Latest Updates Around The World
Markets traded on a downward trend on Friday to end lower, pressured by mixed global cues and caution over the Union budget. With all eyes on the Union Budget, analysts expect increased volatility during the special trading session on Sunday and suggest a hedged approach be preferred.In today’s trading, shares of Meesho, Bajaj Auto, Adani […]
Bajaj Auto, which will take majority control of KTM AG, is exploring several options including shifting more production to India and cutting jobs as part of plans to cut costs at the financially troubled Austrian bike maker, a senior company official said on Friday. The Pune-based two- and three-wheeler maker is expected to get requisite […]
Bajaj Auto on Thursday said it has applied through its wholly owned subsidiary to acquire 24,000 shares of Pierer Bajaj AG for 24.32 million euros (about Rs 248 crore).Bajaj Auto International Holdings BV (BAIH) intends to acquire all 50,100 shares of Pierer Industrie AG (PIAG) in Pierer Bajaj AG (PBAG). PBAG has a nearly 75 […]
With the government reducing Goods and Services Tax (GST) on two-wheelers with engines up to 350cc from 28% to 18%, manufacturers are recalibrating their product strategies to intensify launches in the 300-350cc segment, industry executives said. Companies like Hero MotoCorp, Royal Enfield, Honda Motorcycle & Scooter India and Bajaj Auto are all accelerating their efforts […]
