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Pierer Mobility, Bajaj to simplify shareholding structure
Updated : 4 years, 7 months ago IST
Pune (Maharashtra) [India], July 27 (ANI): Bajaj Auto's Netherland subsidiary will swap 46.5 per cent out of its 48 per cent stake in KTM AG for a stake in PTW Holding (100 per cent subsidiary of Pierer lndustrie), thus becoming an equity holder along with Pierer lndustrie in PTW Holding.
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Bajaj Auto clocks sales of 3.48 lakh units in April
Updated : 4 years, 10 months ago IST
Pune (Maharashtra) [India], May 3 (ANI): Two- and three-wheeler manufacturer Bajaj Auto said on Monday it clocked global sales of 3.48 lakh units in April of which 2.21 lakh units were exported to emerge as the India's number one motorcycle manufacturer.
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Bajaj Auto may offload KTM AG's 48 pc stake to its parent company
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Mar 21 (ANI): Bajaj Auto International Holdings BV is in talks to offload its 48 per cent stake in Austria-based KTM AG to its parent company KTM Industries AG, which is Europe's biggest sport motorcycles producer.
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