Bajaj Finance announced a jump of 34.62% in revenue and 32% in profits for the quarter ending June 2023 with total revenues of Rs. 12,501 crores and a net profit of Rs. 3,437 crores, pushed higher by a 26% rise in Net Interest Income (NII) to Rs. 8,398 crores. The number of new loans booked […]
Triumph Motorcycles, in partnership with Bajaj Auto recently introduced Speed 400 and the Scrambler 400X roadsters in the Indian market. The brand confirmed that Triumph Speed 400 and the Scrambler 400X received an order book of 17,000 units. The production of the Triumph Speed 400 has already commenced at Bajaj Auto’s Chakan manufacturing facility in […]
Two-wheeler maker Bajaj Auto reported a 42% rise in its net profit to ₹1,665 crore in the June quarter, primarily driven by motorcycle sales in the domestic market, which managed to offset the impact of challenging conditions in the export markets. The firm posted domestic volume growth of 73% from a year ago in April-June. […]
Bajaj Allianz Life, a leading private life insurer, has announced its collaboration with ace cricketer, Shubman Gill, to take forward its brand journey. Shubman’s pursuit towards achieving excellence across all formats of the game aligns with our holistic aspirations of being a preferred Life Goal enabler of Indians through value-packed products and customer-centric services and […]
Bajaj Allianz General Insurance has decided to hold a “Festival of General Insurance” in Pune on July 3, where it will recognize outperforming insurance advisors. The General Insurance Festival of India (GIFI) will see the institution of the GIFI Awards for top-rated general insurance agents. The judging panel for the GIFI awards include Dr. S […]
With the aim of delivering better customer services to its non-resident Indian (NRI) population in the Middle East, Bajaj Allianz Life Insurance is opening its first representative office in Dubai. With a sizeable NRI customer base in the GCC region, Bajaj Allianz Life customers, with products ranging from protection, investments, savings, and retirement, will find […]
Bajaj Housing Finance has extended its maximum home loan tenor to 40 years from 30 years for salaried applicants, who are new home buyers. With the change in the tenor, Bajaj Housing Finance now offers equated monthly installments (EMI), starting at just Rs 733 per lakh. Bajaj Housing Finance’s revised tenor capping is subject to […]
Bajaj Finserv launched its mutual fund (MF) business on (June 6, 2023). The non-banking financial services company got capital markets regulator SEBI’s approval in March for its MF business, and it will be operated under Bajaj Finserv Mutual Fund. This is India’s 43rd asset management company (AMC). Bajaj Finserv has already received SEBI’s approval to […]
The Maharashtra government has signed a Memorandum of Understanding with Bajaj Finserv under which the non-banking finance company will invest Rs 5,000 crore in Pune which is expected to create 40,000 jobs, Deputy Chief Minister Devendra Fadnavis said on 3rd June 2023. After signing the MoU, Fadnavis said Pune was gradually becoming a hub for […]
Suzuki Motorcycle India Private Limited (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, has announced a memorandum of understanding (MoU) with Bajaj Finance Limited (BFL) to offer convenient and hassle-free financing options to customers purchasing Suzuki two-wheelers. BFL, the lending arm of Bajaj Finserv Limited, a leading financial services group in India, will provide […]
Bajaj Electricals is planning to increase its play in the premium range in appliances and other segments and expects the revenue contribution from upscale products to rise as it has lined up several new launches. The company has recently launched a new brand under name “Nex” to target upscale urban consumers with its premium range […]
The IMC Ramkrishna Bajaj National Quality Awards (RBNQA) was instituted in 1996 to give special recognition to performance excellence in Indian organizations. It is based on the Customer-Focused Baldrige Model. Shri Ramkrishna Bajaj, a Gandhian, whose motto was “Trust in Quality and Business Ethics” has not only led the Bajaj Group to higher pinnacles of […]
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...