Bajaj Auto to become majority owner of KTM through fresh funding and debt restructuring support, aiming to revive the brand and strengthen its premium bike presence
Bajaj Auto's Netherlands-based subsidiary BAIHBV will take control of Austria's KTM as part of a revival and debt restructuring effort approved by an Austrian court
At the time of stepping down, he had said, "I believe now is the time for me to pursue my other interests and commitments"
Madhur Bajaj, non-executive director at Bajaj Auto Ltd, died at a hospital here on Friday morning, according to company sources. He was 63. Bajaj had been admitted to Breach Candy Hospital in South Mumbai a few days back due to a health issue, the sources said, adding that he suffered a stroke two days ago. He died at the hospital around 5 am on Friday, they added. Further details are awaited.
The Chetak was originally introduced in the 1970s, when it had a strong presence in the Indian scooter market for several decades
Ola Electric has attributed part of its struggle to an ongoing dispute with a vendor responsible for facilitating registrations, arguing that its actual sales figures are higher
The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically
According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market
Stocks to Watch on Wednesday: Bajaj Auto, BPCL, GR Infra, Paytm, LIC, Zydus Lifesciences are among the top stocks to watch today, March 19, 2025
This investment is intended to support BACL's projected growth in assets under management (AUM) for the financial year 2025-26
Bajaj Auto share price: In February 2025, Bajaj Auto sold 1,46,138 units of two-wheelers in the domestic market, which was 14 per cent lower than 1,70,527 units of two-wheelers sold in February 2024
Technical chart shows that in past the 100-Week Moving Average acted as strong support zone; sustained trade below the same can trigger a further 14% slide on Bajaj Auto stock; key levels to track.
These two-wheeler makers' stocks have plunged between 40 per cent and 66 per cent from their respective 52-week highs
KTM AG filed for court restructuring proceedings with self-administration on November 29, 2024
Bajaj Auto Ltd on Friday said its board has approved an investment of up to Euro 150 million (Rs 1,364 crore) in its wholly-owned arm, Bajaj Auto International Holdings BV, Netherlands, to fund the needs of the latter towards investment opportunities. The board of directors at its meeting held on Friday have accorded approval to invest funds up to Euro 150 million in Bajaj Auto International Holdings BV, Netherlands (BAIH BV), the company said in a regulatory filing. The investment could be either in the form of equity capital, preference capital, loan -- convertible or otherwise, as may be determined in the due course, in one or more tranches, it added. The capital infusion will be made in one or more tranches depending on the fund requirements up to March 31, 2026, the company said. BAIH BV is a wholly-owned subsidiary of the company and is engaged in the business of investment. "The additional capital infusion by the company is to fund the needs of BAIH BV towards investment ..
Bajaj Auto is gearing up to enter the domestic e-rickshaw segment by the end of this fiscal to tap a 'sizable opportunity' in a fast-growing but highly unorganised market, according to a top company official. The company expects to get regulatory clearances towards the end of the ongoing quarter for its e-rickshaw that will enable it to enter the segment which is about 45,000 units a month, Bajaj Auto Executive Director Rakesh Sharma told analysts. "By the end of this financial year, we also intend to launch a modern 'e-rick', which will set an absolutely new standard in the segment and bring a very high level of satisfaction to both owners and passengers. The e-rick segment is almost as large as the auto segment and the new e-Rick should generate new business, he said. When asked for the exact timeline, Sharma said, "We expect to launch the e-rick by the end of this quarter, let's say, by the end of the FY25 fiscal. By the time all the permissions are through, it may just spill ov
Ola Electric's twin gamble of offering attractive discounts throughout the month, along with its substantial expansion in distribution
Bajaj Auto Ltd on Friday said it has been imposed penalty and interest of over Rs 10 crore by the tax authority in a matter related to differential GST on classification of instruments cluster and will legally challenge it. The Joint Commissioner, Central GST, Pune -- II Commissionerate passed an order confirming classification of instruments cluster under HSN code 8708/8714 for the period July 2017 to March 2022, as against classification of 9029 adopted by the company, Bajaj Auto said in a regulatory filing. "The order has confirmed demand of differential GST amounting to Rs 10,03,91,402. The Joint Commissioner has appropriated and adjusted the said demand against the tax deposited by the company," it said. Bajaj Auto further said, "the order has also confirmed applicable interest and equivalent penalty of Rs 10,03,91,402 and general penalty of Rs 25,000, resulting in an overall penalty of Rs 10,04,16,402." The company said it "believes that the order passed by the Joint ...
Here's a technical outlook on 5 largecap stocks post Q3 results. Charts hint towards a positive bias for Bajaj Finance and Bajaj Auto; whereas a likely fall for Maruti, Tata Motors and Dr. Reddy's.
Despite the strong export performance, the overall Q3 results were seen as somewhat lacklustre, leading to mixed reactions from brokerages