Bajaj Auto Ltd on Monday said it will need to increase its provision for deferred tax by Rs 211 crore due to the withdrawal of indexation benefit and change in the tax rate on long-term capital gains on debt mutual fund. The company invests its surplus funds into a range of asset classes, including debt … Read more
Which automotive company, more than any other, is responsible for getting the world’s population moving?Ford Motor Co., whose Model T turned the car into a mass-market product? Volkswagen AG, which sold more vehicles than any competitor over the past decade? Toyota Motor Corp., whose Corolla is the best-selling auto in history?There’s a good case that … Read more
New Delhi: Bajaj Auto Ltd on Tuesday reported 25 per cent year-on-year growth in its total vehicle wholesales, including exports at 3,65,904 units in March. The Pune-based automaker had sold 2,91,567 two-wheelers and commercial vehicles in March 2023, according to a company statement. Total domestic sales (including commercial vehicles) rose 18 per cent at 2,20,393 … Read more
Sajneet Sandhu grew up riding on her father’s Royal Enfield around Goa’s palm-fringed roads, taking in endless beaches and rice paddies from the back of the iconic Indian motorcycle. Now 43 and inspired by those childhood memories, she has got a bike of her own. But it isn’t like her dad’s. Rather than a Royal … Read more
