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 […]