Bajaj Finance bagged the Company of the Year at the Economic Times Award for Corporate Excellence 2019 held in Mumbai on 30th November, 2019. Sanjiv Bajaj along with Managing Director & CEO of Bajaj Finserv Ltd., Rajeev Jain received the Company Of The Year Award given to Bajaj Finance. Click here to see the video.
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 […]
Chetak’s launch marks Bajaj Auto’s foray into the electric two-wheeler segment.
Private general insurer Bajaj Allianz General Insurance launches a USB-based telematics device to monitor car usage and driver behaviour, which is the first such product in the sector. Tapan Singhel, Managing director and chief executive officer of Bajaj Allianz General Insurance, in an interview with M Saraswathy, talks about this and their business plans. For […]
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.
We are a very small part of the whole lending system and therefore the size of the opportunity is very large, says S Sreenivasan, Chief Financial Officer, Bajaj Finserv. Excerpts from an interview with ET NOW. General insurance growth has been fairly strong. We have grown 17% on the gross return premium. However, on the […]
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 […]
India’s third-largest two-wheeler manufacturer, Bajaj Auto, is foraying into new territories. The company which was dominating in both domestic and international markets is now set to venture into the field of electric mobility. The company’s first ever electric two-wheeler is set to be launched later this year under it’s new vertical called Urbanite, which aims […]
Bajaj Electricals, the vertical under Bajaj Group of Companies, posted an astounding profit at the end of Q4. They achieved a 290 percent year-on-year (YOY) growth in its March quarter net profit at Rs. 25.84 crores. The gross sales rose to Rs. 1,759.38 crores thereby registering a growth of 10.2 percent YOY. For more info […]