Bajaj Finserv is the most diversified NBFCs in the Indian market. It holds stakes in Bajaj Allianz Life (sixth-largest private insurer (BALIC), Bajaj Allianz General Insurance (BAGIC) (second-largest general insurer), Bajaj Finance (BFL), and Bajaj Financial Solutions. Today, the company has announced to receive in-principle approval from the Securities and Exchange Board of India (Sebi) […]
Mr. Vikram Kirloskar, the Vice-Chairman (India) of Toyota Kirloskar Motor Private Limited, writes on Rahul Bajaj: The chairman emeritus of the Bajaj Group, also a former member of the Rajya Sabha, has been a vocal proponent of domestic manufacturing, making his brand of two-wheelers a household name in India. For more info read the full […]
The IMC Ladies’ Wing – Jankidevi Bajaj Puraskar recognizes, promotes, supports and honours women entrepreneurs working to improve living conditions in rural India. It seems natural that the award was named after Jankidevi Bajaj, for all her pioneering work in the area of rural development. IMC-Ladies’ Wing, every year, felicitates and acknowledges the contribution of […]
The standalone quarterly numbers for Mukand Limited: Net Sales at Rs. 789.73 crore in June 2021 up 158.7% from Rs. 305.27 crore in June 2020. Quarterly Net Profit at Rs. 7.92 crore in June 2021 up 107.77% from Rs. 101.99 crore in June 2020. EBITDA stands at Rs. 44.50 crore in June 2021 up 212.15% […]
The Bajaj Group companies have brought the shares of Mukand Limited worth Rs. 353 crore. The four Bajaj Group companies that have bought the shares of Mukand include Bajaj Sevashram Private Limited, Bachraj & Company Private Limited, Bachraj Factories Private Limited and Sanraj Nayan Investments Private Limited. For more info read the full article.
CitiusTech, a leading provider of healthcare technology services, solutions, and platforms, won the 2021 IMC MQH Best Practice Competition Trophy in the Service Category from the IMC Ramkrishna Bajaj National Quality Award (RBNQA) Trust. Maya Desai, Director, IMC RBNQA Trust, said, ‘”We at the IMC RBNQA Trust are proud to have CitiusTech as the winner […]
The Competition Commission of India (CCI), on July 20th, approved the acquisition of certain equity shareholding of Mukand Ltd by Bajaj Group entities. The proposed transaction envisages the acquisition of up to 16.57 percent of the equity share capital of Mukund by the acquirers – Bajaj Sevashram Pvt Ltd, Bachhraj and Company Pvt Ltd, Bachhraj […]
Mr. Niraj Bajaj was conferred with the “Mumbai Ratna Award” at a ceremony in Raj Bhavan Mr. Niraj Bajaj is amongst India’s most influential businessmen. He is Chairman at Bajaj Auto Ltd., Vice Chairman with Bajaj Holdings and Investment Ltd., and Chairman & Managing Director at Mukand Ltd. His career spans more than 35 years. […]
Focus on premiumization and exports have helped Bajaj Auto to outperform the two-wheeler sector. In Domestic Business, Premium bikes hold ground, where the company witnessed a fundamental change in urban India’s approach as purchases of KTM bikes continued to strengthen in performance. The Domestic three-wheeler segment saw muted volumes due to a hit by the […]
The Bajaj Group joined the list of family-promoted business houses that have hit a market cap of $100 billion — the fourth to do so. The others include Tata, Reliance, and an entrant this year, the Adanis. For more info read the full article.
Bajaj Allianz General Insurance and Bank of India have entered into a corporate agency agreement under which the bank will distribute the general insurer’s products through its network of branches and some other facilities across the country. Bajaj Allianz General Insurance MD and CEO Tapan Singhel said ‘the tie-up with Bank of India provides an […]
Mr. Sanjiv Bajaj, Chairman and Managing Director at Bajaj Finserv, elaborates on How to reboot the Indian Economy and the future of Bajaj Finserv to ET Now. He said, “Bajaj Fin started off as an NBFC, but we leverage tech more than most Fintechs, will see next avatar of Bajaj Fin in Q3 (Sept-Oct 2021), […]