* ALLAHABAD BANK: The Reserve Bank of India has initiated a special audit of the bank to assess its potential non-performing assets.
* BLUE STAR: Plans to set up a 1.5-bln-rupee air conditioner plant in south India .
* COAL INDIA: May miss its 2013-14 (Apr-Mar) production target of 482 mln tn by over 7 mln tn.
* DECCAN CHRONICLE HOLDINGS: CANARA BANK has attached all charged assets of the company as part of a loan recovery process.
* FUTURE RETAIL: Board has approved extension of financial period of the company by three months from Dec 31 to Mar 31.
* GMR INFRASTRUCTURE: With JV partner Megawide Construction Corp, has emerged as the top bidder for Philippines ' Mactan Cebu international airport
development project.
- The company has entered into a definitive agreement with Turkey 's TAV Airports Holdings to sell its 40% stake in Istanbul 's Sabiha Gokcen International Airport for 200-250 mln euro (around 25 bln rupees).
* JET AIRWAYS INDIA : The company and SPICEJET were found to be flouting Directorate General of Civil Aviation norms on safety and have been warned
against repeating the offence, aviation minister Ajit Singh told Lok Sabha Thursday.
* JUBILANT FOODWORKS: Is facing rising inflationary pressure but the company does not plan to hike product prices as of now, CEO Ajay Kaul said.
* MAHINDRA & MAHINDRA: Company will raise prices of its passenger and commercial vehicles by 2% from January.
* MMTC: The Bombay HC ruled against company's plea seeking an injunction on proceeds received via sale of its stake in Singapore Mercantile Exchange by
promoter FINANCIAL TECHNOLOGIES (INDIA) to InterContinental Exchange.
* RANBAXY LABORATORIES: Refuting media reports, the company confirmed that it has no intention to delist the shares from exchanges.
* RELIANCE INDUSTRIES: The oil ministry has allowed firms like the company and GAIL INDIA to fix the marketing margin they want to charge on sale of natural gas to consumers other than urea manufacturing units and liquefied petroleum gas plants.
* STATE BANK OF INDIA : Has approved issue of 11.2 mln shares to the government at 1,782.74 rupees per share. The bank is planning to hire six investment banks for the qualified institutional placement of its shares.
* SYNDICATE BANK: Has approved issue of 22.63 mln shares to the government at 88.36 rupees per share aggregating 2 bln rupees.
* TATA STEEL: A case was lodged in a Jamshedpur court against the company's Managing Director T.V. Narendran for an explosion at the company's plant on
Nov 14.
- The company is set to introduce a new value-added product called ground granulated BF slag to the construction industry.
* VIJAYA BANK: Shareholders of the bank have approved the issue of 58.93 mln shares at 42.42 rupees each to the government.
* BLUE STAR: Plans to set up a 1.5-bln-rupee air conditioner plant in south India .
* COAL INDIA: May miss its 2013-14 (Apr-Mar) production target of 482 mln tn by over 7 mln tn.
* DECCAN CHRONICLE HOLDINGS: CANARA BANK has attached all charged assets of the company as part of a loan recovery process.
* FUTURE RETAIL: Board has approved extension of financial period of the company by three months from Dec 31 to Mar 31.
* GMR INFRASTRUCTURE: With JV partner Megawide Construction Corp, has emerged as the top bidder for Philippines ' Mactan Cebu international airport
development project.
- The company has entered into a definitive agreement with Turkey 's TAV Airports Holdings to sell its 40% stake in Istanbul 's Sabiha Gokcen International Airport for 200-250 mln euro (around 25 bln rupees).
* JET AIRWAYS INDIA : The company and SPICEJET were found to be flouting Directorate General of Civil Aviation norms on safety and have been warned
against repeating the offence, aviation minister Ajit Singh told Lok Sabha Thursday.
* JUBILANT FOODWORKS: Is facing rising inflationary pressure but the company does not plan to hike product prices as of now, CEO Ajay Kaul said.
* MAHINDRA & MAHINDRA: Company will raise prices of its passenger and commercial vehicles by 2% from January.
* MMTC: The Bombay HC ruled against company's plea seeking an injunction on proceeds received via sale of its stake in Singapore Mercantile Exchange by
promoter FINANCIAL TECHNOLOGIES (INDIA) to InterContinental Exchange.
* RANBAXY LABORATORIES: Refuting media reports, the company confirmed that it has no intention to delist the shares from exchanges.
* RELIANCE INDUSTRIES: The oil ministry has allowed firms like the company and GAIL INDIA to fix the marketing margin they want to charge on sale of natural gas to consumers other than urea manufacturing units and liquefied petroleum gas plants.
* STATE BANK OF INDIA : Has approved issue of 11.2 mln shares to the government at 1,782.74 rupees per share. The bank is planning to hire six investment banks for the qualified institutional placement of its shares.
* SYNDICATE BANK: Has approved issue of 22.63 mln shares to the government at 88.36 rupees per share aggregating 2 bln rupees.
* TATA STEEL: A case was lodged in a Jamshedpur court against the company's Managing Director T.V. Narendran for an explosion at the company's plant on
Nov 14.
- The company is set to introduce a new value-added product called ground granulated BF slag to the construction industry.
* VIJAYA BANK: Shareholders of the bank have approved the issue of 58.93 mln shares at 42.42 rupees each to the government.
