Sobha Puravankara is yet to explain to the safety lapses found by the DGCA.
Bajaj Auto Ltd on Friday said it plans to roll out 5,000 units of its much-delayed four-seater "quadricycle" codenamed RE-60 from its Aurangabad plant.
Bajaj Auto workers at the Chakan plant called off their strike on Tuesday after 50 days of agitation.
After selling brands like Pulsar, Boxer, Platina and RE in over 70 countries, Bajaj Auto plans to enter Thailand this year followed by Brazil next year.
The Pune-based two- and three-wheeler maker will roll out the 150-cc bike, christened 'V', on February 1
Bajaj Auto Ltd on Wednesday reported a 6.98 per cent drop in its net profit at Rs 179.9 crore (Rs 17.9 billion) for the second quarter ending September 30, 2004, as compared to Rs 193.4 crore (Rs 19.3 billion) in the corresponding period last fiscal.
Bajaj Auto Ltd has clocked a three per cent growth in two-wheeler sales last month at 106,872 units compared to 1,03,790 units in January 2003.
Aided by growth in the executive and premium segments, Bajaj Auto Ltd has clocked a 17.4 per cent rise in motorcycles sales at 91,257 units in November over 77,732 units sold in same period last year.
Bajaj Auto Ltd has posted a 38 per cent rise in motorcycle sales at 95,680 units in September 2003 compared to 69,359 units sold in the same period last year.
The Pulsar 150 AS is positioned as an adventure tourer+commuter motorcycle with a ton of goodies, says Indian motoring website MotorBeam.
Three additional vehicle makers and five more auto component makers will begin availing financial incentives under the production-linked incentive (PLI) scheme for the automobile sector from 2026-27 (FY27) onwards, Hanif Qureshi, additional secretary at the Ministry of Heavy Industries (MHI), said on Wednesday.
Royal Enfield's sales are equivalent to the global sales of Harley-Davidson, KTM, BMW, Triumph, and Ducati combined, but Bajaj's MD has a counterview.
Bajaj Auto Ltd (BAL) on Tuesday said workmen at its Chakan plant have "stopped coming" to work thereby affecting production following the management's refusal to allot them shares at discounted price.
Bajaj Auto has raced ahead of Hero Honda Motors in terms of market capitalisation following the recent drubbing received by the latter, while the former managed gains in a weak market.
If you're planning an upgrade before the next heatwave hits full swing, here are 8 air coolers for this summer.
With the introduction of Pulsar in the first decade of this century, the Chakan-based bike maker had rightly gauged the pulse of the youth. Pulsar AS 150 just raises the notch further for competition, reckons Tanmay Pangam
Indian benchmark stock indices Sensex and Nifty rallied for the second consecutive day, closing nearly 1 per cent higher, driven by gains in metal and auto sectors and positive global market trends.
Even a high powered performance by Rahul Bajaj at the packed press conference and analyst meet at the Oberoi Hilton in down-town Mumbai couldn't stop the stock from sliding on the bourses.
Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.
Aided by growth across all segments, Bajaj Auto Ltd has recorded its highest ever sales of 107,115 motorcyles in October 2003, a 29.2 per cent increase over the same month last year.
Multiple tailwinds for the automobile sector, including a cut in goods and services tax (GST) rates, are keeping analysts bullish on auto stocks from a long-term perspective, even as they see the rally running its course in the near term.
Bajaj Auto Limited would open assembly plants in Indonesia and Brazil in a bid to boost overseas presence even as it has lined up four launches in the next six months to drive further domestic growth, a top company official said.
Ola Electric is making a renewed push into the electric motorcycle market with aggressive pricing and in-house battery manufacturing, aiming to replicate its earlier success in electric scooters while addressing past quality and service issues.
Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.
The Bajaj Pulsar 220 was the fastest in India. However things have changed now with the launch of the Honda CBR250R. So Bajaj Auto decided to launch a more powerful version of the Pulsar by September this year to retain the fastest Indian tag.
The automobile and auto-ancillary sector is expected to show strong Q3FY26 results, aided by festival-led demand, rationalisation in goods and services tax (GST) rates for select categories of vehicles, easing interest rates, and improving rural sentiment.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
Indian benchmark equity indices, Sensex and Nifty, rebounded on Wednesday, recovering intraday losses, primarily driven by strong fag-end buying and a significant rally in blue-chip Reliance Industries.
Bajaj Auto Ltd has posted a 19.2 per cent increase in the motorcycle sales at 82,239 units in June 2003, compared to 68,965 units sold in the same period last year.
Bajaj Auto Ltd has posted a net profit of Rs 1,339.40 million for the quarter ended December 31, 2002 (DQ-02) as compared to Rs 1,081.70 million in the quarter ended December 31, 2001 (DQ-01). \n\n\n\n
The company said its net sales during the quarter under review stood at Rs 5,061.49 crore (Rs 50.61 billion) as against Rs 4,817.07 crore (Rs 48.17 billion) in the same quarter last fiscal, up 5.07 per cent.
When we took the aaram se test, we found that it did offer huge head and leg room and a wee bit more space than what the prevailing autorickshaws offer.
Bajaj Auto is gearing up to launch clean-energy vehicles including another motorcycle powered by compressed natural gas (CNG), showcase ethanol-powered motorcycles and three-wheelers next month, as well as launch a new Chetak platform early next year, as it closes in on hitting 100,000 monthly sales from clean-energy vehicles this festival season. In an interview with CNBC-TV18, Bajaj Auto managing director Rajiv Bajaj said these initiatives were part of the firm's broader goal to achieve monthly sales of 100,000 clean-energy vehicles this festival season.
The production-linked incentive (PLI) scheme for the automobile sector has created market distortions, excluded innovation-led electric two-wheeler (e2w) makers, and failed to convert cost advantages into export competitiveness, with 77 per cent of export volumes driven by non-PLI models, said a report released by the Centre for Domestic Economy Policy Research (C-DEP) on Friday.
Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.
Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.
The Freedom 125 has sold 8,310 units in October to date. This is its highest since it was launched in July and may touch close to 9,000 by the end of the month.
Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.
India's electric vehicle (EV) markets expanded gains in January compared to the year-ago period, as two-wheeler and passenger vehicle sales triggered a shuffle in the competitive landscape, data from an automobile dealers' association showed.
