In a major move to expand its footprint in the global premium motorcycle segment, Bajaj Auto Ltd announced plans on May 22 to acquire a controlling stake in Austrian motorcycle maker KTM AG. The deal, subject to regulatory clearances, will see Bajaj shift from a dormant minority stakeholder to the majority owner of KTM through its Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIHBV).Bajaj, one of India's leading two-wheeler makers, has outlined a comprehensive €800 million ($903.75 million) funding package to support KTM’s financial restructuring and revival. The funding includes €600 million ($677.82 million) in fresh capital being deployed now, in addition to €200 million ($225.91 million) already infused earlier to address KTM’s urgent liquidity needs.&nbsp;Rescuing a storied brand&nbsp;KTM AG, known for high-performance motorcycle brands such as KTM, Husqvarna, and GASGAS, filed for judicial restructuring in November 2024 due to spiralling debt and operational bottlenecks.On February 25, 2025, its creditors approved a restructuring plan that proposed a one-time payout of 30 per cent of their claims by May 23. Bajaj’s financial support is crucial for meeting this deadline and reviving the company’s stalled operations.The €800 million ($903.75 million) package includes a €450 million ($508.30 million) secured term loan to KTM and €150 million ($169.41 million) in convertible bonds issued by Pierer Bajaj AG (PBAG)—a joint venture between Bajaj and Austrian entrepreneur Stefan Pierer.Bajaj’s BAIHBV currently holds a 49.9 per cent stake in PBAG, which owns 75 per cent of KTM’s listed parent entity, Pierer Mobility AG (PMAG). The deal will enable Bajaj to acquire full control of PBAG, thereby gaining indirect control over KTM.Additionally, BAIHBV has assumed a commitment worth €80 million from Dabepo Holding GmbH to prevent loan foreclosure that could jeopardise KTM’s revival plans.&nbsp;Strategic shift for Bajaj Auto&nbsp;“This twin move of taking ownership (subject to approvals) and paring down debt by providing liquidity at a crucial stage positions Bajaj Auto as a driving force in shaping the future of one of the world’s most admired high-performance motorcycle companies,” the company said in a statement.Bajaj’s involvement with KTM dates back to 2007. Over the years, the partnership has expanded to include joint development, manufacturing, and export of KTM motorcycles from India to over 80 countries. Bajaj Auto currently holds an effective 37.5 per cent stake in KTM via PMAG.Post-deal, Bajaj aims to resume production at KTM’s Austrian facilities after months of stoppage and enhance operations through its established India-based development programmes. Long-time KTM CEO Stefan Pierer is expected to step down as part of the transition.The deal not only marks a significant governance shift but also positions Bajaj Auto to leverage KTM’s global brand equity for wider opportunities in technology innovation and international market expansion.The court is expected to confirm KTM’s restructuring plan by mid-June, following which the creditor payments will be released and legal proceedings concluded. In parallel, Bajaj is seeking approvals from Austria’s Takeover Commission, Foreign Investment Control, and Merger Control Authorities.&nbsp;(With inputs from agencies)

The deal, subject to regulatory clearances, will see Bajaj Auto shift from a dormant minority stakeholder to the majority owner of KTM through its Netherlands-based subsidiary, Bajaj Auto International Holdings BV.

In a major move to expand its footprint in the global premium motorcycle segment, Bajaj Auto Ltd announced plans on May 22 to acquire a controlling stake in Austrian motorcycle maker KTM AG. The deal, subject to regulatory clearances, will see Bajaj shift from a dormant minority stakeholder to the majority owner of KTM through its Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIHBV). Bajaj, one of India's leading two-wheeler makers, has outlined a comprehensive €800 million ($903.75 million) funding package to support KTM’s financial restructuring and revival. The funding includes €600 million ($677.82 million) in fresh capital being deployed now, in addition to €200 million ($225.91 million) already infused earlier to address KTM’s urgent liquidity needs. Rescuing a storied brand KTM AG, known for high-performance motorcycle brands such as KTM, Husqvarna, and GASGAS, filed for judicial restructuring in November 2024 due to spiralling debt and operational bottlenecks. On February 25, 2025, its creditors approved a restructuring plan that proposed a one-time payout of 30 per cent of their claims by May 23. Bajaj’s financial support is crucial for meeting this deadline and reviving the company’s stalled operations. The €800 million ($903.75 million) package includes a €450 million ($508.30 million) secured term loan to KTM and €150 million ($169.41 million) in convertible bonds issued by Pierer Bajaj AG (PBAG)—a joint venture between Bajaj and Austrian entrepreneur Stefan Pierer. Bajaj’s BAIHBV currently holds a 49.9 per cent stake in PBAG, which owns 75 per cent of KTM’s listed parent entity, Pierer Mobility AG (PMAG). The deal will enable Bajaj to acquire full control of PBAG, thereby gaining indirect control over KTM. Additionally, BAIHBV has assumed a commitment worth €80 million from Dabepo Holding GmbH to prevent loan foreclosure that could jeopardise KTM’s revival plans. Strategic shift for Bajaj Auto “This twin move of taking ownership (subject to approvals) and paring down debt by providing liquidity at a crucial stage positions Bajaj Auto as a driving force in shaping the future of one of the world’s most admired high-performance motorcycle companies,” the company said in a statement. Bajaj’s involvement with KTM dates back to 2007. Over the years, the partnership has expanded to include joint development, manufacturing, and export of KTM motorcycles from India to over 80 countries. Bajaj Auto currently holds an effective 37.5 per cent stake in KTM via PMAG. Post-deal, Bajaj aims to resume production at KTM’s Austrian facilities after months of stoppage and enhance operations through its established India-based development programmes. Long-time KTM CEO Stefan Pierer is expected to step down as part of the transition. The deal not only marks a significant governance shift but also positions Bajaj Auto to leverage KTM’s global brand equity for wider opportunities in technology innovation and international market expansion. The court is expected to confirm KTM’s restructuring plan by mid-June, following which the creditor payments will be released and legal proceedings concluded. In parallel, Bajaj is seeking approvals from Austria’s Takeover Commission, Foreign Investment Control, and Merger Control Authorities. (With inputs from agencies)

The deal, subject to regulatory clearances, will see Bajaj Auto shift from a dormant minority stakeholder to the majority owner of KTM through its Netherlands-based subsidiary, Bajaj Auto International Holdings BV.

Bajaj Auto to acquire majority stake in KTM with €800 million revival package

Bajaj Auto, recognised as the world's most valuable two-wheeler and three-wheeler company, has announced a significant expansion of its digital presence by making its entire motorcycle range available on Flipkart, India's homegrown e-commerce marketplace.

Bajaj Auto, recognised as the world's most valuable two-wheeler and three-wheeler company, has announced a significant expansion of its digital presence by making its entire motorcycle range available on Flipkart, India's homegrown e-commerce marketplace. This move represents the widest selection of motorcycles ever offered on an e-commerce platform in India, encompassing models from 100cc to 400cc across popular brands such as Pulsar, Dominar, Avenger, Platina, and CT. Initially, this service will be accessible to customers in 25 cities, with plans for broader expansion in the future. This collaboration with Flipkart is part of Bajaj Auto's strategy to create an omni-channel experience for its customers, complementing its extensive physical network and streamlining the purchasing process for greater convenience. To celebrate this launch, Bajaj Auto is offering special promotions including instant discounts of up to INR 5,000, 12-month interest-free EMI options, and additional card offers on Flipkart for a limited time. Sarang Kanade, President of Motorcycle Business at Bajaj Auto Ltd., expressed enthusiasm about this new initiative. He emphasised that this collaboration with Flipkart marks a significant milestone in motorcycle retail, reflecting Bajaj Auto's commitment to innovation and customer-centric approaches. By making its diverse range of motorcycles available on Flipkart, Bajaj Auto aims to expand its reach while providing customers with a more convenient and efficient purchasing experience. Kanade highlighted that this move is a crucial component of Bajaj Auto's omni-channel strategy, designed to ensure that customers can access their products through both online and offline channels, thereby enhancing the overall customer experience. Jagjeet Harode, Vice President of Electronics at Flipkart, also shared his perspective on this collaboration. He expressed Flipkart's excitement about partnering with Bajaj Auto to bring their comprehensive motorcycle range to the e-commerce platform. This initiative not only expands Flipkart's automotive category but also provides customers across India with the convenience of booking their preferred motorcycles from the comfort of their homes. Harode noted that Flipkart has observed an encouraging response from consumers regarding online motorcycle bookings, and views this launch as a significant milestone in their mission to democratize access for consumers. This partnership between Bajaj Auto and Flipkart represents a notable shift in the automotive retail landscape in India, blending traditional manufacturing expertise with modern e-commerce capabilities to provide customers with more flexible and accessible purchasing options for motorcycles.

Bajaj Auto expands motorcycle range available on Flipkart now

Bajaj Auto expands motorcycle range available on Flipkart now for easy online purchase

India's Bajaj Auto has tied up with the UK's Triumph Motorcycles.

The joint venture will manufacture mid-capacity motorcycles for Indian and international markets.

115 years old, Triumph is one of the oldest motorcycle companies in the world. &nbsp;

The tie-up will allow Triumph -- using Bajaj's extensive dealer network and experience -- to break into the small motorcycle market, especially in emerging markets, while Bajaj will get access to Triumph technology and know-how.&nbsp;

"The objective of this non-equity partnership is to deliver a range of outstanding mid-range motorcycles benefiting from the collective strengths of both the companies," Bajaj Auto Managing Director Rajiv Bajaj and Triumph Motorcycles CEO Nick Bloor said in a joint statement.

Bajaj already has a tie-up with the Austrian motorcycle manufacturer KTM.&nbsp;

Bajaj has a 47% stake in KTM and a&nbsp;third of KTM's manufacturing takes place at Bajaj's Chakan plant in Pune.&nbsp;

Bajaj's tie-up with KTM has helped the Austrian motorcycle manufacturer push up global sales from 65,000 units a year to over 200,000.&nbsp;

The Bajaj-Triumph motorcycles will also be made at Chakan.&nbsp;

That means there will finally be four motorcycle brands -- Bajaj, KTM, the Swedish Husqvarna (also owned by KTM), and the Bajaj-Triumph motorcycles -- manufactured at Chakan.&nbsp;

The Bajaj-Triumph motorcycles will finally be sold under the brand name Triumph.&nbsp;

Bajaj will not buy a stake in Triumph.&nbsp;

Bajaj Auto stocks shot up by 3 per cent after the announcement.

&nbsp;

&nbsp;

Bajaj stocks rose by 3 per cent after the announcement

India's Bajaj Auto has tied up with the UK's Triumph Motorcycles. The joint venture will manufacture mid-capacity motorcycles for Indian and international markets. 115 years old, Triumph is one of the oldest motorcycle companies in the world. The tie-up will allow Triumph -- using Bajaj's extensive dealer network and experience -- to break into the small motorcycle market, especially in emerging markets, while Bajaj will get access to Triumph technology and know-how. "The objective of this non-equity partnership is to deliver a range of outstanding mid-range motorcycles benefiting from the collective strengths of both the companies," Bajaj Auto Managing Director Rajiv Bajaj and Triumph Motorcycles CEO Nick Bloor said in a joint statement. Bajaj already has a tie-up with the Austrian motorcycle manufacturer KTM. Bajaj has a 47% stake in KTM and a third of KTM's manufacturing takes place at Bajaj's Chakan plant in Pune. Bajaj's tie-up with KTM has helped the Austrian motorcycle manufacturer push up global sales from 65,000 units a year to over 200,000. The Bajaj-Triumph motorcycles will also be made at Chakan. That means there will finally be four motorcycle brands -- Bajaj, KTM, the Swedish Husqvarna (also owned by KTM), and the Bajaj-Triumph motorcycles -- manufactured at Chakan. The Bajaj-Triumph motorcycles will finally be sold under the brand name Triumph. Bajaj will not buy a stake in Triumph. Bajaj Auto stocks shot up by 3 per cent after the announcement.

Bajaj Auto announces tie-up with Triumph Motorcycles

With the market capitalisation crossing Rs 1 lakh crore (approx USD 13.6&nbsp;billion), Bajaj Auto has become the most valuable two-wheeler company in the world.

On January 1, the auto giant's share price closed at Rs 3,479 on the National Stock Exchange (NSE), taking its market cap to ₹ 1,00,670.76 crore thereby becoming the first company in the world to have a market capitalisation over ₹ 1 lakh crore.

Also read | <a href="https://www.wionews.com/world/just-shy-of-target-elon-musk-steers-tesla-to-record-deliveries-354341">'Just shy of target': Elon Musk steers Tesla to record deliveries</a>

Bajaj quoted analysts claiming that a market capitalisation of over ₹ 1 lakh crore has not been achieved by any other company in the world.

Also read | <a href="https://www.wionews.com/world/chinas-crackdown-on-alibabas-jack-ma-cost-him-11-billion-353324">China's crackdown on Alibaba's Jack Ma cost him $11 billion</a>

The development comes as the scooter company is marking 75 years of operations.

"The company's sharp focus on the motorcycles category and its unwavering commitment to strategies of differentiation as well as the practice of TPM combined with global ambitions have today made Bajaj the most valuable two-wheeler company across the globe. This inspires us even more to serve and delight customers all over the world," said Rajiv Bajaj, Managing Director of Bajaj Auto.

The company dominates the two-wheeler market segment in India and exports its vehicles to over 70 countries.

With the market capitalisation crossing Rs 1 lakh crore (approx USD 13.6 billion), Bajaj Auto has become the most valuable two-wheeler company in the world. On January 1, the auto giant's share price closed at Rs 3,479 on the National Stock Exchange (NSE), taking its market cap to ₹ 1,00,670.

With the market capitalisation crossing Rs 1 lakh crore (approx USD 13.6 billion), Bajaj Auto has become the most valuable two-wheeler company in the world. On January 1, the auto giant's share price closed at Rs 3,479 on the National Stock Exchange (NSE), taking its market cap to ₹ 1,00,670.76 crore thereby becoming the first company in the world to have a market capitalisation over ₹ 1 lakh crore. Also read | 'Just shy of target': Elon Musk steers Tesla to record deliveries Bajaj quoted analysts claiming that a market capitalisation of over ₹ 1 lakh crore has not been achieved by any other company in the world. Also read | China's crackdown on Alibaba's Jack Ma cost him $11 billion The development comes as the scooter company is marking 75 years of operations. "The company's sharp focus on the motorcycles category and its unwavering commitment to strategies of differentiation as well as the practice of TPM combined with global ambitions have today made Bajaj the most valuable two-wheeler company across the globe. This inspires us even more to serve and delight customers all over the world," said Rajiv Bajaj, Managing Director of Bajaj Auto. The company dominates the two-wheeler market segment in India and exports its vehicles to over 70 countries.

Bajaj Auto is now world's most valuable two-wheeler company

Indian two-wheeler majors Hero Moto and Bajaj Auto plan to sharply expand two-wheeler production in India. Watch this video to know more.

WION Dispatch: Indian two-wheeler majors Hero Moto, Bajaj Auto plan expansion

Bajaj auto’s Waluj plant employees in Aurangabad will have their salaries reduced by around 50 per cent during the nine-day lockdown duet to coronavirus starting later this week.&nbsp;

Reports said the local authorities have decided to lockdown the city and the industrial area from July 10 to July 18 amid the coronavirus pandemic. The unit, which employs close to 8,000 workers including contract and permanent employees accounts for half the company’s total production in India.&nbsp;

Reports say workers at Bajaj auto's Aurangabad plant are refusing to report to&nbsp;duty as the coronavirus cases have been steadily rising with close to 250 workers having been infected with five dying of the virus.&nbsp;

The district which has several auto and pharma units has been reporting a large number of of cases daily. &nbsp;Earlier reports had said that the management of Bajaj auto and workers had failed to reach any deal on the suspension of operations to control the coronavirus infections as cases continued to rise at the plant. &nbsp;

The company rolls out motorcycles and three-wheelers at its Waluj plant for domestic as well as export markets. However, two hundred coronavirus cases have been identified till June and two workers have died due to the virus.&nbsp;

In April and May, employees at other leading automakers such as Maruti Suzuki India, Hyundai Motor, Toyota Kirloskar Motor had reported coronavirus cases, following which the companies had announced temporary shutdown of the plant.&nbsp;

Bajaj auto is the largest two-wheeler exporter out of India and sells bikes and scooters domestically and to several other countries in the world.

Bajaj auto’s Waluj plant employees in Aurangabad will have their salaries reduced by around 50 per cent during the nine-day lockdown duet to coronavirus starting later this week.

Bajaj auto’s Waluj plant employees in Aurangabad will have their salaries reduced by around 50 per cent during the nine-day lockdown duet to coronavirus starting later this week. Reports said the local authorities have decided to lockdown the city and the industrial area from July 10 to July 18 amid the coronavirus pandemic. The unit, which employs close to 8,000 workers including contract and permanent employees accounts for half the company’s total production in India. Reports say workers at Bajaj auto's Aurangabad plant are refusing to report to duty as the coronavirus cases have been steadily rising with close to 250 workers having been infected with five dying of the virus. The district which has several auto and pharma units has been reporting a large number of of cases daily. Earlier reports had said that the management of Bajaj auto and workers had failed to reach any deal on the suspension of operations to control the coronavirus infections as cases continued to rise at the plant. The company rolls out motorcycles and three-wheelers at its Waluj plant for domestic as well as export markets. However, two hundred coronavirus cases have been identified till June and two workers have died due to the virus. In April and May, employees at other leading automakers such as Maruti Suzuki India, Hyundai Motor, Toyota Kirloskar Motor had reported coronavirus cases, following which the companies had announced temporary shutdown of the plant. Bajaj auto is the largest two-wheeler exporter out of India and sells bikes and scooters domestically and to several other countries in the world.

Bajaj auto’s Waluj plant employees face salary cut amid lockdown

Indian shares ended lower on Thursday, led by losses in metal and state-owned banking stocks, as worries over the economic impact of the coronavirus weighed on sentiment and as markets waited for the release of the country's federal budget on Saturday.

The NSE <a href="https://www.wionews.com/business-economy/nifty-closes-at-12130-tata-motors-top-performer-277344">Nifty</a> 50 index closed down 0.77 per cent&nbsp;at 12,035.80, while the S&amp;P BSE&nbsp;<a href="https://www.wionews.com/business-economy/nifty-sensex-fall-for-second-day-as-china-virus-fears-persist-277102">Sensex&nbsp;</a>ended 0.69 per cent lower at 40,913.82.

Also read: <a href="https://www.wionews.com/india-news/coronavirus-outbreak-in-india-kerala-reports-first-confirmed-case-277500">Coronavirus: First confirmed case in India, Kerala student tests positive</a>

India reported its first case of the new coronavirus on Thursday, saying a student in Kerala had tested positive for the virus that originated in <a href="https://www.wionews.com/videos/coronavirus-death-toll-rises-to-170-in-china-277445">China</a> and has killed 170 people so far.

Investor fears of the impact of the fast-spreading virus have led them to offload riskier equities and turn to safe-haven assets such as gold and bonds.

The Nifty state-owned banking index closed down 1.32 per cent, while the metals index was down 1.39 per cent.

<a href="https://www.wionews.com/business-economy/board-member-at-yes-bank-quits-cites-governance-concerns-273443">Yes Bank </a>led losses among the blue-chip stocks, falling 5.22 per cent, while <a href="https://www.wionews.com/business-economy/bajaj-auto-reports-9-fall-in-vehicle-sales-during-october-259184">Bajaj Auto</a>, the top gainer, rose 1.74&nbsp;per cent.

Indian shares ended lower on Thursday, led by losses in metal and state-owned banking stocks, as worries over the economic impact of the coronavirus weighed on sentiment and as markets waited for the release of the country's federal budget on Saturday.

Indian shares ended lower on Thursday, led by losses in metal and state-owned banking stocks, as worries over the economic impact of the coronavirus weighed on sentiment and as markets waited for the release of the country's federal budget on Saturday. The NSE Nifty 50 index closed down 0.77 per cent at 12,035.80, while the S&P BSE Sensex ended 0.69 per cent lower at 40,913.82. Also read: Coronavirus: First confirmed case in India, Kerala student tests positive India reported its first case of the new coronavirus on Thursday, saying a student in Kerala had tested positive for the virus that originated in China and has killed 170 people so far. Investor fears of the impact of the fast-spreading virus have led them to offload riskier equities and turn to safe-haven assets such as gold and bonds. The Nifty state-owned banking index closed down 1.32 per cent, while the metals index was down 1.39 per cent. Yes Bank led losses among the blue-chip stocks, falling 5.22 per cent, while Bajaj Auto, the top gainer, rose 1.74 per cent.

Sensex, Nifty end lower on coronavirus fears; metals drag

Two- and three-wheeler manufacturer Bajaj Auto on Friday said that it sold 4.63 lakh vehicles in October, down 9 per cent in the year-ago period.

In October 2018, it had sold 5.06 lakh units, it said in a statement.

Domestic sales of motorcycles fell by 14 per cent to 2.42 lakh units from 2.81 lakh in October last year. But exports rose by 3 per cent to 1.56 lakh units from 1.51 lakh.

For the April to October period, motorcycle sales work out to 13.74 lakh units in the domestic market, down 12 per cent from 15.68 lakh units, and 10.9 lakh units in export markets, up 7 per cent from 10.2 lakh units year-on-year.

In commercial vehicles, domestic sales slipped by 5 per cent to 36,260 units last month from 38,360 in October last year.

Exports too fell by 21 per cent to 28,035 units from 35,354 units.

For the April to October period, domestic sales totalled 2.3 lakh units, down 6 per cent from 2.4 lakh units, while exports dropped by 21 per cent to 1.87 lakh units from 2.38 lakh units year-on-year.

Two- and three-wheeler manufacturer Bajaj Auto on Friday said that it sold 4.63 lakh vehicles in October, down 9 per cent in the year-ago period. In October 2018, it had sold 5.

Two- and three-wheeler manufacturer Bajaj Auto on Friday said that it sold 4.63 lakh vehicles in October, down 9 per cent in the year-ago period. In October 2018, it had sold 5.06 lakh units, it said in a statement. Domestic sales of motorcycles fell by 14 per cent to 2.42 lakh units from 2.81 lakh in October last year. But exports rose by 3 per cent to 1.56 lakh units from 1.51 lakh. For the April to October period, motorcycle sales work out to 13.74 lakh units in the domestic market, down 12 per cent from 15.68 lakh units, and 10.9 lakh units in export markets, up 7 per cent from 10.2 lakh units year-on-year. In commercial vehicles, domestic sales slipped by 5 per cent to 36,260 units last month from 38,360 in October last year. Exports too fell by 21 per cent to 28,035 units from 35,354 units. For the April to October period, domestic sales totalled 2.3 lakh units, down 6 per cent from 2.4 lakh units, while exports dropped by 21 per cent to 1.87 lakh units from 2.38 lakh units year-on-year.

Bajaj Auto reports 9% fall in vehicle sales during October

<a href="https://www.wionews.com/business-economy/sensex-sheds-over-250-points-as-equity-indices-open-in-red-237574">Equity benchmark indices opened higher</a> but quickly turned volatile during early hours on Tuesday as investors awaited more corporate earnings due this week.

At 10:15 am, the BSE S&amp;P Sensex was up 48 points at 38,079 while the Nifty 50 gained 11 points to 11,357.&nbsp;

Except for IT and realty, all sectoral indices at the National Stock Exchange were in the red.

IT stocks were up with Infosys gaining 2.1 per cent and Wipro by 1.3 per cent. The other gainers were Kotak Mahindra Bank, Axis Bank and Power Grid.

However, Yes Bank dropped 2.7 per cent while HDFC Bank was down 2 per cent. Bharti Infratel, HDFC and Bajaj Auto also edged lower by about 1.8 per cent.

Meanwhile, Asian stocks traded slightly higher ahead of a busy week of US corporate earnings as well as potential developments in trade negotiations.

&nbsp;Oil prices stabilised after recent gains amid tensions in the Persian Gulf.

Shares in Tokyo outperformed while equities also rose in Sydney and Seoul. Hong Kong and Shanghai opened little changed. Trading was thin across the region with volumes below average.&nbsp;

Equity benchmark indices opened higher but quickly turned volatile during early hours on Tuesday as investors awaited more corporate earnings due this week. At 10:15 am, the BSE S&P Sensex was up 48 points at 38,079 while the Nifty 50 gained 11 points to 11,357.

Equity benchmark indices opened higher but quickly turned volatile during early hours on Tuesday as investors awaited more corporate earnings due this week. At 10:15 am, the BSE S&P Sensex was up 48 points at 38,079 while the Nifty 50 gained 11 points to 11,357. Except for IT and realty, all sectoral indices at the National Stock Exchange were in the red. IT stocks were up with Infosys gaining 2.1 per cent and Wipro by 1.3 per cent. The other gainers were Kotak Mahindra Bank, Axis Bank and Power Grid. However, Yes Bank dropped 2.7 per cent while HDFC Bank was down 2 per cent. Bharti Infratel, HDFC and Bajaj Auto also edged lower by about 1.8 per cent. Meanwhile, Asian stocks traded slightly higher ahead of a busy week of US corporate earnings as well as potential developments in trade negotiations. Oil prices stabilised after recent gains amid tensions in the Persian Gulf. Shares in Tokyo outperformed while equities also rose in Sydney and Seoul. Hong Kong and Shanghai opened little changed. Trading was thin across the region with volumes below average.

Equities flat amid volatile trading, Infosys gains over 2 per cent

The BSE Sensex rebounded over 69 points in opening trade, breaking its three-day losing run, ahead of the RBI's bi-monthly policy meet outcome due later in the day. 
 
The 30-share index recovered by 69.38 points, or 0.19 per cent, to 34,972.59. It had lost 419.17 points in the previous three sessions.

Sectoral indices led by FMCG, auto, metal, IT and capital goods rose by up to 0.30 per cent. 
 
The NSE Nifty also went up by 22.65 points, or 0.21 per cent, to 10,615.80.

Brokers said investors were seen raising their bets ahead of the monetary policy announcement. 
 
Besides, a mixed trend at other Asian bourses influenced the trading sentiment in the domestic market. 
 
Shares of Bharti Airtel, Coal India, L&T, Tata Motors, M&M, Adani Ports, ITC, Sun Pharma, Bajaj Auto, Maruti Suzuki, Power Grid and Infosys climbed up to 1.48 per cent. 
 
Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 474.33 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 157.51 crore yesterday, as per provisional data. 
 
Among other Asian markets, Japan's Nikkei rose 0.19 per cent, while Hong Kong's Hang Seng edged up 0.31 per cent in their early trade. However, Shanghai Composite Index shed 0.15 per cent. 
 
The US Dow Jones Industrial Average ended 0.06 per cent lower in yesterday's trade.&nbsp;

Sectoral indices led by FMCG, auto, metal, IT and capital goods rose by up to 0.30 per cent

The BSE Sensex rebounded over 69 points in opening trade, breaking its three-day losing run, ahead of the RBI's bi-monthly policy meet outcome due later in the day. The 30-share index recovered by 69.38 points, or 0.19 per cent, to 34,972.59. It had lost 419.17 points in the previous three sessions. Sectoral indices led by FMCG, auto, metal, IT and capital goods rose by up to 0.30 per cent. The NSE Nifty also went up by 22.65 points, or 0.21 per cent, to 10,615.80. Brokers said investors were seen raising their bets ahead of the monetary policy announcement. Besides, a mixed trend at other Asian bourses influenced the trading sentiment in the domestic market. Shares of Bharti Airtel, Coal India, L&T, Tata Motors, M&M, Adani Ports, ITC, Sun Pharma, Bajaj Auto, Maruti Suzuki, Power Grid and Infosys climbed up to 1.48 per cent. Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 474.33 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 157.51 crore yesterday, as per provisional data. Among other Asian markets, Japan's Nikkei rose 0.19 per cent, while Hong Kong's Hang Seng edged up 0.31 per cent in their early trade. However, Shanghai Composite Index shed 0.15 per cent. The US Dow Jones Industrial Average ended 0.06 per cent lower in yesterday's trade.

Market opens higher ahead of RBI policy decision

The BSE Sensex extended gains for the second straight day by rising about 139 points in opening trade on sustained buying by domestic institutional investors amid a firm trend at other Asian bourses.

The 30-share barometer, which had gained 318.48 points in the previous session, was trading higher by 138.52 points, or 0.41 per cent, at 33,490.09. Sectoral indices led by Metal, IT, Teck, Consumer Durables and FMCG led the gains, rising by up to 0.64 per cent.

On similar lines, the NSE Nifty was up by 35.35 points, or 0.34 per cent, at 10,278 points.

Traders said sentiment remained upbeat on increased buying by domestic institutional investors and a firm trend at other Asian markets, extending gains on Wall Street following signs from the White House that US President Donald Trump&#39;s tariffs may be softer than initially feared.

Major gainers that supported the upmove were Bajaj Auto, Bharti Airtel, Asian Paints, Tata Steel, Adani Ports, Hero MotoCorp, HDFC, ITC and Dr Reddy&#39;s, rising by up to 1.03 per cent.

However, Gitanjali Gems remained under selling pressure and traded 4.82 per cent lower at Rs 15.80.

Domestic institutional investors bought shares worth a net Rs 675.26 crore, while foreign portfolio investors sold shares worth a net Rs 364.80 crore yesterday, provisional data showed.

Globally, Hong Kong&#39;s Hang Seng was up 0.85 per cent, Shanghai&#39;s Composite rose 0.11 per cent and Japan&#39;s Nikkei went up by 0.87 per cent in early deals.

The US Dow Jones Industrial Average ended 0.38 per cent higher in yesterday&#39;s trade.&nbsp;

The BSE Sensex extended gains for the second straight day by rising about 139 points in opening trade on sustained buying by domestic institutional investors amid a firm trend at other Asian bourses

The BSE Sensex extended gains for the second straight day by rising about 139 points in opening trade on sustained buying by domestic institutional investors amid a firm trend at other Asian bourses. The 30-share barometer, which had gained 318.48 points in the previous session, was trading higher by 138.52 points, or 0.41 per cent, at 33,490.09. Sectoral indices led by Metal, IT, Teck, Consumer Durables and FMCG led the gains, rising by up to 0.64 per cent. On similar lines, the NSE Nifty was up by 35.35 points, or 0.34 per cent, at 10,278 points. Traders said sentiment remained upbeat on increased buying by domestic institutional investors and a firm trend at other Asian markets, extending gains on Wall Street following signs from the White House that US President Donald Trump's tariffs may be softer than initially feared. Major gainers that supported the upmove were Bajaj Auto, Bharti Airtel, Asian Paints, Tata Steel, Adani Ports, Hero MotoCorp, HDFC, ITC and Dr Reddy's, rising by up to 1.03 per cent. However, Gitanjali Gems remained under selling pressure and traded 4.82 per cent lower at Rs 15.80. Domestic institutional investors bought shares worth a net Rs 675.26 crore, while foreign portfolio investors sold shares worth a net Rs 364.80 crore yesterday, provisional data showed. Globally, Hong Kong's Hang Seng was up 0.85 per cent, Shanghai's Composite rose 0.11 per cent and Japan's Nikkei went up by 0.87 per cent in early deals. The US Dow Jones Industrial Average ended 0.38 per cent higher in yesterday's trade.

Sensex extends gains, up 139 points in early trade on global cues

The benchmark BSE Sensex rose over 134 points on Monday on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks.

Sentiments bolstered in all Asian markets following positive cues from Wall Street.

Also, continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said.

The BSE Sensex rose 133.78 points, or 0.39 per cent, to 34,275.93. All sectoral indices were trading higher, led by metals, auto, capital goods and banking stocks that gained up to 1.34 per cent.

The gauge had gained 322.65 points in the previous session on Friday.

The broader Nifty 50 index was also trading above the key 10,500-level at 10,529.10, a gain of 38.05 points, or 0.36 per cent.

Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26 per cent.

On a net basis, DIIs bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed.

Among Asian markets, Japan&#39;s Nikkei was trading higher by 0.82 per cent. Hong Kong&#39;s Hang Seng up 0.54 per cent and Shanghai Composite 0.31 per cent higher.

The US Dow Jones Industrial Average ended 1.39 per cent higher on Friday&#39;s trade.&nbsp;

Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26

The benchmark BSE Sensex rose over 134 points on Monday on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks. Sentiments bolstered in all Asian markets following positive cues from Wall Street. Also, continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said. The BSE Sensex rose 133.78 points, or 0.39 per cent, to 34,275.93. All sectoral indices were trading higher, led by metals, auto, capital goods and banking stocks that gained up to 1.34 per cent. The gauge had gained 322.65 points in the previous session on Friday. The broader Nifty 50 index was also trading above the key 10,500-level at 10,529.10, a gain of 38.05 points, or 0.36 per cent. Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26 per cent. On a net basis, DIIs bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed. Among Asian markets, Japan's Nikkei was trading higher by 0.82 per cent. Hong Kong's Hang Seng up 0.54 per cent and Shanghai Composite 0.31 per cent higher. The US Dow Jones Industrial Average ended 1.39 per cent higher on Friday's trade.

Sensex rises 134 points, Nifty tops 10,500 on global cues

Bajaj Auto on Wednesday launched two new premium variants of its popular Discover range of motorcycle.

The company said in a statement that Discover 110 and Discover 125 have been launched with more powerful engines, stylish looks and have first-in-class double LED DRLs (day running light) headlamps.

The newly launched Discover 110 is equipped with advance 4 stroke, air-cooled, single cylinder 115.5cc DTS-I engine which delivers a class leading 8.6 Ps power and 9.81 NM torque. On the other hand, Discover 125 is geared with advance 4 stroke, air-cooled, single cylinder 124.5cc DTS-I engine which delivers a class leading 11 Ps power and 11 NM torque.

These new bikes also have 16 per cent longer suspension and extra cushioned seats, it added.

While the Discover 110 will be available at a price of Rs 50,496 (ex-showroom Maharashtra), its 125cc sibling has a price tag of Rs 53,491 and 56,314 for drum and disc versions respectively.

These motorcycles are available in black, red and blue colours.

These new bikes also have 16 per cent longer suspension and extra cushioned seats.

Bajaj Auto on Wednesday launched two new premium variants of its popular Discover range of motorcycle. The company said in a statement that Discover 110 and Discover 125 have been launched with more powerful engines, stylish looks and have first-in-class double LED DRLs (day running light) headlamps. The newly launched Discover 110 is equipped with advance 4 stroke, air-cooled, single cylinder 115.5cc DTS-I engine which delivers a class leading 8.6 Ps power and 9.81 NM torque. On the other hand, Discover 125 is geared with advance 4 stroke, air-cooled, single cylinder 124.5cc DTS-I engine which delivers a class leading 11 Ps power and 11 NM torque. These new bikes also have 16 per cent longer suspension and extra cushioned seats, it added. While the Discover 110 will be available at a price of Rs 50,496 (ex-showroom Maharashtra), its 125cc sibling has a price tag of Rs 53,491 and 56,314 for drum and disc versions respectively. These motorcycles are available in black, red and blue colours.

Bajaj Auto launches 2 new variants of Discover bike

The benchmark sensex staged a strong comeback in early trade today gaining over 149 points on widespread buying by participants amid positive Asian cues.

The 30-share index was trading higher by 149.05 points or 0.46 per cent at 32,746.23. All the sectoral indices led by capital goods, power, oil &amp; gas and PSU were trading in the green with gains of up to 1.20 per cent.

The gauge had lost 205 points yesterday following the Reserve Bank&#39;s decision to leave interest rates unchanged and raised the inflation forecast for the remainder of the current fiscal to 4.3-4.7 per cent.&nbsp;Also, the NSE Nifty recovered by 49.25 points or 0.49 per cent to 10,093.35.

Major gainers were Tata Steel, L&amp;T, Hero MotoCorp, Adani Ports, Bajaj Auto, Maruti Suzuki, Hindustan Unilever, Bharti Airtel, NTPC, Power Grid, Axis Bank, SBI, and ICICI Bank, rising up to 1.32 per cent.&nbsp;Brokers said buying by Domestic Institutional Investors (DIIs) and a firm trend in other Asian bourses improved the market sentiment.

DIIs had bought shares worth Rs 995.11 crore, while foreign funds sold shares to the tune of Rs 1,217.92 crore yesterday, the provisional exchange data showed.

In the Asian region, Hong Kong&#39;s Hang Seng was up 0.10 per cent while Japan&#39;s Nikkei gained 1.27 per cent in early trade today. Shanghai Composite Index, however, shed 0.52 per cent.&nbsp;The US Dow Jones Industrial Average ended 0.16 per cent down yesterday.&nbsp;

The sensex staged a strong comeback on widespread buying by participants amid positive Asian cues. Some of the major gainers were Tata Steel, L&T, Hero MotoCorp, Adani Ports and Bajaj Auto

The benchmark sensex staged a strong comeback in early trade today gaining over 149 points on widespread buying by participants amid positive Asian cues. The 30-share index was trading higher by 149.05 points or 0.46 per cent at 32,746.23. All the sectoral indices led by capital goods, power, oil & gas and PSU were trading in the green with gains of up to 1.20 per cent. The gauge had lost 205 points yesterday following the Reserve Bank's decision to leave interest rates unchanged and raised the inflation forecast for the remainder of the current fiscal to 4.3-4.7 per cent. Also, the NSE Nifty recovered by 49.25 points or 0.49 per cent to 10,093.35. Major gainers were Tata Steel, L&T, Hero MotoCorp, Adani Ports, Bajaj Auto, Maruti Suzuki, Hindustan Unilever, Bharti Airtel, NTPC, Power Grid, Axis Bank, SBI, and ICICI Bank, rising up to 1.32 per cent. Brokers said buying by Domestic Institutional Investors (DIIs) and a firm trend in other Asian bourses improved the market sentiment. DIIs had bought shares worth Rs 995.11 crore, while foreign funds sold shares to the tune of Rs 1,217.92 crore yesterday, the provisional exchange data showed. In the Asian region, Hong Kong's Hang Seng was up 0.10 per cent while Japan's Nikkei gained 1.27 per cent in early trade today. Shanghai Composite Index, however, shed 0.52 per cent. The US Dow Jones Industrial Average ended 0.16 per cent down yesterday.

Sensex rebounds 149 points in early trade

The benchmark BSE Sensex fell further by 100 points in early trade today due to selling in interest-sensitive stocks ahead of RBI&#39;s policy announcement later in the day.

The rupee&#39;s weakness against the dollar too dampened the overall mood.

The 30-share index fell 100.07 points, or 0.30 per cent, to 32,702.37, with sectoral indices of banking, auto, metal and PSU trading dropping up to 1.76 per cent.

The gauge had lost 67.28 points in the previous session.

The NSE Nifty too shed 39.15 points, or 0.38 per cent, to settle at 10,079.10.

Brokers said sentiment remained somewhat subdued as investors kept their positions at a low ebb amid expectation that the central bank may keep rates unchanged.

Major losers were SBI, ICICI Bank, HDFC Bank, Axis Bank, HDFC Ltd, Maruti Suzuki, Bajaj Auto, Hero MotoCorp, Tata Steel, ITC Ltd and Wipro.

Among the Asian bourses, Hong Kong&#39;s Hang Seng was down 1.12 per cent while Japan&#39;s Nikkei shed 0.90 per cent. Shanghai Composite Index too fell 0.61 per cent in early trade today.

The US Dow Jones Industrial Average ended 0.45 per cent lower yesterday.

The 30-share index fell 100.07 points, or 0.30 per cent, to 32,702.37

The benchmark BSE Sensex fell further by 100 points in early trade today due to selling in interest-sensitive stocks ahead of RBI's policy announcement later in the day. The rupee's weakness against the dollar too dampened the overall mood. The 30-share index fell 100.07 points, or 0.30 per cent, to 32,702.37, with sectoral indices of banking, auto, metal and PSU trading dropping up to 1.76 per cent. The gauge had lost 67.28 points in the previous session. The NSE Nifty too shed 39.15 points, or 0.38 per cent, to settle at 10,079.10. Brokers said sentiment remained somewhat subdued as investors kept their positions at a low ebb amid expectation that the central bank may keep rates unchanged. Major losers were SBI, ICICI Bank, HDFC Bank, Axis Bank, HDFC Ltd, Maruti Suzuki, Bajaj Auto, Hero MotoCorp, Tata Steel, ITC Ltd and Wipro. Among the Asian bourses, Hong Kong's Hang Seng was down 1.12 per cent while Japan's Nikkei shed 0.90 per cent. Shanghai Composite Index too fell 0.61 per cent in early trade today. The US Dow Jones Industrial Average ended 0.45 per cent lower yesterday.

Sensex down 100 points as RBI policy decision looms

bajaj-auto

Bajaj Auto, News on Bajaj Auto, stories on Bajaj Auto, articles on Bajaj Auto, Bajaj Auto stories at Wion, Bajaj Auto news, Bajaj Auto latest news

bajaj auto