webadmin, Author at Bajaj Group

in News

Mukand Limited Unveils Advanced 16 TPH Boiler to Power Future Growth and Sustainability

Mukand Limited has inaugurated a new state-of-the-art 16 TPH boiler at its facility, replacing the previous 14 TPH unit. This upgrade enhances the plant’s steam generation capacity to meet increasing demand and supports future expansion plans. Manufactured by Thermax Ltd., the advanced boiler features the latest safety systems and operates using a sophisticated PLC logic […]

in News

Bajaj Housing Finance draws bids worth $39 bln in hottest India IPO this year

Bajaj Housing Finance, a unit of Bajaj Finance, has garnered significant interest in its IPO, attracting bids worth approximately $38.60 billion—about 64 times the shares available. This high demand makes it the most sought-after major public listing of the year in a booming IPO market. With a $782 million IPO valuing the company at $7 […]

in News

Mukand Limited Appoints Mr. Neeraj Kant as CEO Designate

Mukand Limited, a prominent manufacturer of stainless steel long products, has appointed Mr. Neeraj Kant as CEO Designate. With 38 years of experience in the steel industry and a strong academic background-including a Chemical Engineering degree from IIT Kanpur and an MBA from Edinburgh University-Mr. Kant is well-equipped to lead Mukand into a new era […]

in News

Bajaj Housing will not need more capital in the next few years: Sanjiv Bajaj

Bajaj Housing Finance Ltd will not need additional capital for its growth in the coming years following its recent IPO, which raised ₹6,560 crore. Sanjiv Bajaj, CMD of Bajaj Finserv and chairman of Bajaj Housing Finance, stated that the company aims to develop a business model similar to HDFC’s, focusing on excellence and scale. This […]

in Heritage, News

Minal Bajaj Joins Advisory Board of Satyarthi Movement for Global Compassion

Minal Bajaj, Honorary Director at the Jamnalal Bajaj Foundation, has joined the Advisory Board of the Satyarthi Movement for Global Compassion (SMGC). This global movement, born from the legacy of Nobel Peace Laureate Kailash Satyarthi, is dedicated to igniting ‘Compassion in Action’ worldwide, building on his four decades of groundbreaking efforts as a social reformer. […]

in News

Ultimate Table Tennis 2024: Thiru Udhayanidhi Stalin Inaugurates 17 Days Of Thrilling Action in Chennai

The Ultimate Table Tennis 2024 (UTT) was officially launched yesterday by Tamil Nadu’s Minister for Youth Welfare and Sports Development, Thiru Udhayanidhi Stalin, at the Jawaharlal Nehru Indoor Stadium. The event, spanning 17 days, is set to engage table tennis fans nationwide. During the inauguration, the Minister revealed the UTT winners’ trophy, and was joined […]

in News

Bajaj Auto receives approval for 13 vehicles under PLI scheme: Exclusive

Bajaj Auto has received approval for production-linked incentives (PLI) for all 13 vehicles it applied for, making it the only company to achieve this across its full range of products. The approval includes both two- and three-wheelers, with Bajaj Auto meeting the domestic value addition criteria. The PLI scheme for the automobile sector was significantly […]

in News

Bajaj Electricals: Sailing the winds of change

On July 22, 2024, Shekhar Bajaj, Chairman of Bajaj Electricals, addressed concerns following the abrupt resignation of Managing Director and CEO Anuj Poddar on July 17, which led to a 6 percent drop in the company’s stock. In a subsequent investor call, Bajaj reassured stakeholders that the company is guided by a strong strategy, not […]

in News

Sebi gives go-ahead to Bajaj Housing Finance’s ₹7,000 crore IPO

Bajaj Housing Finance, a non-deposit taking housing financier, filed a draft prospectus for a ₹7,000 crore IPO in June 2024, as required by RBI regulations for listing upper-layer non-banking finance companies (NBFC-UL) by September 2025. The IPO includes a fresh issue of shares up to ₹4,000 crore and an offer for sale of up to […]

in News

Bajaj Electricals appoints Vishal Chadha as chief operating officer – consumer products

Bajaj Electricals Limited has appointed Vishal Chadha as Chief Operating Officer of its Consumer Products division. Chadha, who has over 28 years of experience with companies like Britannia, Nokia, Snapdeal, and Kohler, will bring his expertise in Sales, Category Management, Marketing, and General Management to the role. Chairman Shekhar Bajaj and MD & CEO Anuj […]

in News

Bajaj Auto’s Chetak electric scooter surpasses 20,000 bookings in July 2024

Bajaj Auto announced that its Chetak Electric Scooter surpassed 20,000 bookings in July 2024, boosted by the launch of the new Chetak 2901 variant priced at ₹95,998 (ex-showroom Bangalore). This increase is attributed to the expansion of Chetak Experience Centres and dealerships into Tier 2 towns, enhancing availability. The Chetak Electric Scooter is now sold […]

in CSR

Empowering India’s Cultural Tapestry: Minal Bajaj Joins NCPA Theatre Advisory Committee

Minal Bajaj, serving as the Honorary Director of the Jamnalal Bajaj Foundation, has taken on a pivotal role as a member of the Theatre Advisory Committee at the National Centre for the Performing Arts (NCPA). This collaboration signifies a significant milestone as the NCPA Theatre and Films Department partners with the Bajaj Group Charitable Trust […]

All posts by: webadmin