As a significant development, Shri. Rahul Bajaj will serve as Chairman Emeritus of the company for a term of five years and Shri. Niraj Bajaj, a Non-Executive Director of Bajaj Auto, will now serve as Chairman of the company from May 1, 2021. “Rahul Bajaj, Non-executive Chairman, having been at the helm of the company […]
Bajaj Electricals Limited (BEL) and Mahindra Logistics Limited (MLL) has signed an agreement for an innovative logistics optimization and outsourcing arrangement. The deal is an end-to-end redesign and outsourcing of BEL’s entire logistics by MLL. Mr. Anuj Poddar, Executive Director, with BEL, said, “At Bajaj Electricals, we have been actively working towards various strategic initiatives […]
Bajaj Housing Finance Limited (BHFL) has announced a change in the approval time for home loans across the board. It will expedite the process of locking a property for aspiring homeowners. The Customers can now receive a digital sanctioned letter for an e-home loan within 10 minutes.* For more info read the full article.
Bajaj Electricals Ltd has declared its results for the nine months and quarter ended 31st December, 2020. Consumer Products (CP) Revenues up 34%, CP EBIT up by 115% Profit Before Tax increased from Rs. 15 Cr. to Rs. 134 Cr. Mr. Shekhar Bajaj, Chairman and Managing Director of Bajaj Electricals Limited, said “I am very […]
The Bajaj Allianz Life Insurance, one of the India’s leading private life insurers, achieved a significant milestone by crossing Rs. 70,000 crores of Assets Under Management (AUM) as of 31st December 2020. Mr. Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance, said, “This milestone is a reflection of the customers’ trust in the brand, […]
In recent times, while we witness economic instability and revenue slumps, it becomes increasingly important to choose investment avenues offering the perfect blend of security, assured returns, and monetary growth. The Bajaj Finance Fixed Deposit offers a staggering blend of security with assured returns to meet its customer’s financial requirements. For more info read the […]
Today we have several policies and deposit schemes available in the market offered by the financial institutes to please the appetite of the investors. Different schemes offer unique returns and also cater to certain risk profiles. For investors with a low-risk appetite, invest your savings in Public Provident Fund (PPF), Recurring Deposit (RD), and Fixed […]
Bajaj Auto Ltd. becomes the first two-wheeler company globally to cross a market capitalization of INR 1 lakh crores. Commenting on the milestone, Mr. Rajiv Bajaj, Managing Director, Bajaj Auto, said,” The company’s sharp focus on the motorcycles category and its unwavering commitment to strategies of differentiation as well as the practice of TPM combined […]
Bajaj Auto, among a leading global two-wheeler and three-wheeler manufacturer, announced that it had signed a Memorandum of Understanding with the Government of Maharashtra to set up a manufacturing facility on a proposed investment of Rs.650 crores in Chakan, Maharashtra. The facility is expected to commence production in 2023. It will be utilized for manufacturing […]
The Mukand Limited, on 8th December 2020, agreed to fulfill certain conditions precedent by parties for the transfer of its leasehold land admeasuring 2, 19,938 sq. meters. For more info read the press release.
Mr. Rakesh Sharma, Executive Director at Bajaj Auto, says, “The retail two-wheeler industry saw a 10% decline from October to November 2020”. He further elaborated on the export market, “There has been a good recovery in overseas markets for us.” For more info please watch the interview.
Twelve years since the horrific 26/11 terror attack in Mumbai, which took the nation by storm. The attack claimed the lives of about 200 civilians, security personnel, hotel staff, and tourists. 26/11 Stories of Strength is an initiative to honor the Mumbai terror attacks survivors and pay tribute to our unsung Heroes who put others’ […]
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...