Bajaj Auto Ltd reported a 5% year-on-year growth in total vehicle sales, reaching 421,640 units in November 2024,compared to 403,003 units in November 2023. However, domestic sales, including commercial vehicles, saw a 7% decline, dropping to 240,854 units from 257,744 units last year. In contrast, exports increased by 24%, rising to 180,786 units from 145,259 […]
To promote and propagate Shri Jamnalal Bajaj’s philanthropic vision as also Gandhian ideology of rural development, Jamnalal Bajaj Foundation instituted four Awards. It is given annually to recognize and honour the outstanding contribution of selfless people towards the upliftment and development of the society, rural community and the nation, at large. There are three National […]
At the CNBC 18 Leadership Summit 2024, Rajiv Bajaj, Managing Director of Bajaj Auto, shared valuable insights on leadership, legacy, and longevity, focusing on the company’s remarkable journey of over 75 years. Rajiv Bajaj highlighted the company’s ability to successfully navigate three major transitions—first from being a scooter-centric brand to a motorcycle powerhouse with the […]
The Bajaj family has achieved a significant milestone in the EdelGive-Hurun India Philanthropy List 2024, climbing three ranks to secure the third position with a generous donation of ₹352 crore in FY24. This marks a notable 33% increase from their previous year’s contribution, underscoring their growing commitment to philanthropy. The Bajaj family’s philanthropic efforts, channelled […]
Forbes has unveiled its 2024 “India’s 100 Richest” list, revealing that the collective wealth of the country’s tycoons has exceeded a staggering trillion dollars. The list compiled using shareholding and financial information from families, individuals, stock exchanges, analysts, and regulatory agencies, highlights the significant financial influence of some of India’s most prominent business figures. It […]
Sunaina Kejriwal, the director of the Kamalnayan Bajaj Hall and Art Gallery, passed away in Mumbai on October 5 at the age of 53 after a courageous two-year battle with cancer. A member of the prominent Bajaj family, Sunaina was the daughter of industrialist Rahul Bajaj and the wife of Manish Kejriwal, founder and managing […]
Bajaj Auto and Triumph Motors, having previously launched a successful 400cc motorcycle, are now set to expand their product lineup. On September 17, 2024, they will unveil two new, affordable 400cc bikes based on the Speed 400, which will be manufactured by Bajaj Auto in India. The new models are expected to come in Carnival […]
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 […]
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 […]
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 […]
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 […]
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. […]
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...