Bajaj Finserv Ltd. released a business update ahead of its December quarter earnings. Its subsidiaries, Bajaj Allianz General Insurance Co. and Bajaj Allianz Life Insurance Co., reported premiums of Rs 1,331 crore and Rs 1,055 crore, respectively, for the month. For the April–December period, the general insurance arm’s cumulative premium was Rs 17,112.4 crore, while […]
Bajaj Finance, a leading NBFC in India, reported strong growth in its October-December quarter business update for FY25. Its assets under management (AUM) increased by 28% YoY to Rs 3.98 lakh crore, with a growth of Rs 24,100 crore during Q3. The company’s deposit book grew by 19% to Rs 68,800 crore. Bajaj Finance also […]
In December 2024, Ola Electric’s market share in the electric two-wheeler segment dropped below 20%, ceding its leadership position to Bajaj Auto. According to Vahan data, Bajaj Auto led the market with nearly 25% share, selling 18,276 units, while TVS Motor claimed the second spot with 23.48% share and 17,212 units sold. Ola Electric, with […]
Bajaj Auto has been named Outstanding Company of the Year at the India Business Leader Awards 2024, highlighting its significant achievements since its founding in 1926. As a global leader in the two-wheeler and three-wheeler market, Bajaj Auto has made its mark with innovative and reliable vehicles serving millions worldwide. In FY24, the company generated […]
Bajaj Auto is set to launch the next-generation Chetak e-scooter on December 20, 2024, following a successful run for the current model, which ranks among the top three in the growing e-scooter market. Marketed as “The Best Chetak Yet,” the new version promises major enhancements over its predecessor. Since its 2020 debut, the Chetak has […]
Bajaj Auto Ltd reported a 5% year-on-year growth in total vehicle sales, reaching 421,640 units in November 2024,compared to 403,003 units in November 2023. However, domestic sales, including commercial vehicles, saw a 7% decline, dropping to 240,854 units from 257,744 units last year. In contrast, exports increased by 24%, rising to 180,786 units from 145,259 […]
To promote and propagate Shri Jamnalal Bajaj’s philanthropic vision as also Gandhian ideology of rural development, Jamnalal Bajaj Foundation instituted four Awards. It is given annually to recognize and honour the outstanding contribution of selfless people towards the upliftment and development of the society, rural community and the nation, at large. There are three National […]
At the CNBC 18 Leadership Summit 2024, Rajiv Bajaj, Managing Director of Bajaj Auto, shared valuable insights on leadership, legacy, and longevity, focusing on the company’s remarkable journey of over 75 years. Rajiv Bajaj highlighted the company’s ability to successfully navigate three major transitions—first from being a scooter-centric brand to a motorcycle powerhouse with the […]
The Bajaj family has achieved a significant milestone in the EdelGive-Hurun India Philanthropy List 2024, climbing three ranks to secure the third position with a generous donation of ₹352 crore in FY24. This marks a notable 33% increase from their previous year’s contribution, underscoring their growing commitment to philanthropy. The Bajaj family’s philanthropic efforts, channelled […]
Date: Wednesday, 13th November, 2024 Time: 5.30 pm Place: Mumbai Chief Guest: Dr. Abhay Bang, Founder & Director, Society for Education, Action and Research in Community Health (SEARCH) The Jamnalal Bajaj Awards aims to promote and propagate Jamnalal Bajaj’s philanthropic vision in line with Gandhian ideology. The Jamnalal Bajaj Foundation has instituted four awards which are given annually to recognize and honor the outstanding […]
Forbes has unveiled its 2024 “India’s 100 Richest” list, revealing that the collective wealth of the country’s tycoons has exceeded a staggering trillion dollars. The list compiled using shareholding and financial information from families, individuals, stock exchanges, analysts, and regulatory agencies, highlights the significant financial influence of some of India’s most prominent business figures. It […]
Sunaina Kejriwal, the director of the Kamalnayan Bajaj Hall and Art Gallery, passed away in Mumbai on October 5 at the age of 53 after a courageous two-year battle with cancer. A member of the prominent Bajaj family, Sunaina was the daughter of industrialist Rahul Bajaj and the wife of Manish Kejriwal, founder and managing […]