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 […]
Bajaj Auto said on Thursday that its total sales stood at 2,28,401 vehicles in the domestic market last month. That was more than double compared with sales of 1,12,308 vehicles in the corresponding period a year ago. Its total two-wheeler sales (domestic + exports) grew 23 % to 3,07,696 units in May 2023, compared to […]
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 […]
Today a large segment of the population has been diagnosed with diabetes, and they find it difficult to get term life insurance due to their health condition. Hence, to cater to such a need, Bajaj Allianz Life, a private life insurer, has launched an exclusive Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c. This […]
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 […]
Indian Merchants’ Chamber (IMC) Ladies Wing has announced the invitation for nominations for the 30th Jankidevi Bajaj Puraskar – 2023 for woman rural entrepreneur. Jankidevi Bajaj Puraskar was instituted in 1993 – the birth centenary of Smt. Jankidevi Bajaj (1893-1979), with an objective to encourage and develop business entrepreneurship in rural India by recognising outstanding […]
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 […]
Bajaj Finance, the lending arm of Bajaj Finserv, has increased the interest rates on fixed deposits, with the rate for senior citizens hiked to 8.20% for a tenure of 44 months. The company has hiked FD rates by up to 35 basis points, for tenures between 15 months to 23 months, with effect from March […]
Leading two-wheeler brand Bajaj Auto is launching its first bike in London soon. The company first announced its partnership with British motorcycle brand Triumph in 2017.Till now, Africa and South America have been the major export regions of the auto manufacturer. With partnerships with iconic brands like UK’s Triumph, the company is aiming to become […]
According to Sanjiv Bajaj, Chairman & Managing Director of Bajaj Finserv, Bajaj Finance, plans to enter the micro loan category by 2025, expanding its focus beyond the middle class. “We do plan in the next couple of years to get into microfinance segment. We are now doing all branded two wheelers now. In the next […]
Bajaj Electricals’ EPC division has bagged a contract worth ₹564.87 crore from South Bihar Power Distribution Company Ltd (SBPDCL). The contract is for supply of goods and services by South Bihar Power Distribution Company Ltd (SBPDCL), a domestic entity, under the Revamped Distribution Sector Scheme (RDSS), the company said in a regulatory filing. The work […]
Financial services company Bajaj Finserv has received the final registration from the Securities and Exchange Board of India (SEBI) to start its mutual fund business operations under Bajaj Finserv Mutual Fund. Bajaj Finserv Mutual Fund, with Bajaj Finserv Asset Management Limited (BFAML) as the Investment Manager, will soon offer a range of mutual fund products […]