* APL APOLLO TUBES: Board has approved the merger of arm Lloyds Pipes with self.
* APOLLO TYRES: Shareholders of US-based Cooper Tire & Rubber Co have approved proposed merger with the company.
* BANK OF BARODA : Has hiked interest rates on term deposits below 10 mln rupees and with a maturity basket of 181 days and above by 15-50 basis points effective today.
* ERA INFRA ENGINEERING: Shareholders have voted against paying of 2012-13 (Apr-Mar) dividend to conserve resources.
* FINANCIAL TECHNOLOGIES INDIA : National Stock Exchange has said it will exclude Financial Technologies from the future and options segment from Nov 1.
* GMR INFRASTRUCTURE: The government has allowed the company and GVK POWER & INFRASTRUCTURE to bid for six airports to be awarded in the second phase of airport privatisation.
* GREENPLY INDUSTRIES: Board has approved the demerger of its decorative operations into wholly-owned subsidiary Greenlam Industries.
* GULF OIL CORP: Board has approved disinvestment in three subsidiaries for a sum of 549 mln rupees.
* HERITAGE FOODS: On Sunday commissioned a 2.34-MW solar power project in Medak near Hyderabad .
* HERO MOTOCORP: The company is open to acquiring companies, including two- wheeler companies, as part of its global expansion strategy.
* IDBI BANK: Has introduced a new deposit scheme called 'Golden Jubilee Freedom Deposit' to commemorate its 50 years in the banking industry.
* INDIAN OIL CORP: Has announced a 3.05-rupee-per-ltr reduction in the price of petrol.
* INFOSYS: Has secured a 300 mln pound sterling deal from Royal Bank of Scotland NV, to design software system for the latter's arm Williams & Glyn Bank.
* ING VYSYA BANK: Has declined comment on a report that it is likely to exit local banking operations.
* JAYASWAL NECO INDUSTRIES: Shareholders have approved issue of 32.65 mln shares to shareholders of Corporate Ispat Alloys in the ratio of 114 equity shares for every 10 held.
* JET AIRWAYS ( INDIA ): Promoter Naresh Goyal will have to sell 6% stake in the airline before making a preferential allotment to Etihad Airways.
* JYOTI: Board has approved restructuring the company's debt.
* KOTAK MAHINDRA BANK: Has not transferred securities held under the Statutory Liquidity Ratio to held-to-maturity from available-for-sale or held-for-trading, though there is sufficient headroom to do so.
* LANCO INFRATECH: Is looking for a strategic investor to sell a minority stake in the thermal power plant and coal block project it won from Mahatamil Collieries.
* MULTI COMMODITY EXCHANGE OF INDIA : Managing Director and Chief Executive Officer of MCX Stock Exchange Joseph Massey confirmed his residence was one among many premises the Economic Offences Wing of Mumbai Police searched.
* NHPC: Has filed a draft prospectus with the NSE to raise at least 5 bln rupees through public issue of tax-free bonds maturing in 10, 15 and 20 years.
* OIL AND NATURAL GAS: The company is planning to set up a fertiliser or power plant in Maharashtra to utilise the higher gas output from nearby Daman and western offshore C-Series fields.
* OIL INDIA: Rupshikha Saikia Borah took over as director finance of Oil India Ltd, making her the first lady functional director on the company's board.
* SHRI LAKRSHMI COTSYN: Board has approved the allotment of 20 mln share warrants on preferential basis at 50 rupees per share warrant to promoters and strategic investors.
* SIEMENS LTD: Parent Siemens AG will cut 15,000 jobs worldwide, around half of which will be completed in 2013, in line with its goal of achieving productivity growth of 6.3 mln euros in 2013-14 (Apr-Mar).
* STATE BANK OF INDIA : Has decided to link the interest rate on a corporate loan to the external credit rating of the company.
* TATA COMMUNICATIONS: Is in talks with South Africa 's Vodacom, a subsidiary of Vodafone Group Plc, to sell entire stake in its step-down subsidiary Neotel.
* ZENITH INFOTECH: Has withdrawn from the Supreme Court its plea challenging Bombay High Court's decision to admit a winding up petition following the
company's default in foreign currency convertible bond repayment of around 5.8 bln rupees.
* APOLLO TYRES: Shareholders of US-based Cooper Tire & Rubber Co have approved proposed merger with the company.
* BANK OF BARODA : Has hiked interest rates on term deposits below 10 mln rupees and with a maturity basket of 181 days and above by 15-50 basis points effective today.
* ERA INFRA ENGINEERING: Shareholders have voted against paying of 2012-13 (Apr-Mar) dividend to conserve resources.
* FINANCIAL TECHNOLOGIES INDIA : National Stock Exchange has said it will exclude Financial Technologies from the future and options segment from Nov 1.
* GMR INFRASTRUCTURE: The government has allowed the company and GVK POWER & INFRASTRUCTURE to bid for six airports to be awarded in the second phase of airport privatisation.
* GREENPLY INDUSTRIES: Board has approved the demerger of its decorative operations into wholly-owned subsidiary Greenlam Industries.
* GULF OIL CORP: Board has approved disinvestment in three subsidiaries for a sum of 549 mln rupees.
* HERITAGE FOODS: On Sunday commissioned a 2.34-MW solar power project in Medak near Hyderabad .
* HERO MOTOCORP: The company is open to acquiring companies, including two- wheeler companies, as part of its global expansion strategy.
* IDBI BANK: Has introduced a new deposit scheme called 'Golden Jubilee Freedom Deposit' to commemorate its 50 years in the banking industry.
* INDIAN OIL CORP: Has announced a 3.05-rupee-per-ltr reduction in the price of petrol.
* INFOSYS: Has secured a 300 mln pound sterling deal from Royal Bank of Scotland NV, to design software system for the latter's arm Williams & Glyn Bank.
* ING VYSYA BANK: Has declined comment on a report that it is likely to exit local banking operations.
* JAYASWAL NECO INDUSTRIES: Shareholders have approved issue of 32.65 mln shares to shareholders of Corporate Ispat Alloys in the ratio of 114 equity shares for every 10 held.
* JET AIRWAYS ( INDIA ): Promoter Naresh Goyal will have to sell 6% stake in the airline before making a preferential allotment to Etihad Airways.
* JYOTI: Board has approved restructuring the company's debt.
* KOTAK MAHINDRA BANK: Has not transferred securities held under the Statutory Liquidity Ratio to held-to-maturity from available-for-sale or held-for-trading, though there is sufficient headroom to do so.
* LANCO INFRATECH: Is looking for a strategic investor to sell a minority stake in the thermal power plant and coal block project it won from Mahatamil Collieries.
* MULTI COMMODITY EXCHANGE OF INDIA : Managing Director and Chief Executive Officer of MCX Stock Exchange Joseph Massey confirmed his residence was one among many premises the Economic Offences Wing of Mumbai Police searched.
* NHPC: Has filed a draft prospectus with the NSE to raise at least 5 bln rupees through public issue of tax-free bonds maturing in 10, 15 and 20 years.
* OIL AND NATURAL GAS: The company is planning to set up a fertiliser or power plant in Maharashtra to utilise the higher gas output from nearby Daman and western offshore C-Series fields.
* OIL INDIA: Rupshikha Saikia Borah took over as director finance of Oil India Ltd, making her the first lady functional director on the company's board.
* SHRI LAKRSHMI COTSYN: Board has approved the allotment of 20 mln share warrants on preferential basis at 50 rupees per share warrant to promoters and strategic investors.
* SIEMENS LTD: Parent Siemens AG will cut 15,000 jobs worldwide, around half of which will be completed in 2013, in line with its goal of achieving productivity growth of 6.3 mln euros in 2013-14 (Apr-Mar).
* STATE BANK OF INDIA : Has decided to link the interest rate on a corporate loan to the external credit rating of the company.
* TATA COMMUNICATIONS: Is in talks with South Africa 's Vodacom, a subsidiary of Vodafone Group Plc, to sell entire stake in its step-down subsidiary Neotel.
* ZENITH INFOTECH: Has withdrawn from the Supreme Court its plea challenging Bombay High Court's decision to admit a winding up petition following the
company's default in foreign currency convertible bond repayment of around 5.8 bln rupees.
