* ASIAN PAINTS: Has shut down operations at its powder coatings plant at Baddi, Himachal Pradesh, from Nov 25.
* AUTOMOTIVE AXLES: Posted 400% rise in Jul-Sep net profit to 4.27 mln rupees. Net sales down 30.7% YoY at 1.19 bln rupees.
* BAFNA PHARMACEUTICALS: Mylan and two Indian pharma companies are in the race to acquire the company.
* BHARTI AIRTEL: Is looking to raise up to $1 bln by selling bonds mainly to European investors. Company has shelved plans to sell a large stake in Airtel Digital TV after talks failed with financial and strategic investors.
* DENA BANK: Has approved issue of shares aggregating 7 bln rupees to the government on a preferential basis.
* ENGINEERS INDIA : Has received a $139 mln order from Dangote Group for constructing petroleum refinery and polypropylene plant in Nigeria .
* GAIL INDIA : Singapore arm to market 1 mln tn per year liquefied natural gas sourced from the US .
* IDBI BANK: S&P has downgraded bank's foreign currency issuer credit rating to 'BB+/B' and also lowered senior debt rating to 'BB+' from 'BBB-'.
* INDIAN BANK: S&P cuts bank's standalone credit profile to BBB- from BBB.
* JET AIRWAYS: Company's plan to sell or lease five of its wide-body Airbus A330 planes to Kuwait Airways is in trouble, with the Kuwaiti government
suspending the flag carrier's chairman, Sami Al-Nesif.
* JINDAL SAW: Jindal ITF, a subsidiary of the company, has started India 's first facility to transport bulk cargo through the national waterways.
* KALPATARU POWER TRANSMISSION: Has received orders worth 10 bln rupees in the transmission and pipeline space.
* NMDC: McKinsey has asked the company to endorse the rights issue of arm Legacy Iron Ore to help it raise Australian $25 mln to meet future capital
requirements.
* TATA MOTORS: Arm Jaguar Land Rover Automotive Plc is yet to take a decision on setting up an automotive facility in Brazil .
* STATE BANK OF INDIA : Central Bureau of Investigation has arrested a former assistant general manager of the bank in an alleged bribery case.
* UNITED SPIRITS: The British Office for Fair Trading said it is considering Diageo's offer to sell majority stake in Whyte & Mackay in order to deal with
competition concerns regarding bottled blended Scotch whisky in the UK .
* WEBSOL ENERGY SYSTEM: A consortium of seven lenders has refused to refer company to corporate debt restructuring cell for recast of 3.50-bln-rupee
loan.
* AUTOMOTIVE AXLES: Posted 400% rise in Jul-Sep net profit to 4.27 mln rupees. Net sales down 30.7% YoY at 1.19 bln rupees.
* BAFNA PHARMACEUTICALS: Mylan and two Indian pharma companies are in the race to acquire the company.
* BHARTI AIRTEL: Is looking to raise up to $1 bln by selling bonds mainly to European investors. Company has shelved plans to sell a large stake in Airtel Digital TV after talks failed with financial and strategic investors.
* DENA BANK: Has approved issue of shares aggregating 7 bln rupees to the government on a preferential basis.
* ENGINEERS INDIA : Has received a $139 mln order from Dangote Group for constructing petroleum refinery and polypropylene plant in Nigeria .
* GAIL INDIA : Singapore arm to market 1 mln tn per year liquefied natural gas sourced from the US .
* IDBI BANK: S&P has downgraded bank's foreign currency issuer credit rating to 'BB+/B' and also lowered senior debt rating to 'BB+' from 'BBB-'.
* INDIAN BANK: S&P cuts bank's standalone credit profile to BBB- from BBB.
* JET AIRWAYS: Company's plan to sell or lease five of its wide-body Airbus A330 planes to Kuwait Airways is in trouble, with the Kuwaiti government
suspending the flag carrier's chairman, Sami Al-Nesif.
* JINDAL SAW: Jindal ITF, a subsidiary of the company, has started India 's first facility to transport bulk cargo through the national waterways.
* KALPATARU POWER TRANSMISSION: Has received orders worth 10 bln rupees in the transmission and pipeline space.
* NMDC: McKinsey has asked the company to endorse the rights issue of arm Legacy Iron Ore to help it raise Australian $25 mln to meet future capital
requirements.
* TATA MOTORS: Arm Jaguar Land Rover Automotive Plc is yet to take a decision on setting up an automotive facility in Brazil .
* STATE BANK OF INDIA : Central Bureau of Investigation has arrested a former assistant general manager of the bank in an alleged bribery case.
* UNITED SPIRITS: The British Office for Fair Trading said it is considering Diageo's offer to sell majority stake in Whyte & Mackay in order to deal with
competition concerns regarding bottled blended Scotch whisky in the UK .
* WEBSOL ENERGY SYSTEM: A consortium of seven lenders has refused to refer company to corporate debt restructuring cell for recast of 3.50-bln-rupee
loan.
