Stocks in the news: Infosys, ICICI Lombard, Sun Pharma, Divis, Den Networks, Petron Engg

-Introduces 2-tier saving bank interest rate with effect from October 1

-For balances less than Rs 40 lakh, interest rate set at 3.5 percent per annum

-For balances of Rs 40 lakh & above, interest rate unchanged at 4 percent per annum

-Expect single digit decline in consolidated revenues in FY18 over FY17

-Halol plant awaiting re-inspection by USFDA

-In process of transferring drug Elepsia and Xelpros from Halol to another site

-Firm failed to test individual batches of final API with conformity with all appropriate specifications

-Lab failures not thoroughly investigated

-Review on analytical incident/excursion investigations

-Failed to validate the manufacturing cleaning length of time

-No adequate cleaning instructions for major equipment

-Batch records not always recorded

-US FDA inspected Divi's Vizag unit 2 during September 11-19

-BSE will suspend trading in Bio Green Papers, Gujarat Carbon & Industries

-BSE will suspend trading in Malwa Cotton Spinning Mills, Suryachakra Power Corp

-BSE will suspend trading in Unimers India, VKS Projects & Visu International

-Trading in securities of companies will be suspended due to non-compliance with SEBI norms

-RBI to be uncomfortable with giving Ajay Piramal more than 5 percent stake in IDFC Bank

Alert: 90-day exclusivity period for IDFC, Shriram Group merger talks ends October 9

-Reliance Communications versus Ericsson case in NCLT adjourned till October 6

-Reliance Communications will file its reply to Ericsson's petition before next hearing

-Cadila Healthcare's Zydus gets US FDA nod for Indomethacin capsules

-Listing - ICICI Lombard General Insurance

-TVS Motor Company's Jupiter crosses 2 million sales mark in 4 years

-Blue Star forays into engineering facility management

-IDBI Bank initiates project Nischay in partnership with Boston Consulting Group

-JSW Energy to set up Rs 4,000 crore electric car manufacturing plant in Gujarat: BS

-NMDC to seek major investor in its first steel plant: BS

-Edelweiss board approves to raise Rs 2,000 crore

-Infosys senior VP and head of tech Navin Budhiraja quits: Mint

-Under investor's pressure, IDFC and Shriram to redraw merger formula: ET

-HUL enters e-commerce business with premium tea and teaware: ET

-L&T Finance puts Rs 150 crore in Pune housing project: ET

-Reliance Industries in talks to acquire Den Networks for a valuation of Rs 2,000 crore: ET

-PE big guns like TPG, Blackstone in race for Monnet Ispat: ET

-United Spirits settled Pioneer Distilleries case with SEBI

-Petron Engineering received order worth Rs 280 crore from JSW Steel

-NCLT approves merger of subsidiaries of MT Educare

-APL Apollo Tubes - NCLT approved merger with Lloyds Line Pipes

-Geojit Financial Services approved increase in authorised share capital of company

-Wipro partners with Cloudgenix Inc to offer open & managed SD-Wan services

-SRK Industries approves MoU with Rashabraj Infra LLP to buy land for about Rs 27 crore

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.