Bajaj Auto Limited, a leading manufacturer of motorcycles and three-wheelers, has emerged as the largest motorcycle maker in November 2021. The company sold 3.38 Lacks motorcycles in Domestic and Export markets combined in November 2021, becoming the highest-selling motorcycle manufacturer for the month. Commenting on this milestone, Mr. Rakesh Sharma, Executive Director, Bajaj Auto Ltd […]
India Post Payments Bank (IPPB) has partnered with Bajaj Allianz General Insurance to distribute its non-life insurance products across the country. The scope of products will include healthcare and medical products, personal accidents, and motor insurance, amongst other innovative tailor-made products, to address the needs and expectations of the Indian market. India Post Payments Bank […]
Bajaj Allianz General Insurance is India’s leading private general insurer. It has revolutionized the insurance space with its innovative products and services. Being a customer-centric organization, the care for their customers has been at the core of all their propositions. Therefore, the company constantly strives towards solving customer worries and ensuring that its customers live […]
Digitalization is a crucial element that organizations are competing on these days. With the availability of modern tech and high smartphone penetration- everyone from legacy business icons to new-age entrepreneurs is imbibing technologically advanced systems such as the IoT, machine learning, artificial intelligence, automation, real-time visibility, and more to streamline business operations, enhance customer experience […]
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) […]
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.
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 […]
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), […]
Bajaj Auto intends to produce motorcycles in Brazil
To establish its footprint in the international market, Bajaj Auto announced expanding globally with...
Niraj Bajaj conferred with “Mumbai Ratna Award”
Mr. Niraj Bajaj was conferred with the “Mumbai Ratna Award” at a ceremony in Raj Bhavan...