* ADANI POWER: Has appointed Vineet Jain as its executive director with effect from May 14 and current executive director Ravi Sharma will step down from the post on Jun 30.
* ANSAL PROPERTIES: Sold 1.43 mln sq ft in May, nearly 51% lower than 2.93 mln sq ft in the same month last year.
* ASHOK LEYLAND: Has approved raising up to 7.5 bln rupees through qualified institutional placement in one or more tranches.
* ASTER SILICATES: Is in the process of finalising new gas supply agreement for its Jaghadia unit.
* AURIONPRO SOLUTIONS: Has approved an issue of 3.8 mln convertible warrants on preferential basis to promoter and non-promoters.
* BHARTI AIRTEL: Arm Bharti Infratel will invite bids for solar energy solutions worth $300 mln for powering its 8,000 telecom towers in order to cut its diesel costs.
* EROS INTERNATIONAL MEDIA: Has launched an online music channel.
* HINDUSTAN CONSTRUCTION CO: A consortium of 27 banks has agreed to consider restructuring the company's 33-bln-rupee debt.
* HOTEL LEELAVENTURE: IL&FS Financial Services' stake in the company has declined to 4.03% from 6.09% earlier.
* INFOSYS: Denmark-based retailer Dansk Supermarked has roped in Infosys as its strategic partner to transform its cross-channel commerce programme.
* MARUTI SUZUKI INDIA : Is operating at only 70% of its petrol engine manufacturing capacity as demand for petrol cars has slipped on steep fuel prices.
* NAGARJUNA AGRICHEM: Has launched a research and development centre in Hyderabad .
* OIL AND NATURAL GAS CORP: Has hiked benefits in its Voluntary Retirement scheme to make it more attractive for its workforce to accept its offer.
* PETERONET LNG: Is taking a stake of up to 49% in the joint shipping venture planned to haul gas to its new regasification terminal coming up at Kochi .
* RELIANCE INDUSTRIES: Has warned the government that holding back investment approvals for the D6 block in the Krishna-Godavari Basin would impact gas production further.
* RELIGARE ENTERPRISES: Private equity fund NYLIM Jacob Ballas India Fund and International Finance Corp are buying 22-24% stake in its arm Super Religare Laboratories for 3.7 bln rupees.
* SHYAM TELECOM: Sistema Shyam TeleServices has launched a new smartphone 'MTS MTAG 401' bundled with unlimited data usage for three months.
* TATA COFFEE: Life Insurance Corp of India cut stake in the company to 3.285% from 5.289% between Jun 2009 and Jun 2012.
* TATA POWER CO: Plans to bid for projects in countries with easy regulatory norms, such as South Africa and West Asian countries.
* TTK HEALTHCARE: Madras High Court has directed the company's joint venture with Reckitt Benckiser Group Plc, TTK-LIG, to sell contraceptives overseas only to the joint venture partner.
* ZYDEN GENTEC: To consolidate 10 shares into 1.