November 17: Ratings upgrade reflection of all long term structural decisions taken by Government, says Nilesh Shah of Envision Capital.
November 16: Looking towards retirement after a very successful business career, some people would look to invest in a pension, but for self-made man & true patriot Roy Richards, collecting classic British motorcycles was the way forward. On this episode of The Auto Show, we take a look at world’s biggest collection of British motorcycles as we visit The National Motorcycle Museum in UK.
November 16: Eicma, or The Milan Motorcycle Show is an annual trade show in Milan, Italy featuring motorcycles. On this episode of The Auto Show, we take a look at some of the most popular launches that took place recently at Eicma.
November 16: Reliance Life Nippon AMC does not have any exposure in debt, equity to Reliance Communication, says Sundeep Sikka, ED & CEO of Reliance Nippon Life AMC.
November 16: Plan to list general insurance business in coming quarters, says Amit Bapna, CFO at Reliance Capital.
November 16: Expect Q3, Q4 of FY18 to better as co is completing a few old contracts, says Ravi Jhunjhunwala, CMD of HEG.
November 16: Expect smog to reduce further as cleaner air to reach Delhi, NCR Region and Western UP says Mahesh Palawat of Skymet.
November 16: 5Paisa Capital makes weak debut on bourses. The stock has hit 5% lower circuit soon after it was listed on the exchanges. BTVI’s Priyanka Gawande caught with Prakarsh Gagdani, CEO at 5Paisa Capital where he spoke about company's growth outlook.
November 16: On this week’s Beyond the Bottomline, BTVI’s Neha Tyagi puts the spotlight on Arvind. She caught up with the management who aims to open 200 stores in the next year.
NEW INDIA ASSURANCE Q2 REVIEW
PAT at Rs 748 Cr Vs Rs 260 Cr, up 187%
Gross Premium written at Rs 6489 Cr Vs Rs 5784 Cr, up 12.18%
Solvency Margin at 2.24x Vs 2.04x
CARE RATINGS Q2 REVIEW
Revenue From Ops at Rs 91 Cr Vs Rs 81 Cr, Up 12.4% YoY
PAT at Rs 48.3 Cr Vs Rs 47.4 Cr, Up 2% YoY
Operating Profit up 10.5%
Addition of 1077 new clients 2410 issue rated during the quarter
WONDERLA HOLIDAYS Q2 REVIEW
Net Sales down 0.6% at Rs 51.2 Cr Vs Rs 51.4 Cr
EBITDA up 9% at Rs 12.9 Cr Vs Rs 11.8 Cr
EBITDA Margin at 25.2% Vs 23%
Net Profit down 38% at Rs 2.3 Cr Vs Rs 3.7 Cr
Tax rate at 35% Vs 3.8%
All numbers compared on YoY unless specified otherwise