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 […]
Bajaj Auto has achieved the third position as the most valuable automobile company in India, surpassing Mahindra & Mahindra. Bajaj Auto’s market capitalization reached Rs 2.09 lakh crore, exceeding M&M’s market value of Rs 2.03 lakh crore. Maruti Suzuki holds the top position as the most valuable automaker, followed by Tata Motors. Bajaj Auto shares […]
The IMC Ladies’ Wing, under the presidentship of Mrs. Kiran Bajaj, instituted an award in 1993 to recognise women entrepreneurs who work for the progress of rural India. These accomplished women are honoured with an award named after Padma Vibhushan Jankidevi Bajaj, who strongly advocated the emancipation of women and envisioned them as agents of […]
The Jamnalal Bajaj Foundation honoured winners for their exemplary efforts in the field of humanitarian and social work at the 45th edition of the Jamnalal Bajaj Awards held on 8th December 2023. The four awardees were felicitated at the annual award function in the presence of the Chief Guest – Hon’ble Dr Justice Dhananjaya Y Chandrachud, Chief Justice […]
Bajaj Group surpasses ₹10 lakh crore in market capitalization, becoming the fifth business house in India to achieve this milestone. Bajaj Auto and Bajaj Finance have been major contributors to the group’s valuation, with Bajaj Auto gaining momentum due to the launch of Triumph Bike and Bajaj Finance witnessing a surge in shares following strong […]