Sectoral and Corporate News Update by Sharetipsinfo

Sectoral Update:
1. Delinquency rates of commercial vehicle loans rise by 20%: Equifax India

2. India post as bank most suited for financial inclusion in rural areas: Assocham

3. Passenger travel expected to increase strongly over year ahead: IATA

4. Slowing credit growth may affect BRICMT bank's asset quality: S&P

5. Indian airline losses in excess of USD 500 mn in Q2: CAPA

Corporate News Update:
1. DLF awards Rs 13.37 bn residential project to L&T

2. L&T bags orders worth Rs 13.33 bn

3. Pratibha Industries bags order worth Rs 3.21 bn

4. Punj Lloyd bags order worth Rs 2.75 bn

5. Sadbhav Engg emerges successful bidder for Rs 2.63 bn project

6. Alstom T&D bags Rs 1.06 bn order from NPGCL

7. Strides arm inks collaboration pact with Bio-Scaffold Int'l

8. Unichem Lab gets USFDA nod for Amlodipine Besylate tablets

9. Tata Chemicals launches FarmGro and FarmGro G for plant growth

10. GAIL signs gas co-operation agreement with Bihar govt

11. Tata Steel launches new facility for rail in Lorraine, France

12. Yes Bank inks pact with Brickwork Ratings

13. DQ Entertainment secures new contracts worth Rs 2.22 bn in Q2

14. Zydus gets USFDA nod to initiate clinical trials for ZYDPLA1

15. Welspun Corp gets shareholders nod to demerge non core biz

16. ICICI Bank arm inks strategic alliance with GCA Savvian

17. Ashoka Buildcon bags three contracts worth Rs 320.7 mn

18. Relinace Jio gets unified licence

19. UK controller to withdraw approval for Wockhardt's Daman plant

20. Tata Steel bags rail track order from UK Network Rail

21. TTML denies merger talks with Tata Teleservices

22. JB Chemicals receives USFDA approval for Tinidazole

23. MBSL emerges as largest solar EPC player in India

24. TCS signs multi-mn deal with Bombardier Transportation

25. AIA Engineering acquires 1.21% in Welcast Steels

26. Ranbaxy receives CDSCO nod to market Synrian in India

27. Greaves Cotton arm unveils auxiliary power solutions

28. Tata Power arm commissions 10MW solar plant in Karnataka

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