The Bajaj Allianz Life, an insurance company, plans to allow a good portion of its employees to work from home as we advance. The lockdown and resultant remote working have honed employees’ skills enough to work from home (WFH) efficiently. Mr. Tarun Chugh, Managing Director and Chief Executive Officer at Bajaj Allianz Life, said that […]
The decision of Mr. Rahul Bajaj, The Bajaj Group Chairman, to convert its two-wheeler lending subsidiary into a full-fledged non-banking finance company (NBFC) was a turning point in the fortunes of the 94-year-old group. The financial services of Bajaj Group have crossed market capitalization of around Rs. 3 lakh crore. Mr. Rahul Bajaj, In his […]
Family-owned business practices have been operational for many decades in India. The family business helps people to protect and grow their wealth while ensuring smooth succession planning. Mr. Niraj Bajaj, who manages the operations in the family office at Bajaj Group, says: “I have been handling the Bajaj Family Office for the last 30 years […]
The Sheerose Welfare Foundation has organized a Virtual Women Sports Conference, ‘SHEE-TALK’. The event witnessed top sports promoters, policymakers, renowned women entrepreneurs, sports management companies, and women in sports all under one roof. Mrs. Minal Bajaj, a Guest Speaker and an Honorary Director at Jamnalal Bajaj Foundation, has led many initiatives empowering women. Due to […]
Family-owned businesses are the oldest and most prevalent form of business in India. These businesses are the backbone of a country’s prosperity, representing economic growth. Many companies took birth in India, but only a few have managed to survive the intense competition. Some of these companies started way before independence and, with every passing day, […]
With Rs 30,000 crore, Bajaj Auto beats Hero MotoCorp to clock highest revenue in segment. With the affordable range of bikes, Bajaj Auto is well-positioned to take advantage of the market’s demand. Mr. Rakesh Sharma, Executive Director at Bajaj Auto, said that “given the fear of contracting coronavirus infection, the two-wheeler space could see a […]
Yulu is a dockless, lithium-powered scooter focusing largely on the sub-5 km first- and last-mile connectivity. Bajaj Auto, has invested $8 million (about Rs 57 crore) in bicycle and electric scooter rental startup Yulu. Bajaj is also going to manufacture customised electric scooters for the Bengaluru based startup and will also consider facilitating the vehicle […]
Consumer lending firm Bajaj Finance Ltd on Monday will raise funds through a qualified institutional placement (QIP) at a floor price of ₹4,019.78 per share. QIP is a capital-raising tool, through which listed companies can sell shares, fully and partly convertible debentures, or any securities, other than warrants that are convertible into stocks, to a […]
The Bajaj group are top wealth creators, with a 33.4% jump in combined market value this year. As benchmark equity indices hit fresh all-time highs, stocks of Bajaj group have emerged top wealth creators, with a 33.4 per cent jump in the combined market value so far this year. They beat Ambani, Adani and Tata […]
Reported Standalone quarterly numbers for Bajaj Electricals are: Net Sales at Rs 1,297.78 crore in June 2019 up 13.85% from Rs. 1,139.93 crore in June 2018. Quarterly Net Profit at Rs. 17.40 crore in June 2019 down 57.07% from Rs. 40.53 crore in June 2018. For more details read the full aticle.
One of India’s largest motorcycle manufacturers by volume, Bajaj Auto is set to launch entry-level and mid-level segment motorcycle in the upcoming months. The launch is set to provide fierce competition to its rivals Hero Motorcorp Ltd. and Honda Motorcycle. The move will also play a significant role in boosting the company’s market share. For […]
Over the past few years, online shopping has exploded in India. Bajaj Finserv, India’s largest consumer finance company, is planning to expand their business by leveraging this rising popularity. The company is planning to roll out several initiatives in the upcoming months with a target to generate half of its revenue from digital channels, which […]
Company benefitting from expansion of distribution channels, consumer segment leads growth
Bajaj Electricals posted its year on year March quarter profit which registered a profit of Rs. 28.4...
Bajaj Finance crosses ₹2 trillion market cap as shares hit fresh high
Bajaj Finance marked a new milestone on 21st May 2019. Bajaj Finance Limited, the lending and invest...