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Bajaj Auto promoter acquires shares worth Rs 60 crore

Bajaj Auto Employees Welfare Fund, a promoter entity of Bajaj Auto, on Tuesday acquired over 3 lakh shares in the two-wheeler maker for nearly Rs 60 crore through open market trade.As per block deal data available with the BSE, Bajaj Auto Employees Welfare Fund bought 3,07,120 shares in Bajaj Auto from various entities including the company's promoters - Bajaj Sevashram and Jamnalal Sons.The shares...
Source : Ndtv |
Category : Others | City : Mumbai

Workers’ demands ‘entirely insane’, Bajaj Auto MD says

Bajaj, MD of Bajaj Auto on Thursday termed the demands made by the workers’ union in Chakan plant as 'entirely insane'....
Source : Times Of India |
Category : Business

Bajaj Auto Q3 beats Street, net at 905 crore

Bajaj Auto's third quarter earnings beat Street as it posted a net profit of Rs 905 crore, surpassing estimates. Analysts polled by NDTV had expected Bajaj Auto's profit to come in at Rs 870 crore.At 12:42 pm the Bajaj Auto stock was up 0.62 per cent at Rs 1907.10, outperforming the broader indexes which were in the red.Bajaj Auto's sales for the quarter, however, came in below expectation at Rs 5024...
Source : Ndtv |
Category : Others | City : New York

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Source : Yahoo Finance |
Category : Personal Finance

Bajaj Auto profit tops estimate; weak rupee boosts export earnings

built motorbikes are seen at the Bajaj Auto Ltd. plant in Pune, about 130 km (82 miles) from Mumbai August 9, 2007. REUTERS/Punit Paranjpe/FilesREUTERS - Bajaj Auto (NSI:BAJAJ-AUTO), India's second-largest motorcycle maker by sales, reported a second-quarter profit that beat analyst estimates as a weaker rupee gave export earnings a boost.Bajaj, which competes at home with Hero MotoCorp (NSI:HEROMOTOCO)...
Source : Yahoo Finance |
Category : Personal Finance

Bajaj open to partner Tata for small car

search for a people’s small car may bring together two of the biggest local players in the Indian auto industry. Bajaj Auto is working on a “non-traditional light car concept” for which it’s open to partnering with Tata Motors which is working on a Rs 1-lakh car.Speaking to Indiatimes Auto, Rajiv Bajaj, MD, Bajaj Auto, said, “We are new-comers to this game, and a traditional car is out of...
Source : Autopundit |
Category : Automobile

Bajaj Auto motorcycle sales dip 7% in January

Pune-based auto maker Bajaj Auto today reported a 7 per cent decline in motorcycle sales at 2,81,390units in January 2014.The company had sold 3,01,361 bikes in January 2013, Bajaj Auto Limited said in a release here.The overall domestic sales including commercial vehicles also fell by 8 per cent during January 2014, it said. Bajaj Auto sold 3,18,177 vehicles in the reporting month as against 3,47,624...
Source : Ndtv |
Category : Others | City : Mumbai

No plans to withdraw bank licence application: Sanjiv Bajaj

Sanjiv Bajaj, MD, Bajaj Finserv brushed aside rumours of Bajaj Auto being worried about the impact on exclusivity deal if Bajaj Finance were to get a bank lisense. Bajaj Finance infact continues to have strategic deals with Baja Auto,...
Source : Moneycontrol |
Category : Business

CLSA cuts Bajaj Auto to "sell" on outlook

worker cleans a Bajaj motorcycle at a Bajaj showroom in Kolkata October 16, 2013. REUTERS/Rupak De ChowdhuriReuters Market Eye - CLSA has downgraded Bajaj Auto (NSI:BAJAJ-AUTO) to "sell" from "underperform" despite better-than-expected July-September results, saying profit margins should weaken in the second half of the fiscal year as product-mix worsens and input cost pressures rise.CLSA says Bajaj's...
Source : Yahoo Finance |
Category : Personal Finance