17 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

Tech Mahindra: Tech Mahindra agreed to collaborate with Transport Systems Catapult (TSC), to develop Intelligent Mobility solutions that address the growing capacity, operational efficiency and interoperability challenges faced by the UK supply chain and freight and logistics industries. TSC is one of the nine elite technology and innovation centres established by Innovate UK.

Corporation Bank: Corporation Bank further revised its benchmark lending rate by 0.05 per cent to 9.65 per cent.

Reliance Infrastructure Ltd: Reliance Infrastructure has decided to exit the cement business by putting privately held Reliance Cements up for sale.

Aban Offshore Ltd: The company informed BSE that Deep Drilling 1 Pte. Ltd ("DD1PL"), a wholly owned step down subsidiary of the company announces that DD1PL is considering certain amendments to the bond agreement dated December 20, 2011.

Jubilant Life Sciences: The pharma company has received approval from the US health regulator to market Indomethacin capsule used for treating pains.

Dhanlaxmi Bank: Bajaj Allianz Life Insurance and Dhanlaxmi Bank have tied-up for the latter to become a corporate agent of the insurer.

DLF: The company said that its board will meet on October 8 to discuss the recommendations made by a committee on ways to drive the growth of company's rental business worth Rs 2,400 crore.

Tata Motors Ltd: The company has launched its two latest car models in South Africa after a gap of three years in a bid to become a bigger player in the highly competitive market of the country.

NMDC: The company announced it has incorporated a wholly owned subsidiary company by the name Jharkhand Kolhan Steel on 24 September 2015 for development of Steel Plant in the State of Jharkhand through SPV route.

Tata Steel: The company which will commission a three million ton steel plant in Kalinganagar by December, plans to scale up its operations gradually, as per media reports.

Glenmark: In a relief for US drug major Merck Sharp and Dohme, the Delhi High Court today restrained Glenmark Pharmaceuticals from manufacturing and selling its anti-diabetes drugs Zita and Zita-Met, saying it has infringed the patent of the American company.

Cairn India: The Government will reportedly seek a higher share of revenue from Cairn India’s Barmer hydrocarbon block as a pre-condition for extending the production-sharing contract (PSC) for the same by 10 years to 2030.

Apollo Hospitals: Apollo Sugar Clinics Ltd (ASCL), a group company of Apollo Hospitals Group, has opened four single specilaity and diabetes clinics in Vile Parle, Kandivali, Chembur and Tardeo. The company is planning to raise up to Rs.1,000 crore through a rights issue and private equity investment to expand its hospital network and specialty clinics, as per media reports.

Man Industries:The company has announced that it has bagged orders worth Rs. 700 crores. With these new orders, the outstanding order book stands at Rs. 1300 crores to be executed over the next 6-8 months.

KEC International: The company has secured new orders amounting Rs. 6.68 billion in its transmission and distribution and cables business. 

Redington India: Redington (India) Ltd, through its step down subsidiary Redington Gulf FZE, is planning to acquire Turkey-based Oracle distributor Linkplus over a period of time.

Punj Lloyd: The company announced receiving Rs. 488 crore worth of projects in the power sector including its first two wins in the Transmission and Distribution segment.