Bajaj brings back iconic ‘Chetak’ in new avatar
Chetak’s launch marks Bajaj Auto’s foray into the electric two-wheeler segment.
Blog – Grid
in Business
Our aim is to help people drive better: Tapan Singhel
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 […]
in News
Bajaj Electric Standalone June 2019 Net Sales up 13.85% Y-o-Y
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.
in Business
Bajaj Finserv confident of beating market going forward says S Sreenivasan
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 […]
in News
Bajaj Auto to roll out new models this year
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 […]
in News
Sanjiv Bajaj’s new digital game plan
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 […]
Bajaj Auto readying to plug into EV market
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 […]
in News
Bajaj Electricals Q4 net profit up three-fold to Rs 28.5 crore
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 […]
in News
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 investment arm of Bajaj Finserv group is among the leading consumer finance company and has become the second non-banking finance company (NBFC) to cross Rs. 2 trillion in market capitalisation. For more info read the full article.
in Business
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 crore in its net income. The company has achieved 20-25 percent quarter-on-quarter growth in the first three quarters and 15 percent in the last quarter. This is a much higher growth than its peers. The EBITDA margin of […]