Stocks in news: Wipro, MCX, Persistent, YES Bank, MCF, IDFC

Greaves Cotton-Closes manufacturing operations at company’s construction equipment business plants due to non-viability-Greaves Cotton says closed construction equipment business plants to avoid incurring further losses

Persistent Systems-Enters into stock purchase agreement with Altizon Systems-To invest USD 100,000 by subscribing to Altizon’s equity shares

SEBI-Grants conditional renewal to MCX-SX for one year-Asks MCX-SX to submit sustainable business plan

Q2 advance tax numbers: Sources-SBI likely to have paid Rs 1,390 crore versus Rs 1,120 crore (YoY)-Bank of India likely to have paid Rs 330 crore versus Rs 270 crore (YoY)-Bank of Baroda likely to have paid Rs 640 crore versus Rs 630 crore (YoY)-BPCL likely to have paid Rs 487 crore versus Rs 202 crore (YoY)-Central Bank of India likely to have paid Rs 231 crore versus Rs 200 crore (YoY)

Wipro says-Saudi Arabia arm wins order from Saudi Electricity Company-Order from Saudi Electricity to expand existing footprint of SAP solution

KS Oils says-Company not involved in negotiations with bidders w.r.t. asset sale-Process of company’s asset sale is being handled by lenders

Circuit filter revision-Gujarat Metallic Coal and Coke From 20 percent to 10 percent-Gujarat State Fertilizers and Chemicals From 20 percent to 10 percent

SBI hikes rates on deposits for 180-210 days to 7.25 percent from 7 percent-SBI cuts rates on deposits for 1-3 years to 8.75 percent from 9 percent-SBI revises interest rates on retail term deposits below Rs 1 croreSBI chairman Arundhati Bhattacharya to CNBC-TV18-Reason for revision in rates is availability of liquidity-Inflation seems to be on downward trend-Will keep reviewing other rates as well-Credit growth remains low, expect it to improve from January

Other stocks and sectors that are in news today:-Competition Commission of India (CCI) clears Kotak Mahindra Bank's acquisition of 15 percent stake in MCX-CCI clears Zuari's open offer for Mangalore Chemical shareholders-L&T Construction wins orders worth Rs 2,050 crore in August-September-IDFC chairman Rajiv Lall says IDFC to begin setting up of holding co soon-SPML Infra board to meet on September 18 to mull fund raising-Sanofi tax case: SC to hear arguments on Rs 1058 crore tax demand on Sanofi (after acquiring Shatha Biotech) in light of retro amendment-GMR Infrastructure board meeting today: To consider, raising of funds through issue of equity shares of the company to its shareholders on a rights basis-DCW board have allotted 37 lakh equity shares to the promoter group on preferential basis at a price of Rs 27/share-Shemaroo Entertainment IPO opens today, closes on September 18-Fitch says banks need over USD 200 billion capital for full implementation of Basel-III capital requirements by March 2019-Department of Telecom pushing to finish broadband project roll out by March 2016-Monte Carlo Fashion gets SEBI go-ahead for its estimated Rs 500 crore IPO