The 42nd Jamnalal Bajaj Award function was held on 2nd December 2019 at The Royal Opera House, Mumbai. Every year the awardees are selected from four categories viz, Outstanding Contribution in the field of Constructive Work, Application of Science and Technology for Rural Development, Outstanding contribution of the Development and Welfare of Women and Children […]
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 […]
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 […]