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


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