View of the brokerage- MHCV slowdown resulting in slower disbursements: The domestic MHCVs are showing tepid demand due to high base effect, rural distress, changes in axle norms, leading to surplus capacity and slowdown in real estate. Although the implementation of BSVI emission norms may drive some pre-buying for CVs, the used CV segment is at a downturn as driver-owner is …

RELHF’s loan book grew by 26% YoY to INR 156.4bn (lower than CSEC’s estimate of 47%). However, the book declined by 4.5% sequentially. Growth in AUM came predominantly from Construction finance and individual loans segments which grew by 25% and 21% YoY respectively. The management expects its AUM to grow by 45% CAGR over FY19-21E. Self employed segment, being the …

Cholamandalam Securities’ research report on Repco Home Finance   RHFL’s loan book grew at moderate rate (10.3%YoY, 3.9%QoQ) to INR 99bn on the back of higher disbursements (27.7% YoY, 29.2% QoQ). In 4QFY18, Sanctions grew by 32.2% YoY (19.4% QoQ) which poses healthy loan growth trajectory for coming quarters. The management expects loan book to grow by ~20% in FY19E (15% …

A female Nintendo employee has been fired after months of harassment from gamers who blamed her for censorship—but the company says her firing has nothing to do with her being targeted by the “GamerGate” campaign, the Verge reports. “I am no longer a good, safe representative of Nintendo, and my employment has been terminated,” Seattle-based worker Alison Rapp tweeted on Wednesday, adding that the …

owe my existence to skiing. At least that’s what my grandparents believed. Just before the Second World War they fled Prague for England with other Czech Jews, and after travelling across the border by train, stopped at a hotel for the night. Everyone was understandably tired and most went to bed early. But my grandfather stayed at the bar and, …