Bajaj Finance has appointed Anup Kumar Saha as Managing Director and Rajeev Jain as Vice Chairman, effective April 1, 2025. Jain, whose tenure as Managing Director ends in March 2025, will serve as Vice Chairman for three years. Saha, currently Deputy Managing Director, will take over as Managing Director until March 2028. Jain, with nearly […]
In March, Bajaj Auto led the electric two-wheeler market with 30,133 units sold,capturing a 25.80% market share, followed by TVS iQube (26,481 units, 22.60%) and Ola Electric (22,685 units, 19.40%). Ather and Hero Vida recorded 14,447 and 6,539 units, holding 12.3% and 5.6% market shares, respectively. Despite a 7% drop in overall two-wheeler sales in […]
Bajaj Auto achieved record-breaking two-wheeler sales over the Gudi Padwa weekend, selling 26,938 vehicles, including motorcycles and electric Chetak scooters, marking nearly a sixth of its March registrations. Maharashtra saw unprecedented sales with 4,377 units, a 117% growth from last year, driven by strong demand for the new premium Chetak 35 series. The company’s robust […]
Bajaj Electricals has appointed Sanjay Sachdeva as its new Managing Director (MD) and Chief Executive Officer (CEO), effective April 15, 2025. Sachdeva, who spent over three decades at Hindustan Unilever in key leadership roles across global markets like Brazil, China, and Japan, brings a wealth of experience in marketing, sales, and general management. In his […]
Bajaj Finserv announced it will acquire Allianz SE’s 26% stake in both Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance for ₹24,180 crore, ending their 24-year partnership. Under the deal, Bajaj Finserv will acquire about 1.01% in each company, Bajaj Holdings and Investment Ltd will pick up 19.95%, and Jamnalal Sons Pvt. Ltd will […]
Indef Manufacturing Limited (IML) has been officially listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), marking a key achievement in the company’s growth journey. This milestone was celebrated with the ringing of the opening bell at BSE, attended by key company figures. IML emerged as a separate entity following […]
Bajaj Auto Ltd. has approved an investment of up to €150 million (approximately ₹1,364 crore) in its subsidiary, Bajaj Auto International Holdings BV (BAIH BV) based in the Netherlands, to support its international growth. This investment will be made in various forms such as equity or loans, depending on BAIH BV’s needs, and will be […]
Bajaj Finance and Bharti Airtel have formed a strategic partnership to create a digital platform for financial services. Combining Airtel’s vast customer base of 375 million and extensive distribution network with Bajaj Finance’s diverse financial products, the partnership aims to enhance access to financial services across India. Initially, Bajaj Finance’s retail products will be available […]
Jamnalal Bajaj, the founder of the Bajaj Group, exemplified how business can serve as a catalyst for national progress. Born into modest circumstances, he became a key figure in India’s industrial landscape while deeply integrating his work with the country’s freedom movement. A staunch supporter of Mahatma Gandhi, Bajaj’s business philosophy emphasized using wealth for […]
Bajaj Beyond is thrilled to have served as the Presenting Partner for the prestigious SwaraZankar Music Festival, which took place from January 9th to 12th, 2025, in Pune. This sponsorship, supported by the Rahulkumar Bajaj Charitable Trust, has reinforced Bajaj Beyond’s commitment to promoting India’s rich cultural heritage, particularly its classical music legacy. SwaraZankar is […]
Mumbai, January 7, 2025 – The IMC Ladies’ Wing hosted the 31st edition of the prestigious Jankidevi Bajaj Puraskar, honoring Mrs. Veena Upadhyay for her transformative work in empowering rural artisans and preserving traditional crafts. The ceremony, attended by Shri C.P. Radhakrishnan, Hon’ble Governor of Maharashtra, highlighted the vital role of women’s entrepreneurship in societal […]
Bajaj Finserv Ltd. released a business update ahead of its December quarter earnings. Its subsidiaries, Bajaj Allianz General Insurance Co. and Bajaj Allianz Life Insurance Co., reported premiums of Rs 1,331 crore and Rs 1,055 crore, respectively, for the month. For the April–December period, the general insurance arm’s cumulative premium was Rs 17,112.4 crore, while […]