Focus on premiumization and exports have helped Bajaj Auto to outperform the two-wheeler sector. In Domestic Business, Premium bikes hold ground, where the company witnessed a fundamental change in urban India’s approach as purchases of KTM bikes continued to strengthen in performance. The Domestic three-wheeler segment saw muted volumes due to a hit by the […]
The Bajaj Group joined the list of family-promoted business houses that have hit a market cap of $100 billion — the fourth to do so. The others include Tata, Reliance, and an entrant this year, the Adanis. For more info read the full article.
Bajaj Allianz General Insurance and Bank of India have entered into a corporate agency agreement under which the bank will distribute the general insurer’s products through its network of branches and some other facilities across the country. Bajaj Allianz General Insurance MD and CEO Tapan Singhel said ‘the tie-up with Bank of India provides an […]
Mr. Sanjiv Bajaj, Chairman and Managing Director at Bajaj Finserv, elaborates on How to reboot the Indian Economy and the future of Bajaj Finserv to ET Now. He said, “Bajaj Fin started off as an NBFC, but we leverage tech more than most Fintechs, will see next avatar of Bajaj Fin in Q3 (Sept-Oct 2021), […]
Bajaj Auto reported 114 percent growth in its total vehicle sales at 2,71,862 units in May 2021 compared to 1,27,128 units that occurred the same month last year. The total domestic sales logged 52 percent growth at 60,830 units compared to 40,074 units sold in May 2020, while the total exports spiked 142 percent to […]
Bajaj Finserv Ltd announced a comprehensive family assistance program named “Together as One” to extend support and financial assistance to families of employees who have passed due to the Covid-19 pandemic. The program aims to provide financial aid to the families of deceased employees by supporting their children’s education till graduation, extended medical insurance coverage, […]
Bajaj Auto has announced a slew of measures to help its employees in these tough times amid the second wave of the Covid-19 pandemic. The automaker has said that it will provide monetary support to the families of its employees for up to two years in case of death due to Covid-19. In the Linkedin […]
The Corona crisis saw a huge increase in online and digital payments. To match with the market demand, Bajaj Finance strives to expand its digital finance capability by launching ‘Bajaj Pay’. A semi-closed Prepaid Payment Instruments (PPI) is effectively a digital wallet one through which transactions can flow to merchants and establishments. On this milestone, […]
Bajaj Group has stood firm with communities, government, and local authorities to make a positive difference in society. In the ongoing fight against COVID-19, Bajaj Group pledge to donate Rs.200 crore. This contribution is in addition to Rs. 100 crore donated by the Bajaj Group last year. For more info read the full article.
Bajaj Electricals Ltd. has bought the remaining stakes of Starlite Lighting Ltd for cash consideration of around Rs. 60 crores. The Starlite Lighting Ltd (SLL) manufactures different consumer electrical products, including lighting products like compact fluorescent lamps (CFLs) and light-emitting diode (LED) and consumer electrical appliances. For more info read the full article.
To establish its footprint in the international market, Bajaj Auto announced expanding globally with the two-vehicle design centers in Europe and Thailand, followed by an assembly plant in Brazil. For more info read the full article.
The Bajaj Auto reported 1.7 per cent year-on-year rise in its net profit to Rs 1,332.1 crore for the quarter ended March 2021. For more info read the full article.