Bajaj Group

Bajaj Auto Ltd on Monday reported a 5 per cent on-year growth in total vehicle sales, including exports, at 4,21,640 units in November. The Pune-based automaker had sold 4,03,003 units in November 2023, according to a company statement. Total domestic sales (including commercial vehicles) declined 7 per cent at 2,40,854 units in the previous month, as compared to 2,57,744 units sold in the same month last year. Total exports during the month under review rose 24 per cent at 1,80,786 units, from 1,45,259 vehicles shipped out to overseas markets in November 2023, according to the statement. The total two-wheeler volume (domestic and exports) in November 2024 stood at 3,68,076 units, an increase of 5 cent over 3,49,048 units sold in the same month of last year, Bajaj Auto said. Domestic two-wheeler sales declined 7 per cent to 2,03,611 units, from 2,18,597 units in November 2023. The two-wheeler exports logged a 26 per cent year-on-year growth at 1,64,465 vehicles in November, as ..

The biggest difference between established brands and many startups and is while the former build strategy, brand, and technology, the latter are more like upstarts that end up burning the same things, Bajaj Auto Managing Director Rajiv Bajaj said on Thursday. "There are three terminologies here. Startup; then there is a word which I like to call most of them, which is upstart. Then us, the winners or the champions," Bajaj said while speaking at the CNBCTV18 Global Leadership Summit here. He said those who enter a market without a strategy are "upstarts" and end up burning everything -- from their brand and technology to products. "Upstarts are those who don't have a build-strategy. They have a burn strategy. They burn technology -- their batteries. They burn brands by reducing price every month. They burn products in their factory, in the trucks, at the dealerships, on the road," he said. On the contrary, he said, "startups are those who have built a strategy. They build technolog

Bajaj Electricals Ltd on Thursday reported a 52.7 per cent decline in consolidated net profit to Rs 12.90 crore for the second quarter ended September 2024. The company had posted a net profit of Rs 27.28 crore in the July-September period in the year-ago period, according to a regulatory filing by Bajaj Electricals. Its revenue from operations was marginally up at Rs 1,118.33 crore during the quarter under review. It was Rs 1,112.82 crore a year ago. The total expenses of Bajaj Electricals increased 3.73 per cent to Rs 1,118.80 crore in the September quarter. Its revenue from consumer products (CP) rose 1.24 per cent to Rs 868.27 crore against Rs 857.57 crore in the corresponding quarter of the last fiscal. The revenue from lighting solutions slipped 2 per cent to Rs 250 crore. Shares of Bajaj Electricals on Thursday settled at Rs 919.10 on BSE, up 4.03 per cent.

Bajaj Finserv on Wednesday reported an 8 per cent rise in its consolidated net profit to Rs 2,087 crore for the second quarter ended September 30. The company had posted a profit of Rs 1,929 crore in the July-September quarter a year ago. The total consolidated income increased to Rs 33,704 crore during the quarter against Rs 26,023 crore in the same period a year earlier, Bajaj Finserv said in a regulatory filing. The Pune-headquartered company's total expenditure rose to Rs 27,741 crore compared to Rs 20,731 crore in the year-ago period. Bajaj Finserv Asset Management recorded assets under management (AUM) of Rs 16,293 crore as on September 30, 2024. Its subsidiary Bajaj Allianz General Insurance Company Ltd reported a profit of Rs 494 crore from Rs 468 crore in Q2 FY24, an increase of 6 per cent. Another subsidiary Bajaj Allianz Life Insurance Company Ltd posted shareholders' profit after tax at Rs 148 crore down from Rs 193 crore in Q2 FY24 due to new business strain, higher

While NII grows 23%, loan loss provisions up 77%

Founded in 2001, Bajaj Allianz General Insurance is one of the biggest private insurers in India, while Bajaj Allianz Life Insurance is among the fastest-growing life insurers in India

Maharashtra Scooters has at least 90 per cent of its assets invested in Bajaj group companies

Stock slumps over 13% on weak Q2 results, subdued festive demand outlook

With the festive season approaching, E-commerce giant Meesho has joined forces with various lifestyle brands. With the deals, Meesho now sells products in 30 categories

Bajaj Housing Finance, which more than doubled on listing day, added Rs 1.36 trillion to the group's mcap

Premji sees over 2,100% jump in earnings from dividends, buybacks

Fourth-ranked conglomerate narrows gap with Adani group

If this happens, Bajaj Finance will be the sole remaining Bajaj group stock in the 30-share Sensex, following the removal of Bajaj Auto in December 2021

Technical chart flag caution at the Bajaj twin counters owing to formation of a 'Bearish Engulfing' candlestick pattern on the daily scale; check key support, resistance levels here

India's top six corporate firms saw their employee headcount growth stagnate at -0.2 per cent, with numbers dropping from 1.74 million in FY23 to 1.73 million in FY24

Bajaj Housing Finance is looking to raise Rs 6,560 cr, of which fresh issues are for Rs 3,560 cr and offer for sale is for Rs 3,000 cr. Bidding for the IPO opens on Sept 9 and closes on Sept 11

No plans to retire soon, says Bajaj Auto Managing Director Rajiv Bajaj

India's most valuable family businesses are collectively worth a whopping Rs 6,009, 100 crore, as per anewly released report which has unveiled the country's most influential family-owned enterprises.

Bajaj Electricals results fall short of expectations in first-quarter, hurt by dampened demand for kitchen appliances and price erosion in key lighting segment

The healthcare business venture is likely to be headed by Nirav Bajaj, who currently oversees corporate strategy at Mukand. However, the investment plans have not yet been finalised