Stocks in the news: Mindtree, L&T, Reliance Infra, HCC, JSPL, Lovable Lingerie, TRF

Here are stocks that are in news today:

IT stocks (TCS, Infosys, Wipro etc) in focus - Accenture
-Releases revenue guidance for Q1 2018 at USD 9.10-9.35 billion

-Sees FY2018 revenue guidance up 5-8 percent

SBI
-Revises interest rate on 1-year retail domestic term deposit less than Rs 1 crore to 6.50 percent for public
-Revises interest rate on 1-year retail domestic term deposit less than Rs 1 crore to 7 percent for senior citizens

-Revised interest rate on 1-year retail domestic term deposit to be applicable from October 1

SBI MD says
-YTD growth of Rs 80,000 crore for deposits upto Rs 1 crore with a tenure of upto 1 year
-Amount of deposits upto Rs 1 crore for 1 year is at Rs 3 lakh crore
-Total deposits at Rs 25 lakh crore
-Have reduced lending rates, therefore, neutral benefit seen on margins
-NBFCs are taking away lending from other public sector banks & not SBI
-Segment of operations of NBFCs are different from some PSU banks
-Don’t expect rate cut from RBI due to macroeconomic data not favourable
-Move from SEBI is good from discipline point of view
-Don’t expect fund flow hit due to SEBI regulations for SME customers
-There is no bar to lend to customers who default for one day

-Cash credit system is unique to India

GAIL - BOBCAPS on CNBC-TV18
-Proposal of unified tariff for GAIL's pipelines a move in right direction
-Expect tariff announcement for GAIL's pipelines to offer stock an upside

-Any incremental tariff hike will directly add to net profit for GAIL

MEP Infra
-Wins contract for collection of toll at all entry points to Delhi

-Gets contract for toll collection in Delhi worth Rs 1,206 crore for 5 years

Nifty Rejig
-Bajaj Finance, HPCL, UPL to be added in Nifty50

-Tata Power, ACC, Bank of Baroda, Tata Motors DVR to be excluded

Other stocks and sectors that are in news today:
-SBI Life Insurance Company to debut on October 3
-Madhya Pradesh Today Media SME listing today
-TRF says proposal to sell 51 percent stake in Adithya Automotive Applications, a material subsidiary of the company
-Ind-Ra has revised BHEL's outlook to stable from negative while affirmed the rating for bank facilities at AA+
-Shreyas Shipping signing of MOA for two vessels
-Lovable Lingerie board to consider buyback of equity shares
-KDDL's subsidiary Ethos has raised Rs 6.9 crore by way of preferential allotment to promoter
-Unsecured, redeemable, non-convertible debentures (NCDs) aggregating to Rs 1,000 crore issued by JSPL
-HCC in focus - Lavasa's lenders invoke strategic debt restructuring
-Idea Cellular moves to Bombay HC against TRAI’s IUC order: BS
-L&T may sell some power and road projects: BS
-LIC sells 2.27 percent stake in Reliance Infra for Rs 263 crore: Mint
-Mindtree gets RBI approval & completes transfer of business of Bluefin Solutions to company
-Godrej Properties to develop residential project in Devanhalli, North Bengaluru
-Cigna TTK Health Insurance gets IRDA nod to raise Cigna Corp’s stake in JV to 49 percent from 26 percent-Lakshmi Vilas Bank revises 1-year MCLR to 9.35 percent with effect from October 1