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Bajaj Family Ranks #10 on Forbes India’s 2024 Richest List

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 […]

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Remembering Sunaina Kejriwal: A Champion of Art and Philanthropy

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 […]

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Bajaj-Triumph to Launch New Affordable 400cc Motorcycle on September 17th

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 […]

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Mukand Limited Unveils Advanced 16 TPH Boiler to Power Future Growth and Sustainability

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 […]

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Bajaj Housing Finance draws bids worth $39 bln in hottest India IPO this year

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 […]

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Mukand Limited Appoints Mr. Neeraj Kant as CEO Designate

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 […]

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Bajaj Housing will not need more capital in the next few years: Sanjiv Bajaj

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 […]

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Ultimate Table Tennis 2024: Thiru Udhayanidhi Stalin Inaugurates 17 Days Of Thrilling Action in Chennai

The Ultimate Table Tennis 2024 (UTT) was officially launched yesterday by Tamil Nadu’s Minister for Youth Welfare and Sports Development, Thiru Udhayanidhi Stalin, at the Jawaharlal Nehru Indoor Stadium. The event, spanning 17 days, is set to engage table tennis fans nationwide. During the inauguration, the Minister revealed the UTT winners’ trophy, and was joined […]

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Bajaj Auto receives approval for 13 vehicles under PLI scheme: Exclusive

Bajaj Auto has received approval for production-linked incentives (PLI) for all 13 vehicles it applied for, making it the only company to achieve this across its full range of products. The approval includes both two- and three-wheelers, with Bajaj Auto meeting the domestic value addition criteria. The PLI scheme for the automobile sector was significantly […]

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Bajaj Electricals: Sailing the winds of change

On July 22, 2024, Shekhar Bajaj, Chairman of Bajaj Electricals, addressed concerns following the abrupt resignation of Managing Director and CEO Anuj Poddar on July 17, which led to a 6 percent drop in the company’s stock. In a subsequent investor call, Bajaj reassured stakeholders that the company is guided by a strong strategy, not […]

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Sebi gives go-ahead to Bajaj Housing Finance’s ₹7,000 crore IPO

Bajaj Housing Finance, a non-deposit taking housing financier, filed a draft prospectus for a ₹7,000 crore IPO in June 2024, as required by RBI regulations for listing upper-layer non-banking finance companies (NBFC-UL) by September 2025. The IPO includes a fresh issue of shares up to ₹4,000 crore and an offer for sale of up to […]

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Bajaj Electricals appoints Vishal Chadha as chief operating officer – consumer products

Bajaj Electricals Limited has appointed Vishal Chadha as Chief Operating Officer of its Consumer Products division. Chadha, who has over 28 years of experience with companies like Britannia, Nokia, Snapdeal, and Kohler, will bring his expertise in Sales, Category Management, Marketing, and General Management to the role. Chairman Shekhar Bajaj and MD & CEO Anuj […]

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