* ADITYA BIRLA NUVO: Arm Peter England Fashions and Retail on Sunday approved acquisition of PANTALOON RETAIL's format business, and share swap ratio of 1:5 for merger with itself.
* DECCAN CHRONICLE HOLDINGS: The company will ask lenders to restructure loans of up to 32.70 bln rupees from 28 banks and financial institutions. * INDIAN BANK: May come out with a follow-on public offer in 2013-14 (Apr-Mar) if market conditions improve. * INFOSYS: In talks with Spanish consulting company Everis for a possible acquisition. * JINDAL STEEL & POWER: Will file for arbitration against Bolivia in the International Court of Arbitration , Paris , by mid-October, on the issue of encashing its $18-mln bank guarantee by Bolivian authorities. * NMDC: The department of public enterprises has proposed a cap of 200,000 rupees for allotment of shares to each employee of the company at the time of the proposed 10% government stake sale through auction. * NTPC: Along with COAL INDIA , STEEL AUTHORITY OF INDIA, and NMDC, has sought shareholder approval for buying back shares. * OIL & NATURAL GAS CORP: Overseas arm ONGC Videsh has inked definitive agreements to buy US-based Hess Corp's 2.7213% participating interest in the Azeri, Chirag, and the deep water portion of Guneshli fields in the Azerbaijan sector of the Caspian Sea , and 2.36% stake in an associated pipeline for $1 bln. * PANTALOON RETAIL: Future Group is merging its largest business unit, Future Value Retail, which houses Big Bazaar and Food Bazaar, with the company to cut operating costs and restore investor confidence. By RUPEE DESK [email protected] -- You received this message because you are subscribed to the Google Groups "Kences1- Rupeedesk" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/kences1?hl=en.
