Ad Here  
May
June
July
August
September
October
 
 
Right to privacy – now it’s fundamental! It takes two to tango L&T bags the Mumbai Trans-harbour link order Tata Motors joins compact SUV bandwagon with Nexon Nissan exit shouldn’t affect ALL Maruti – for young buyers L & T’s floating dock for navy Housing demand revival New India Assurance posts impressive show V-Guard launches app-enabled water heater system TVS Automobile invests Rs.75 crore in start-up firms Aurobindo Pharmacy: good turnaround LVB posts 31 per cent growth in Q1 net profit Is this a generation gap? Daimler’s truck exports from Chennai cross 5000 units Eyes strong growth in 2016-17 TN government keen on revival of operations at Nokia complex Rane targets Rs.5500 crore topline by 2018-19 Dish TV – subscriber additions encouraging RoC in the dock... Hyundai India achieves 7 mn production at Chennai factory Record two-wheeler sales Tata gets 4-star rating for Zest Kone India eyes further growth in elevator market Tata Steel, ThyssenKrupp sign MoU to merge European units Sivasankaran enters taxi space to take on Uber and Ola AL introduces Guru & Partner E.I.D Parry (India) Ltd: another sweet year HPCL plans Rs.61,000 crore capex over 5-years IOB on turnaround path ITC – steep excise hike AL wins Deming prize again L&T profit up by 11 per cent The gainers and the losers Smooth sailing of SAIL He excels in the nuts and bolts of entrepreneurship Smartphone onslaught by Chinese brands Hyundai to focus on SUVs and AMT variants Tata Motors charts investments in PV and CV businesses Shriram Life clocks more than Rs.1000 crore premium in 2015-16 A welcome initiative-even critics are recognised Daimler grows sales and share in India Back in growth mode TI Cycles plans retail expansion to drive sales for premium bicycles Toyota and Suzuki to introduce EVs in India by 2020 Gamesa to set up a plant in Nellore Forging industry worried over lower supply of steel and its price Yamaha unveils scooter boutique Emami – a new growth mantra Are they really independent? Solar installations exceed 2015 capacity in five months Preparing for the next growth curve Sundram Fasteners rejigs international Michelin to double Chennai capacity Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Carnival Films acquiring 3000 screens pan India Tata Motors aims to be among the Top 3 global CV & PV firm AL secures orders for 3600 buses When small is not so beautiful… PPP model for infrastructure development Vellayan is back, after 150 days Hindalco – re-rating Mercedes-Benz sales continue to zoom A niche in FMCG business... Ode to Ratan Tata 29 per cent jump in TCS revenues CAPITAL NOTES Titan Company – sales recovery to kick in Bajaj Finserv – Q1: fare well Last stages Land wars Welcome focus to improve rural India... TVS Srichakra plans capacity expansion ITC chairman calls for policy impetus to transform agriculture Singur minus Nano – victory or folly? Wabco launches safety system Increasing market share M & M unveils driverless technology for tractors From the toughest to the best year PSU non-life firms seek to protect share L & T set bigger ambitions in defence business Tata Motors bets on new launches Consolidating leadership position in smartphones The unexpected exit Chinese smart phones flourish in small towns too!
 
Bajaj Finserv – Q1: fare well

Among the 3 key businesses of Bajaj Finserv, general insurance and lending fared well while life insurance remained weak in Q1, FY15. We expect consistent performance from lending and general insurance business to continue and life insurance business growth to pick up in Q2FY15.

 Bajaj Allianz General Insurance: Gross written premium grew 7 per cent YoY, which is higher than private general insurance industry average.

Bajaj Allianz Life Insurance: Business growth was weak due to recent regulatory changes. Management focus on improving persistency is now bearing fruits as decline in renewal premium slowed (down 9 per cent vs. 39 per cent in Q1FY14).

Bajaj Finance: Overall loan growth (AUM up 40 per cent YoY, disbursements up 48 per cent YoY) was much above our estimate led by Consumer and SME segments. However, management expects growth rates to normalise and maintains its earlier guidance of 20-25 per cent business growth for FY15.


Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com