Repco Home Finance plunges 10% despite robust Q3 numbers

  Shares of Repco Home Financedeclined 10 percent intraday Thursday despite company posted robust numbers for the quarter ended December 2018. The company has reported 31 percent jump in its Q3 net profit to Rs 55.64 crore versus Rs 42.42 crore in the same quarter last fiscal. Revenue jumped 11 percent to Rs 304 crore versus Rs 274 crore. The loans sanctions surged to Rs 805.2 crore, while loans disbursements surged 12 percent to Rs 733.2 crore. The net interest margins and interest spread stood at 4.4% and 3.0% respectively. At…

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Nissan, Renault ally on establishment of Alliance Automobile R&D Company in Shanghai

  Gasgoo reported that Japanese automaker Nissan and its French partner Renault have jointly set up an automobile R&D company in Shanghai, local media reported that the new joint venture, dubbed Alliance Automobile Company, was established on February 4, 2019, involving a registered capital of RMB55 million. Its business scope extends to cover the design and R&D of vehicles’ (including new energy vehicles and intelligent-connected vehicles) software and auto parts as well as relevant technology consultation and services, according to the record from Tianyancha, a Chinese business data search platform.…

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The India Design ID in its seventh edition presents designs from across the country

Can a transistor be a coaster? Can a mug be a pouffe? Taamaa, a lifestyle brand, takes everyday objects and pushes them over the cliff of one’s imagination.   Ripe for Harvest It’s almost like standing on your toes and reaching for that sweet fruit on the tree, as one sees the ‘Mangrove Collection’. Reaching into the past for its memories and imprints, this design collective melds ancient techniques with contemporary minimal designs. Their Shunya Lamp, for instance, invokes the brass craft of the Thathera community, with its elliptical disks…

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