The Reserve Bank of India (RBI) has given Bajaj Finance the green light to resume granting new loans under its eCOM and Insta EMI Card products. This decision follows the company’s compliance efforts and formal request for review. Bajaj Finance announced the RBI’s decision in a regulatory filing, stating that loan sanctioning and disbursal, along […]
Bajaj Allianz General Insurance has introduced Privé, a specialized customer experience initiative aimed at high-value individual insurance purchasers. Privé offers priority service and a dedicated claims channel for eligible customers buying health, home, motor, personal accident, and cyber insurance policies. To qualify for Privé’s My Health Care Plan, customers must have a minimum sum insured […]
Shri Dhirajlal Mehta, aged 88, Trustee of Jamnalal Bajaj Foundation and Chairman of the Selection Committee of the Jamnalal Bajaj Award for Constructive Work, passed away this morning. Having been associated with the Foundation since 1985, his profound insights and contributions were invaluable to the Foundation and its awards. His steadfast dedication to his responsibilities […]
The IMC Chamber of Commerce & Industry established the Quality Improvement & Technology Committee and the Quality Cell in 1993, led by Mr. Niraj Bajaj, to introduce the IMC Ramkrishna Bajaj National Quality Award (IMC RBNQA) Trust. This award aimed to enhance awareness of quality and competitiveness in Indian industry, aligning with international standards like […]
Bajaj Electricals Ltd is gearing up for a comprehensive overhaul of its consumer products business, targeting new product launches and brand consolidation over the next two to three years. Having completed the initial phase of its transformation plan, termed “Horizon 1,” in FY23, the company is now focused on advancing to the next phase, Horizon […]
Bajaj Finance reported a 4% increase in new loans booked during Q4 FY24, reaching 7.87 million compared to 7.56 million in Q4 FY23. However, restrictions imposed by the RBI led to a decrease of 0.80 million in new loans, specifically under E-COM and Insta EMI Card categories. The customer franchise grew to 83.64 million by […]
Bajaj Auto reported robust sales in March, driven by a significant recovery in export sales. Total sales surged by 25% year-on-year to 3.65 lakh units, compared to 2.91 lakh units in the same month last year. Domestic sales saw an 18% YoY increase to 2.2 lakh units, while export sales soared by 39% YoY to […]
Rajiv Bajaj, MD of Bajaj Auto, has confirmed the launch of India’s first CNG motorcycle by June 2024. Targeted at the mass market and eco-conscious consumers, the bike will boast aggressive pricing. It may debut under a new brand name, hinting at future CNG models. However, due to the higher manufacturing costs and specialized tanks […]
The Bajaj Group has announced a ₹5,000 crore commitment over five years for social impact initiatives, focusing on skill development under the new identity ‘Bajaj Beyond’. This initiative aims to benefit over two crore youth, facilitating their access to employment and entrepreneurial opportunities. Over the past decade, the group has contributed nearly ₹4,000 crore towards […]
In a momentous event on February 9th, the Bajaj family gathered for the unveiling of the Ramkrishna Bajaj plaque at the newly constructed 11-floor tower in Breach Candy Hospital. The 10th floor of the tower has been exclusively dedicated to the memory of Ramkrishna Bajaj. The Bajaj Charitable Trust made a generous contribution of 10 […]
Mukand Limited, a key member of the Bajaj Group and a leading manufacturer of Alloy and Stainless-Steel long products, has entered into a groundbreaking Power Delivery Agreement (PDA) with Amplus Phoenix Energy Pvt Limited (APEPL), a PETRONAS Group entity. This collaboration marks a significant stride towards advancing clean energy solutions and sustainability in the steel […]
The Ladies’ Wing of IMC Chamber of Commerce and Industry bestowed the esteemed 30th IMC Ladies’ Wing Jankidevi Bajaj Puraskar 2023 on Smt. Rajiben Vankar, Founder of Rajiben – Crafting a Better Planet for her exemplary contribution towards sustainable entrepreneurship and encouraging women in her village to join the mission of plastic up-cycling. Renowned actress […]