Ola Electric is expected to launch its public offering for subscription in the next few weeks at a discounted valuation of around $4 billion, a decrease of about a fourth from its last private funding round, multiple people aware of the details said. In September 2023, Ola Electric had snagged a value of $5.4 billion … Read more
New Delhi: Two-wheeler sales in India are expected to grow around 6-8 per cent this fiscal and could reach the peak level of 2018-19 either in the fourth quarter or the beginning of next financial year, a top official of Bajaj Auto said on Tuesday. The rising commodity prices, specially natural rubber, have forced the … Read more
The first quarter earnings season is underway and about 24 companies will announce their results on Tuesday. Some key earnings to watch out for include Bajaj Auto, L&T Finance, Just Dial, and DB Corp among others. Apart from the above, investors can also keep an eye on the earnings of Century Textiles, BMW Industries, Deccan … Read more
Hemang Jani, Independent Market Expert, says both in India and the US, the markets have run up quite sharply. There is an incremental upside because these developments may be not very significant and we have to be slightly more careful because the market is pricing in the best-case scenarios and incremental news flow in terms … Read more
Domestic markets sustained their upward trajectory into the new week as indices reached fresh highs on Monday. In today’s trade, shares of Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, ZEE among others will be in focus due to various news developments and first quarter results. Bajaj Auto, L&T Finance, Just Dial Shares of Bajaj Auto, … Read more
Akurdi: With the Freedom 125, the world’s first CNG-powered motorcycle, Rajiv Bajaj, managing director, Bajaj Auto Auto wants to “return the favour” to the erstwhile Hero Honda which transformed the scooter-led two-wheeler market two-and-half decades ago, with its fuel-efficient motorcycles. The motorcycles returned 80 kms to a litre, double of what the scooters returned. With … Read more
Bajaj Auto, India’s third largest motorcycle maker, on Friday launched the world’s first compressed natural gas (CNG)-powered two-wheeler, Freedom 125, in Pune under a separate brand Bajaj’s bi-fuel motorcycle. Aiming to shake things up in the motorcycle market, the company announced that it will be available at Rs 95,000 (ex-showroom). The bike will be available … Read more
Lauding the quality and research put behind Bajaj Auto’s CNG-run Freedom 125, Roads Minister Nitin Gadkari said that the variant would become the preferred 2-wheeler choice abroad given the cost-savings it offers. The CNG bike will start at Rs 95,000 and will go up to Rs 1.10 lakh. The CNG motorcycle will offer a range … Read more
Rakesh Sharma, ED, Bajaj Auto, explains the logic behind launching a CNG motorcycle. He says the company expects this to be a pivotal point in the development of the two-wheeler industry in the country. And if we have to take the government at face value, which there is no reason to disbelieve, the CNG network … Read more
BENGALURU: Carmakers Mahindra & Mahindra and the Indian units of Toyota Motor Corp and Kia Motor reported higher car sales in June, boosted by demand for sports utility vehicles (SUV) even as heat waves weighed on purchase decisions. Each month, automobile makers in India release wholesale numbers, or vehicle sales, to dealers. The sales numbers … Read more
