In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming Union Budget and Q3 earnings, analysts said.
Opposition to the idea of quadricycles is a story of sour grapes, says Rajiv Bajaj.
Euro NCAP had said it was disappointed to see quadricycles, including the Bajaj Qute, lack basic safety features.
Although the company has not yet revealed its exact price, the buzz in the market is that the Bajaj RE60 is likely to be priced between Rs 125,000 and Rs 200,000, giving tough competition to the Tata Nano which is the cheapest car in the world currently.
Maruti Suzuki and Hyundai Motor India on Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers, aligning with the industry's retail sales projections amid India-Pakistan conflict and a dip in sales of entry-level cars.
To jointly manufacture complex and powerful engines soon.
The state is also the biggest market for TVS, another incumbent player, and together with Bajaj Auto, they accounted for 88 per cent of Maharashtra's total electric scooter sales last month. As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehicles and that of TVS was 3,389, according to model- and state-wise data from the Society of Indian Automobile Manufacturers (Siam).
Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.
For the first time in more than 25 years, Japans Kawasaki Heavy Industries will introduce a high-powered motorcycle in the Indian market with the help of its Indian partner and long-time collaborator, Bajaj Auto.
From the Sensex pack, Bajaj Finserv, IndusInd Bank, NTPC, Larsen & Toubro, UltraTech Cement, Adani Ports, Bajaj Finance, Power Grid, Zomato, State Bank of India, HDFC Bank and Titan were the biggest gainers. Tata Motors tanked over 5.5 per cent after US President Donald Trump announced he would impose 25 per cent tariffs on imported cars. Sun Pharma, Kotak Mahindra Bank, Bharti Airtel, HCL Tech and Mahindra & Mahindra were also among the laggards.
Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.
Maruti, IndusInd Bank, Bajaj Finserv, Eternal, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Titan, HDFC Bank, and NTPC were among the other major gainers. Bharti Airtel and Sun Pharma were the laggards.
Fuel efficiency was the platform that had been built by the market leader in the segment, fun was the Discover domain. By diluting the message, the brand lost its old customers and pushed potential buyers into the leader's fold.
Bajaj Auto expects to clock an over 50 per cent growth in exports to about 160,000 units during 2003-04, the company said on Thursday.
Confirming that the company could shift its production to other facilities, Bajaj Auto Managing Director Rajiv Bajaj told Business Standard: "If we take a view that this (labour issue) is going to extend over the next two months, we certainly can do that, and will do that."
The Pulsar 200 AS and 150 AS have been positioned at the youth who want practicality on weekdays and the fun factor on weekends, writes Indian motoring website MotorBeam.
Fresh selling in noon deals, on account of the derivatives expiry of the November series, saw the index drop to a low of 18,930 - down 361 points from the day's high. The Sensex finally ended with a gain of 64 points at 19,003. The NSE Nifty ended at 5,635, up 17 points.
France bestowed the honour in recognition of Bajaj's remarkable career as businessman, his successful management of Bajaj Group and his notable entrepreneurial spirit.
A knee-jerk reaction, they said, could be detrimental to the fortunes of an industry that is highly dependent on the country given the huge competitive advantage it offers, in terms of cost and speed.
Among Sensex firms, Tata Consultancy Services, Adani Ports, Hindustan Unilever, Nestle, Bajaj Finserv and NTPC were the laggards. IndusInd Bank, Titan, Mahindra & Mahindra and Maruti were among the biggest gainers.
Two-wheeler major Bajaj Auto is planning to launch a new 100 cc scooter with digital twin spark ignition engine technology by January 2005, a top executive of the company said on Wednesday.
This comes at a time when Ola is looking to replicate nationally the success of its auto-rickshaw offering in Chennai and Bengaluru.
An alternative to a small car, it is expected to be priced ex-showroom between Rs 260,000 and Rs 300,000, and will offer better mileage (more than 30 km a litre) and less pollution than a car, and will be a convenient alternative to a two-wheeler but at the same operating costs.
Japanese auto maker Nissan on Tuesday said it has decided not to continue its partnership with Bajaj for sourcing of ultra-low cost car, ending months of uncertainty.
'Invest only in stocks of those companies that deliver on earnings and there is earnings visibility too for the next few quarters.'
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
Amid an uproar over corruption in Parliament, leading industrialist Rahul Bajaj on Tuesday hit out at large corporate houses that pay bribes to get jobs done and claimed he never did it.
Royal Enfield sees its scale and dominant market share as adequate buffers against Bajaj's recent challenges, says Ajay Modi.
Bajaj Auto, the country's second largest two-wheeler manufacturer, may cut production as it sees a slowdown in motorcycle sales after the current festival season.
Bajaj Auto Managing Director Rajiv Bajaj said the company has, in partnership with Renault-Nissan, developed India's most fuel efficient and least-polluting car engine.
With every two-wheeler company except Bajaj offering scooters now, that day is not far when the company that made 'Haamara Bajaj' a household name will get back to the segment where it once ruled.
Rahul Bajaj, Chairman, Bajaj Auto Ltd, has been conferred with the Alumni Achievement Award by the Harvard Business School from where he obtained his MBA degree in 1964.
Bajaj Auto has launched a new range of passenger three-wheelers, with improved mileage, changed styling and lower maintenance costs.
Investors' wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global market trends amid growing tensions in the Middle East.
After months of delays following differences Bajaj Auto, Renault and Nissan on Tuesday signed an agreement formalizing roll-out plans for 2012 - a year behind schedule.
The previous May peak was observed in 2018 when the domestic PV wholesales stood at 301,238 units.
A discussion on reviving Indian economy at the World Economic Forum turned into a war of words between Law Minister Ashwani Kumar and Bajaj Auto chairman Rahul Bajaj over the functioning of government.
Bajaj added that doing something like insider trading was height of stupidity.
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