* BALRAMPUR CHINI MILLS: Board for Industrial and Financial Reconstruction has sanctioned merger of Khalilabad Sugar Mills Pvt with the company.
* BHARTI AIRTEL: The telecom department is likely to impose an additional penalty of 2.04 bln rupees on the company for offering 3G services through
intra-circle roaming pacts.
* CHAMBAL FERTILISERS & CHEMICALS: Promoter has pledged 1.78 mln shares of the company on Monday and Tuesday.
* GREAVES COTTON: Is ready with a 265cc petrol engine to help automakers foray into quadricycles once the government gives its go-ahead.
* HERO MOTOCORP: Is stepping up product launches and plans to introduce over 15 offerings by March next year.
* HINDUSTAN MOTORS: Maker of Ambassador saloon is set to declare itself a sick unit and will soon report to the Board of Industrial and Financial Reconstruction that its net worth has been completely wiped out.
* IL&FS TRANSPORTATION NETWORKS: Committee of directors has approved allotment of 200 mln cumulative redeemable preference shares of 10 rupees each at a premium of 10 rupees.
* JET AIRWAYS: Has defaulted on lease rentals of its Boeing 737s, highlighting financial difficulties of the airline.
* MVL: SEBI has barred the company from raising any further funds from general public through its collective investment scheme.
* OBEROI REALTY: Promoter Vikas Oberoi's offer for sale of 11.4 mln shares of the company received bids for 18.5 mln shares at a clearing price of 167.50 rupees per share.
* OMAXE: Shareholders approved raising of additional long-term funds of up to 6 bln rupees through issue of securities at the annual general meeting.
* POLARIS FINANCIAL TECHNOLOGY: Has secured an order from Nationwide Financial to implement its claims solution, Polaris Intellect.
* RELIANCE POWER: Has approached the power regulator seeking an increase in tariff for electricity generated from its ultra mega power project at Tilaiya in Jharkhand.
* SKS MICROFINANCE: Board has reappointed Ramachandra Rao as the managing director & chief executive officer for a period of five years.
* STATE BANK OF INDIA : Terminated the check-off facility to its officers' federation in its biggest clamp down on trade union activities.
* TATA POWER: The Maharashtra government may seek the Central Vigilance Commission's opinion on recommendations of compensatory tariff for Tata Power's Mundra plant. Will shut its 500 MW unit at its 1,580 MW Trombay power plant if it is not able to convert the gas/oil fuelled unit into a coal-fired one.
* VARUN INDUSTRIES: Shareholders have approved the company's plan to restructure its debt, and increase borrowing limit to 30 bln rupees from 20 bln rupees.
* WANBURY: The US Food and Drug Administration have classified the company's manufacturing facilities at Patalganga and Tanaku as acceptable.
* ZENITH INFOTECH: Has assured the apex court of informing it about a debt repayment plant on Monday.
* BHARTI AIRTEL: The telecom department is likely to impose an additional penalty of 2.04 bln rupees on the company for offering 3G services through
intra-circle roaming pacts.
* CHAMBAL FERTILISERS & CHEMICALS: Promoter has pledged 1.78 mln shares of the company on Monday and Tuesday.
* GREAVES COTTON: Is ready with a 265cc petrol engine to help automakers foray into quadricycles once the government gives its go-ahead.
* HERO MOTOCORP: Is stepping up product launches and plans to introduce over 15 offerings by March next year.
* HINDUSTAN MOTORS: Maker of Ambassador saloon is set to declare itself a sick unit and will soon report to the Board of Industrial and Financial Reconstruction that its net worth has been completely wiped out.
* IL&FS TRANSPORTATION NETWORKS: Committee of directors has approved allotment of 200 mln cumulative redeemable preference shares of 10 rupees each at a premium of 10 rupees.
* JET AIRWAYS: Has defaulted on lease rentals of its Boeing 737s, highlighting financial difficulties of the airline.
* MVL: SEBI has barred the company from raising any further funds from general public through its collective investment scheme.
* OBEROI REALTY: Promoter Vikas Oberoi's offer for sale of 11.4 mln shares of the company received bids for 18.5 mln shares at a clearing price of 167.50 rupees per share.
* OMAXE: Shareholders approved raising of additional long-term funds of up to 6 bln rupees through issue of securities at the annual general meeting.
* POLARIS FINANCIAL TECHNOLOGY: Has secured an order from Nationwide Financial to implement its claims solution, Polaris Intellect.
* RELIANCE POWER: Has approached the power regulator seeking an increase in tariff for electricity generated from its ultra mega power project at Tilaiya in Jharkhand.
* SKS MICROFINANCE: Board has reappointed Ramachandra Rao as the managing director & chief executive officer for a period of five years.
* STATE BANK OF INDIA : Terminated the check-off facility to its officers' federation in its biggest clamp down on trade union activities.
* TATA POWER: The Maharashtra government may seek the Central Vigilance Commission's opinion on recommendations of compensatory tariff for Tata Power's Mundra plant. Will shut its 500 MW unit at its 1,580 MW Trombay power plant if it is not able to convert the gas/oil fuelled unit into a coal-fired one.
* VARUN INDUSTRIES: Shareholders have approved the company's plan to restructure its debt, and increase borrowing limit to 30 bln rupees from 20 bln rupees.
* WANBURY: The US Food and Drug Administration have classified the company's manufacturing facilities at Patalganga and Tanaku as acceptable.
* ZENITH INFOTECH: Has assured the apex court of informing it about a debt repayment plant on Monday.
