarified that banks have conducted audits at its warehouse to authenticate the stock it holds on behalf of the banks.
* GITANJALI GEMS: Company plans to increase focus on Gulf region, it currently gets 40% of revues from overseas markets.
* GMR INFRASTRUCTURE: The Comptroller and Auditor General has sought reversal of over 1 bln rupees "inadmissible expenditure" by GMR Hyderabad
International Airport .
* HCL INFOSYSTEMS: Is now eying European countries and has claimed that it is selling as many tablets internationally as it is in India .
* HINDALCO INDUSTRIES: Company's annual report says metals business will face challenges in near term as aluminium prices continue to remain weak in the international market.
* INFOSYS: In a bid to improve margins, the company will increasingly focus on winning large outsourcing projects and reducing unnecessary costs by lowering onsite-offshore ratio. Has undertaken a restructuring exercise that will see Chandrashekhar Kakal, a member of its executive council, and V. Balakrishnan, board member and former chief financial officer, handling additional portfolios. .
* JAIPRAKASH POWER VENTURES: In advanced talks with Abu Dhabi Water & Electricity Authority to sell 300 MW Baspa II and 1000 MW Kartcham Wangto projects on Sutlej river.
* JINDAL STEEL AND POWER: The company's share buyback will begin on Sep 16 and end on Mar 15.
* JYOTI STRUCTURES: Board has approved issue fully redeemable non-convertible debentures aggregating to 400 mln rupees.
* MARUTI SUZUKI INDIA : Produced 91,261 vehicles in August, up 63% from the same period last year when its Manesar plant was under lockdown for 20 days.
* NHPC: Has slashed its capital expenditure plan for the current five-year plan by 31%, as clearances and law-and-order-related issues have affected its projects' progress.
* NEYVELI LIGNITE: The company's total outstanding dues from state beneficiaries as on Aug 31 was 27.72 bln rupees. Has claimed 1.5 bln rupees from BHARAT HEAVY ELECTRICALS in liquidated damages for the technical problems in the expansion of company's thermal power station-II.
* NOVARTIS INDIA: Parent Novartis AG has signed a licensing and research deal that could boost its ability to develop innovative cell-based therapies for conditions where little treatment is currently available.
* NTPC: Company is conducting due diligence to buy a few power plants.
* OIL INDIA: Plans to invest 6 bln rupees to set up renewable energy capacity in the wind and solar space as it seeks to diversify into clean energy sources.
.
* RELIANCE INDUSTRIES: Has told the Supreme Court in an affidavit that it intends to challenge the "entire approach" of the government on gas pricing, and is planning to invoke arbitration against the Rangarajan panel's gas pricing formula, saying it was inconsistent with the production sharing contract.
* RELIANCE INDUSTRIES: A proposal to force the company to give up 86% of eastern offshore KG-D6 gas block, including 8 gas discoveries worth at least $8 bln, has been put up to oil minister Veerappa Moily.
* RELIANCE INFRASTRUCTURE: Company said consumers in high-tension industrial, commercial and residential township categories can save 6% to 41% by using company's power.
* RELIANCE POWER: A report by the Comptroller and Auditor General has said the company's special purpose vehicle, Sasan Power, got "undue favours" from the environment ministry. Company has pulled out of the proposed Liquefied Natural Gas terminal with Shell on the East Coast of India.
* SHREE RENUKA SUGARS: In talks with UK , German firms to sell its power production unit in Brazil and expects to raise at least 20 bln rupees through this sale.
.
* SKS MICROFINANCE: Company's largest shareholder SKS Trust Advisors has named Vikram Akula as its nominee and demanded a seat for him on the company's board. (ET, Mon)
.
* SPICE JET: Has hiked cancellation charge on domestic tickets to 1,500 rupees from 1,000 rupees (TOI, Sat)
.
* STEEL AUTHORITY OF INDIA : Poland is in talks to sell coal-mining assets to the company. (BB, Sat)
.
* SHIPPING CORP OF INDIA : The Company’s crude oil tanker MV Desh Shanti,which was detained on Aug 12 for allegedly polluting Iranian waters, sailed for Vishakhapatnam at 2354 IST on Friday.
.
* SIMPLEX INFRASTRUCTURE: Promoter RBS Credit and Financial Development has acquired an additional 0.15% stake, raising its total stake in the company to 55.52%.
.
* TATA MOTORS: Has partnered with DRB-HICOM Berhad for import, distribution and assembly of its commercial vehicles in Malaysia .Jaguar announces all aluminium C-X17 sports crossover concept vehicle.
.
* UNION BANK OF INDIA : Plans to increase the total number of branches and ATMs to 2000 each by end of 2013-14(Apr-Mar). (BL, Mon)
.
* VALUE INDUSTRIES: The RBI has said the company has withdrawn its application for a new bank licence. Promoter VIDEOCON INDUSTRIES has denied that the company has withdrawn its application for a banking licence.
.
* WIPRO: The Company sees a significant market in India for the analytics and information management services segment, with data getting increasingly
