Bajaj Auto Limited is the flagship of the companies under the aegis of the Bajaj Group. The group comprises 34 companies and was founded in the year 1926. Bajaj Group is amongst the top 10 business houses in India and has expanded its footprint over a wide range of industries including automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance. Bajaj Auto is ranked as the world’s fourth-largest three and two-wheeler manufacturer and the brand is popular across several countries in Latin America, Africa, the Middle East, South and Southeast Asia.
The characteristics of the Bajaj Group include integrity, dedication, resourcefulness and determination to succeed which can be traced back to the days of the initiation of the company and its relentless devotion to a common cause. Under the leadership of the present chairman and team of Bajaj Auto, since 1965 the turnover of the flagship company has gone from ₹ 7.2 crore to ₹12,000 crore. Along with this the product portfolio has also expanded and the brand has found a global market. The legacy of Bajaj Auto rickshaws has been reaching great heights and has displayed unparalleled market dominance across any automobile segment. In 2007, Bajaj Auto acquired a 14% stake in KTM AG of Austria that has since grown to 48% and holds the same through its subsidiary Bajaj Auto International Holdings BV Netherlands. This catalysed Bajaj Auto’s endeavour to democratize motorcycle racing in India. Today, Bajaj Auto is an exclusive manufacturer of the Duke range of KTM bikes and exports them worldwide. In 2018, KTM was the fastest growing motorcycle brand in the country.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
