Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in consumer spending across sectors after a two-year post-pandemic boom. While industry body Society of Indian Automobile Manufacturers (SIAM) will issue official sales only later this month, industry … Read more
New Delhi | Kolkata: India needs to raise its game quickly and look beyond production-linked incentive (PLI) schemes to establish itself as a global manufacturing powerhouse and create millions of new jobs, say experts. Time, they say, is ripe for the next wave of big-bang policy measures from the government to ensure that India’s efforts … Read more
Royal Enfield today launched a new version of its iconic Classic 350 in several new colours and features. It will hit the markets next month. 2024 Royal Enfield Classic 350 Specification The new Enfield Classic 350 will be available in seven colours. Besides, the new version will have a USB charging port, LED lighting all-around, … Read more
Shared mobility services provider Yulu Bikes is looking to raise upwards of $100 million in a Series C round to expand operations over the next couple of years. Yulu, which has a strategic partnership to develop electric vehicles with Bajaj Auto, is looking at more than doubling the fleet of electric two-wheelers it deploys for … Read more
Bajaj Auto has made its entire motorcycle range available on Flipkart, one of India’s premier e-commerce platform. As part of this collaboration, the company’s range of motorcycles from 100cc to 400cc engine capacity, will be available for online booking, providing customers with a convenient purchasing experience.The company’s well-known models, such as the Pulsar, Dominar, Avenger, … Read more
Two-wheeler makers Royal Enfield, Bajaj Auto and Hero MotoCorp posted record revenue from sales of branded, genuine parts – like brake pads, headlights and speedometer – accessories and merchandise in FY24. At their post-earnings investor calls, company executives attributed this to the market for such items becoming more organised and buyers giving preference to branded … Read more
Technical analysts continue to maintain a cautious outlook on Nifty for the truncated trading week ahead. According to analysts, profit-taking may resume until the index decisively reclaims 22,200. Some of the stocks recommended by analysts for short-term trades include Apollo Hospitals, Eicher Motors, Hero Motocorp, Maruti, Bajaj Auto, Sun Pharma, Tata Motors, ABB, Cummins India, … Read more
Pune: Bajaj Auto is developing a portfolio of clean fuel CNG motorcycles, and the first such bike will hit the market in June, Bajaj Auto managing director Rajiv Bajaj said here on Friday. The bike will run on CNG and would hit the roads in June, he said while announcing Bajaj Group’s commitment of Rs … Read more
Bajaj Auto is developing a portfolio of clean fuel CNG motorcycles, and the first such bike will hit the market in June, Bajaj Auto Managing Director Rajiv Bajaj said here on Friday. The bike will run on CNG and would hit the roads in June, he said while announcing Bajaj Group commitment of Rs 5,000 … Read more
Rakesh Sharma, ED, Bajaj Auto, says coming to exports recovery, in the last one or two quarters, we have bottomed out and have also sensed a slightly better flow of funds from overseas, but still have to watch a couple of quarters to see whether there is a substantive and sustainable recovery now well underway.” … Read more