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 reported 114 percent growth in its total vehicle sales at 2,71,862 units in May 2021 compared to 1,27,128 units that occurred the same month last year. The total domestic sales logged 52 percent growth at 60,830 units compared to 40,074 units sold in May 2020, while the total exports spiked 142 percent to […]
Bajaj Electricals Ltd. has bought the remaining stakes of Starlite Lighting Ltd for cash consideration of around Rs. 60 crores. The Starlite Lighting Ltd (SLL) manufactures different consumer electrical products, including lighting products like compact fluorescent lamps (CFLs) and light-emitting diode (LED) and consumer electrical appliances. For more info read the full article.
To establish its footprint in the international market, Bajaj Auto announced expanding globally with the two-vehicle design centers in Europe and Thailand, followed by an assembly plant in Brazil. For more info read the full article.
Mr. Tarun Chugh, MD & CEO of Baja Allianz Life, speaks to ET NOW about the digitization in the insurance space and its benefits. He says that Life Insurance and Insurance sector has seen good growth until Q4FY21 and that Bajaj Allianz also grew about 20%. For more information, click here to see the video.
Mr. Sampath Reddy, Chief Investment Officer (CIO) at Bajaj Allianz Life, manages assets worth about INR 70,000 crore, is positive on domestically-focused sectors like infrastructure and cement, and continues to like private banks along with IT and Pharma. For more info read the full article.
While giving an interview to Zee Business, Mr. Rakesh Sharma, Executive Director (ED) at Bajaj Auto, said, ‘The year 2020 has been challenging for businesses, including the Indian automobile sector. As we are at the end of the year, there are already expectations building-up for the new year.’ He further elaborated that ‘Bajaj Auto’s strategy […]
Digitization has proved decisive in solving significant problems. Increased technology usage- more so through electronic gadgets has shrunk the void between the ‘digital’ & ‘physical’ space. Mr. Tapan Singhel, MD & CEO at Bajaj Allianz General Insurance said, “Digitisation led to a reduction of customer grievance ratio by a whopping 90 percent for Bajaj Allianz […]
The World Economic Forum Annual Meeting held at Davos aims to bring all the stakeholders together for a cohesive and sustainable world. Mr. Sanjiv Bajaj, MD at Bajaj Finserv, said, ‘we need to balance growth with sustainability to suppress climate change.’ He further said that ‘the economic slowdown this time compared to last time is […]
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 […]
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 […]
Company benefitting from expansion of distribution channels, consumer segment leads growth
Bajaj Electricals posted its year on year March quarter profit which registered a profit of Rs. 28.4...
Bajaj Finance crosses ₹2 trillion market cap as shares hit fresh high
Bajaj Finance marked a new milestone on 21st May 2019. Bajaj Finance Limited, the lending and invest...