Shares of automobiles companies are on a roll with most of the frontline stocks like Tata Motors, Mahindra and Mahindra (M&M) and Maruti Suzuki India trading at their new lifetime highs on the bourses.
After months of negotiations and intermittent unrest impacting production, Pune-based Bajaj Auto and its Chakan plant (in Pune) unions have finally reached a wage agreement under which the management has agreed to increase the wages by up to Rs 10,000 per
Bajaj Auto, India’s third-largest motorcycle maker, on Monday launched a 150cc bike under the Discover brand, in an attempt to claw back market share, which has come under intense pressure over the past couple of years.
With TVS overtaking Bajaj to claim the third position in the two-wheeler category (TVS Motor sales exceeded Bajaj's figures in the month of June and the April-June quarter of 2014), it has become necessary for the latter to take a hard look at where it
Barely a fortnight after Tata Motors directors were denied pay increases by shareholders, Bajaj Auto has found itself in a tangle with governance activists over a special commission paid to an independent director.
Bajaj Auto is trading higher by 3% to Rs 2,017, extending its previous day’s 5% rally, on reports that Egypt government has lifted the ban on imports of two-wheelers and three-wheelers into the country which was in effect since February 2014.This
The lifting of the import ban by Egypt comes as a relief for Bajaj Auto, struggling to get its domestic act together. Analysts say Egypt’s move will have a two-three per cent impact on Bajaj's FY15 earnings.
Bajaj Auto today reported a marginal decline in motorcycle sales at 2,99,636 units in April 2014.The company had sold 3,00,827 units in the corresponding month of previous year, Bajaj Auto Ltd (BAL) said in a statement.
The Vishwa Kalyan Kamgar Sanghatana, an independent trade union of Bajaj Auto today received a set back as local authorities around Bajaj Auto's Chakan facility extended full support to Bajaj Auto on the strike issue.