* ASHOK LEYLAND: Has sold its US-based subsidiary Defiance Testing & Engineering Services to Exova. Total sales in September fell 32% on year to 7,232 units.
* AUROBINDO PHARMA: Promoter pledged 60,500 shares of the company on Saturday.
* AMBUJA CEMENTS: Investment bank JP Morgan has retained its 'underweight' rating on company as demand revival looks bleak in the near future despite rise in prices in the past few weeks.
* AZKO NOBEL INDIA : Began operations at the Gwalior plant on Monday.
* BAJAJ AUTO: Total sales during September rose 2% on year to 367,815 units, largely on account of the low base of the previous year.
* COAL INDIA: Company's September offtake at 35.79 mln tn as against a target of 34.84 mln tn. Production at 33.16 mln tn as against a target of 33.58 mln tn.
* CONTAINER CORP OF INDIA: Aberdeen Asset Management Ltd has increased its stake in the company to 12.4% from 8.4%.
* EICHER MOTORS: September total vehicle sales, including exports, fell 11% year on year to 2,803 units from 3,150 units a year ago.
* FINANCIAL TECHNOLOGIES: Subsidiary, National Spot Exchange, said it is unable to make payouts as the Economic Offences Wing has frozen its bank accounts.
* GATI: Lender has invoked pledge on 1.8 mln pledged shares of company on Monday.
* GITANJALI GEMS: The promoters rejected the board's 30% dividend payment plan.
* HDFC BANK: Harish Engineer retired as bank's executive director on Sep 30.
* IDBI BANK: Is hopeful of recovering up to 80% of its 8-bln-rupee exposure to KINGFISHER AIRLINES, even as the revival of the airline remains uncertain.
* IL&FS Engineering: Has extended redemption of preference shares by six years.
* JET AIRWAYS: The Securities and Exchange Board of India has cleared the deal where Abu Dhabi-based Etihad Airways is to buy 24% equity in the company through the amended norms for foreign direct investment in domestic airlines.
* JSW STEEL: Has raised prices of flat products by 2-4% or 750-1,750 rupees per tn effective Oct 1. The company, with Japanese joint venture partner Marubeni Itochu Steel, plans to set up a second steel processing centre in Pune.
* OIL AND NATURAL GAS: The company and partner Royal Dutch Shell Plc have expanded production at a project off Brazil , after blocking a $1.54-bln bid by China 's Sinochem Group for a stake in the venture.
* POWER GRID CORP OF INDIA : Has selected SBI Capital Markets Securities, Kotak Securities, UBS, and Citigroup as merchant bankers to advise the company on the sale of 4% equity belonging to the government.
* RANBAXY LABORATORIES: Has no plans to reduce its workforce in the next three to 12 months and is focussing on improving performance and productivity.
* RELIANCE INDUSTRIES: Has suggested four names that can be appointed as third- party experts to assess the decline in gas production from its once-prolific D6 block in the Krishna Godavari basin.
* RELIGARE ENTERPRISES: Mehta & Mehta Real Estate acquired a 2.49% stake in company through open market share purchases on Monday.
* SHARDA MOTOR INDUSTRIES: Has formed a joint venture with Toyota Motor Corp's ancillary division Toyota Boshoku Asia Co to supply parts to automobile manufacturers, including ones in India.
* SHIPPING CORP OF INDIA : The company has decided to exit its chemical carrier joint venture with Shapoorji Pallonji Group after continuous losses eroded the net worth of the company.
* STATE BANK OF BIKANER & JAIPUR: Has raised its base rate by 10 basis points to 10.25% effective Thursday.
* STEEL AUTHORITY OF INDIA : Has sold 3.1 mln tn of the commodity in Jul-Sep, up 14% on year.
* SUN PHARMACEUTICALS INDUSTRIES: Has formed a joint venture with US-based Intrexon Corp to develop therapeutics for certain diseases that cause partial or total blindness.
* TATA CHEMICALS: Fitch has affirmed BB+ rating on company, keeps outlook stable.
* TATA MOTORS: Total sales fell 33.44% to 50,427 units in September from 75,773 units in the year-ago period. Arm Jaguar Land Rover has appointed John Edwards as managing director of its newly created individual products division.
* TECH MAHINDRA: Has stopped providing online services to the Municipal Corp of Delhi for non-payment of dues totalling 800 mln rupees.
* ULTRATECH CEMENT: Though product prices have risen in the past few weeks, investment bank JP Morgan has retained its 'underweight' rating on the company as demand revival looks bleak in near future.
* AUROBINDO PHARMA: Promoter pledged 60,500 shares of the company on Saturday.
* AMBUJA CEMENTS: Investment bank JP Morgan has retained its 'underweight' rating on company as demand revival looks bleak in the near future despite rise in prices in the past few weeks.
* AZKO NOBEL INDIA : Began operations at the Gwalior plant on Monday.
* BAJAJ AUTO: Total sales during September rose 2% on year to 367,815 units, largely on account of the low base of the previous year.
* COAL INDIA: Company's September offtake at 35.79 mln tn as against a target of 34.84 mln tn. Production at 33.16 mln tn as against a target of 33.58 mln tn.
* CONTAINER CORP OF INDIA: Aberdeen Asset Management Ltd has increased its stake in the company to 12.4% from 8.4%.
* EICHER MOTORS: September total vehicle sales, including exports, fell 11% year on year to 2,803 units from 3,150 units a year ago.
* FINANCIAL TECHNOLOGIES: Subsidiary, National Spot Exchange, said it is unable to make payouts as the Economic Offences Wing has frozen its bank accounts.
* GATI: Lender has invoked pledge on 1.8 mln pledged shares of company on Monday.
* GITANJALI GEMS: The promoters rejected the board's 30% dividend payment plan.
* HDFC BANK: Harish Engineer retired as bank's executive director on Sep 30.
* IDBI BANK: Is hopeful of recovering up to 80% of its 8-bln-rupee exposure to KINGFISHER AIRLINES, even as the revival of the airline remains uncertain.
* IL&FS Engineering: Has extended redemption of preference shares by six years.
* JET AIRWAYS: The Securities and Exchange Board of India has cleared the deal where Abu Dhabi-based Etihad Airways is to buy 24% equity in the company through the amended norms for foreign direct investment in domestic airlines.
* JSW STEEL: Has raised prices of flat products by 2-4% or 750-1,750 rupees per tn effective Oct 1. The company, with Japanese joint venture partner Marubeni Itochu Steel, plans to set up a second steel processing centre in Pune.
* OIL AND NATURAL GAS: The company and partner Royal Dutch Shell Plc have expanded production at a project off Brazil , after blocking a $1.54-bln bid by China 's Sinochem Group for a stake in the venture.
* POWER GRID CORP OF INDIA : Has selected SBI Capital Markets Securities, Kotak Securities, UBS, and Citigroup as merchant bankers to advise the company on the sale of 4% equity belonging to the government.
* RANBAXY LABORATORIES: Has no plans to reduce its workforce in the next three to 12 months and is focussing on improving performance and productivity.
* RELIANCE INDUSTRIES: Has suggested four names that can be appointed as third- party experts to assess the decline in gas production from its once-prolific D6 block in the Krishna Godavari basin.
* RELIGARE ENTERPRISES: Mehta & Mehta Real Estate acquired a 2.49% stake in company through open market share purchases on Monday.
* SHARDA MOTOR INDUSTRIES: Has formed a joint venture with Toyota Motor Corp's ancillary division Toyota Boshoku Asia Co to supply parts to automobile manufacturers, including ones in India.
* SHIPPING CORP OF INDIA : The company has decided to exit its chemical carrier joint venture with Shapoorji Pallonji Group after continuous losses eroded the net worth of the company.
* STATE BANK OF BIKANER & JAIPUR: Has raised its base rate by 10 basis points to 10.25% effective Thursday.
* STEEL AUTHORITY OF INDIA : Has sold 3.1 mln tn of the commodity in Jul-Sep, up 14% on year.
* SUN PHARMACEUTICALS INDUSTRIES: Has formed a joint venture with US-based Intrexon Corp to develop therapeutics for certain diseases that cause partial or total blindness.
* TATA CHEMICALS: Fitch has affirmed BB+ rating on company, keeps outlook stable.
* TATA MOTORS: Total sales fell 33.44% to 50,427 units in September from 75,773 units in the year-ago period. Arm Jaguar Land Rover has appointed John Edwards as managing director of its newly created individual products division.
* TECH MAHINDRA: Has stopped providing online services to the Municipal Corp of Delhi for non-payment of dues totalling 800 mln rupees.
* ULTRATECH CEMENT: Though product prices have risen in the past few weeks, investment bank JP Morgan has retained its 'underweight' rating on the company as demand revival looks bleak in near future.
