Rajiv Bajaj

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

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

Bajaj Freedom, a sports motorcycle with a 124 cubic capacity engine, was launched earlier this month with a starting price of Rs 95,000

Addressing shareholders at Bajaj Auto's 17th Annual General Meeting in Pune on Tuesday, Rajiv Bajaj highlighted that the automobile manufacturer needs a younger Managing Director

Bajaj Auto is developing a portfolio of clean fuel CNG motorcycles, and the first such bike will hit the market in June, Bajaj Auto Managing Director Rajiv Bajaj said here on Friday. The bike will run on CNG and would hit the roads in June, he said while announcing Bajaj Group commitment of Rs 5,000 crore towards Corporate Social Responsibility (CSR) spent over the next 5 years. The new bike would target mileage-conscious consumers and is expected to launch under a different brand. It is expected that CNG bikes will be priced higher than their petrol counterparts due to the higher cost of manufacturing besides having a special tank to offer petrol and CNG fuel options to offer convenience to customers. Bjaja also said that Pulsar launched 20 years ago will hit 2 million units soon. Meanwhile, the Bajaj Group committed Rs 5,000 crore to social impact initiatives over 5 years, with a focus on skill development, under 'Bajaj Beyond' the Group's new identity for all its CSR and charit

It aims to address the dissatisfaction of policyholders during claim settlement arising due to lack of understanding, intricate details and fine print of the insurance policy

Bajaj Auto, which has more than 30 percent market share in India's three-wheeler market, already has tasted success with CNG technology

In the premium segment, where the motorcycles are priced at prices above Rs 1.7 lakh, Bajaj has sold about 8,000 units per month

The products will include an all-new Bullet which is likely to be launched in early September, along with an all-new Himalayan (K1G) with a liquid-cooled engine

Triumph Speed 400 deliveries will begin in the second half of July, whereas, Scrambler 400 will be available in October

'Unimaginative govts throw money at manufacturers'

In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago

Chetak is looking to create a portfolio of e-two wheeler models by addressing various needs and catering to a vivid customer profile, Rakesh Sharma, executive director, Bajaj Auto said.

'Upstarts and not start-ups have entered the sector'

'Issue is the underlying process of the manufacturing,' says Bajaj Auto MD.

Bajaj, 83, who was the Chairman Emeritus of the Bajaj Group when he breathed his last on Saturday, was starkly different from his usually diplomatic peers

Early-stage funding in the segment rose almost three times to $74 million in 2021 compared to the previous year

Are Indian boards too docile when dealing with the State? Should they be more vocal regarding policy?

Bajaj said goods should be procured from wherever they are most competitively available

Says Bajaj Auto has got all kinds of buyers, including very affluent ones, who have never owned a two-wheeler, waiting to buy the model