Bajaj Auto Ltd. recently reported a 5% increase in total sales for June and anticipates exceeding industry growth in the first quarter of fiscal 2025. Executive Director Rakesh Sharma highlighted their strong position in the upper half of the market, where they consistently outperform and gain market share. Sharma expects industry growth of 6-8%, citing […]
Bajaj Finance has reported significant growth in its key financial metrics for the first quarter of the fiscal year. The company experienced a notable 10.4% year-on-year increase in new loans, with 109.7 lakh loans issued compared to 99.4 lakh in the same period last year. This growth highlights Bajaj Finance’s expanding customer base, which reached […]
The player draft for the 2024 edition of Ultimate Table Tennis (UTT) is set for July 10 in Mumbai. Notable figures like Bernadette Szocs, Sreeja Akula, Quadri Aruna, and Nina Mittelham will lead the draft, selecting from a pool of 47 players, including eight foreign players, to fill 43 slots across eight teams. Key Indian […]
In June 2024, Bajaj Auto, a leading manufacturer of two and three-wheelers, reported a 5% increase in total wholesales compared to the previous year, reaching 358,477 units. Domestic sales grew by 8% year-on-year (YoY) to 216,451 vehicles, while exports saw a slight 1% rise to 142,026 units. Two-wheeler sales contributed significantly with a 3% increase […]
Chandigarh University and Bajaj Auto Ltd. have entered into a memorandum of understanding to establish a six-month skill development residential programme, aligning with Prime Minister Narendra Modi’s initiative. The programme, named Bajaj Engineering Skill Training (BEST) Centre of Excellence, will be located on the university campus. It aims to bridge the gap between academic learning […]
Ashok Leyland Limited has partnered with Bajaj Finance Limited under an MoU to deliver customized financial solutions to its domestic customers. Bajaj Finance will provide tailored financial packages, including vehicle loans with convenient monthly repayment options, to support Ashok Leyland’s comprehensive range of trucks and buses. K.M. Balaji, Chief Financial Officer at Ashok Leyland, highlighted […]
Bajaj Auto, a prominent Indian two-wheeler manufacturer, is gearing up to launch its highly anticipated CNG-powered bike in India. The motorcycle is scheduled to be unveiled on July 5 in the presence of Rajiv Bajaj, the company’s Managing Director, and Nitin Gadkari, the Minister for Road Transport and Highways. While it is rumored to be […]
Bajaj Auto has launched a new production facility in Manaus, Brazil, focusing initially on assembling and testing Dominar models. Spanning 9,600 square meters, the plant boasts engine and vehicle assembly capabilities with a production capacity of 20,000 units annually on a single shift. The facility, operational within a year of its construction start in June […]
Bajaj Auto, a prominent manufacturer of two and three-wheelers, has significantly expanded its production capacity over the past three years, reaching 7.11 million units by March 2024, up from 6.33 million units in March 2021. Despite a 12% increase in capacity during this period, the company reduced its workforce by approximately 12%, with employment decreasing […]
Tata Motors has entered into a Memorandum of Understanding with Bajaj Finance, aiming to expand financing options across its Commercial Vehicle lineup. This collaboration is set to benefit customers with competitive interest rates, flexible loan choices, and streamlined digital processing. Rajesh Kaul, Vice President & Business Head – Trucks at Tata Motors, expressed optimism about the venture’s […]
Bajaj Auto aims to maintain its current growth trajectory in the domestic market and enhance production capacity for new ventures, anticipating sustained demand in the current fiscal year, as reported by Chairman Niraj Bajaj in the company’s Annual Report for 2023-24. Highlighting the company’s strategic direction, he emphasized efforts towards recovering export volumes amidst a backdrop […]
The Confederation of Indian Industry (CII) orchestrated a poignant tribute on 10th June in Mumbai, marking the launch of book titled “Hamara Rahul – A Tribute to Rahul Bajaj.” This event stood as a heartfelt celebration of the remarkable legacy left behind by Rahul Bajaj, an emblematic figure in Indian industry whose contributions have left an […]