Nifty companies detailing Jul-Sep earnings:

  + ASIAN PAINTS (consolidated net profit seen at 4.40 bln rupees, up 27% YoY)
ADITYA BIRLA CHEMICALS INDIA: Shareholders have approved the firm's proposal
to raise up to 12 bln rupees through private placement. (Mint)

* AXIS BANK: Is looking to more than double its stake in insurance partner Max
Life Insurance to 8-9%. (ET, Thu)

* BANK OF BARODA: Minister of State for Finance Jayant Sinha has said the fraud
in the bank was a one-off case and not a systemic failure. (Cogencis)

* CAIRN INDIA: Reported Jul-Sep consolidated net profit of 6.73 bln rupees,
down 70.5% on year and net sales of 22.42 bln rupees, down 43.7% on year.
(Cogencis)
    The government has rejected the company's plea to renew the contract for
the Rajasthan block with existing terms and conditions, and has asked for the
investment plan for the renewal period to assess the state's share of profit.
(ET, Thu)

* CEAT: Has launched its Milaze range of tubeless tyres for scooters. (Cogencis)

* COAL INDIA: Plans to put in place a mechanism to monitor execution of
mining projects that cost over 1.5 bln rupees. (PTI)

* DLF: Has appointed J.P. Morgan and Morgan Stanley as merchant bankers for the
proposed sale of promoters' 40% stake in the company's rental arm, DLF Cyber
City Developers, to institutional investors. (PTI, Thu)

* ECLERX SERVICES: The company's board of directors will consider a proposal for
bonus issue of shares on Nov 2. (Cogencis)

* FINANCIAL TECHNOLOGIES INDIA: Has exited from Indian Energy Exchange by
selling its entire 19.06% stake in the bourse. (PTI, Thu)

* HDFC: Has begun buying back more home loans that it sources for mortgage
lender Housing Development Finance Corp. The bank will continue to maintain a
net interest margin in the 4.1-4.4% band, despite shifts in the interest rate
cycle. (Cogencis)

* HERO MOTOCORP: Plans to enter three new countries-- Argentina, Mexico and
Nigeria--by the end of this year as it looks to widen its footprint across
global markets. (DNA)

* IDEA CELLULAR: Reported a 13.1% quarter-on-quarter fall in Jul-Sep
consolidated net profit to 8.1 bln rupees, and 1.2% quarter-on-quarter decline
in total income to 86.9 bln rupees. (Cogencis)

* JSW STEEL: Reported a 84.4% on year fall in Jul-Sep consolidated net profit
to 1.17 bln rupees and a 21.5% year-on-year decline in net sales to 107.43 bln
rupees. (Cogencis)

* KPIT TECHNOLOGIES: Reported consolidated Jul-Sep net profit of 750.88 mln
rupees, up 6.4% on year and net sales of 8.12 bln rupees, up 7.2% on year.
(Cogencis)

* MARUTI SUZUKI INDIA: Has raised wages of temporary workers at its Gurgaon
and Manesar plants by an average of 10% a month. (PTI, Thu)

* NMDC: Has signed an export deal with Japan and Korea to supply 3.8-5.5 mtpa
of iron ore over the next six months. (Cogencis)

* OIL & NATURAL GAS CORP: Arm ONGC Videsh is negotiating to buy additional
equity stake in some fields of Rosneft. (FE)

* PETRONET LNG: Is shelling out 4 bln rupees every quarter in demurrage charges
for ships idling because of its public sector unit buyers refusing to buy
expensive imported gas. (PTI)

* POWER GRID CORP OF INDIA: Fitch Ratings has affirmed the company's long-term
issuer default rating at 'BBB-', with a stable outlook, citing strong market
position and no risk to revenue. (Cogencis)
    The company has won the 70.32-bln-rupee Vemagiri-II transmission project.
(BS, Thu)

* RELIANCE COMMUNICATIONS: The company is planning to roll out a 3G intra-circle
roaming-like agreement to continue 2G services in Bihar, West Bengal and Assam
after its right to use 2G spectrum expires in December and has approached IDEA
CELLULAR and Vodafone for the same. (PTI)

* RELIANCE INFRASTRUCTURE: Arm Mumbai Metro One has said there will not be any
changes in the discounted fares of 10-20-30-40 rupees for travel on the
Mumbai metro till Nov 30. (BS)

* SATIN CREDITCARE NETWORK: Is in talks to raise 700 mln rupees by selling
10-11% stake, and additional 1 bln rupees tier II capital. (Mint)

* SREI INFRASTRUCTURE FINANCE: American Tower Corp has signed a pact with Tata
Teleservices and Srei Infrastructure Finance to acquire 51% controlling interest
in Viom Networks for a total cash consideration of 76 bln rupees. (Cogencis)

* SHRIRAM TRANSPORT FINANCE CO: A day after it barred foreign portfolio
investors from investing further in the company, the Reserve Bank of India
has lifted the ban after the company passed relevant resolutions to raise the
FPI investment limit to 74%. (Cogencis)

* SPECIALITY RESTAURANTS: The Municipal Corporation of Greater Mumbai has
sealed a Mainland China outlet of the company for illegal use of open space.
(Cogencis)

* STRIDES ARCOLAB: Has entered into a pact to acquire seven brands from Johnson
& Johnson and buy majority stake in the domestic branded business of Medispan.
(Cogencis)

* SUN PHARMACEUTICAL INDUSTRIES: Has settled a patent case filed against the
company by US-based Acorda Therapeutics Inc for infringement of patents over
its multiple sclerosis drug Ampyra. (Cogencis)

* SUN TV NETWORK: Sony Music Entertainment has joined hands with the company to
air children's content and plans to invest 1-1.5 bln rupees in the coming years
to generate pop business and children's content. (BS)

* TATA STEEL: Has tied up with Sure Safety Solutions to set up an assembly line
of aerial targets for armed forces next to its special economic zone in
Gopalpur, Odisha. (ET)

* TATA MOTORS: Arm TML Holdings has raised $600 mln from six banks in two
tranches of $300 mln each, for five and seven year periods. (Mint)

* THOMAS COOK INDIA: Will consider issuing non-convertible redeemable preference
shares on private placement basis at its board meeting on Saturday. (Cogencis)

* TORRENT PHARMACEUTICALS: Has received approval from the US Food and Drugs
Administration for a generic of Pfizer Inc's heartburn drug Nexium. (Cogencis)

* TVS MOTOR CO: Has launched its moped TVS XL100 in Uttar Pradesh. (BL, Thu)

* WIPRO: Jul-Sep consolidated net profit rose 2.2% sequentially to 22.35 bln
rupees and net sales rose 1.6% quarter-on-quarter to 125.67 bln rupees.
(Cogencis)
    The company has guided for a sluggish growth in Oct-Dec pegging revenue
for the quarter in the range of $1.84 bln-$1.88 bln, translating into a
sequential growth of 0.5-2.7%.