Bajaj Auto eyes €800-mn KTM buy

 

Bajaj Auto Ltd., via wholly owned Bajaj Auto Interna-tional Holdings BV (BAIHBV), said it plans to take control of KTM unit headquartered in Austria. With this action and post requisite approvals coming through, Bajaj will move from hitherto being a dormant minority investor to a majority owner in the global KTM company while continuing to accelerate the KTM business run out of India under the joint de velopment programme, BAIHBV has arranged a debt funding package of €800 mn. where it develops, makes and sells in India as well as exports to 80 countries. Also, BAIHBV has ar-ranged a debt funding package of €800 million to enable the continuity of the KTM business

Comments

Post a Comment

Popular posts from this blog

GPL REVIEW

 The GPL (Gnanam Premier League) is also known as the Girls Premier League. There are a total of four teams participating: Chola Knight Riders, Maratha Royals, Sengipatti Super Singhams, and Delta Dare Devils. Each team has two owners and one captain. Player selection happens through an auction, and players are divided into three categories: Platinum, Gold, and Silver. The GPL is held for one week at the Gnanam School of Business playground. Through this activity, students — including myself — can practically learn management and business skills behind the game of cricket. My favourite player is Vijay because of his excellent fielding skills. Thank you!
Read more

Book review for May

                       The One Minute Manager  1. About the Author: The One Minute Manager was co-authored by Ken Blanchard and Spencer Johnson . Ken Blanchard is a leadership expert and management consultant known for his practical business advice. Spencer Johnson , a physician and psychologist, is also famous for his parable-style business writing, including Who Moved My Cheese? 2. Context of the Book: First published in 1982 , The One Minute Manager emerged during a period of rising interest in employee productivity and management efficiency . The book simplifies core management principles into an easy-to-follow narrative through a fictional story involving a young man's search for effective management. 3. Purpose of the Book: The book aims to show how managers can achieve better results in less time by applying three simple techniques. It's meant to improve productivity, communication, and job satisfact...
Read more

India trade deal soon, says Trump

  U.S. President Donald Trump has indicated that India and the U.S. will have a trade deal soon. He said the ongoing talks on the proposed India-U.S. bilat-eral trade agreement (BTA) are "coming along great".Indian officials, howev er, believe that it will take at least two months even to work out an early tranche che with limited commitments restricted to a few goods. Sources said the first full tranche of the agreement may take as long as six months. "India [trade talk] is coming along great. I think we'll have a deal with India," Mr. Trump told re-porters on Tuesday at the White House.Earlier on Tuesday, U.S. Treasury Secretary Scott Bessent said the U.S. was "very close" to a trade deal with India.Significantly, he said it was "easy to negotiate" with India because the is-sues were with regard to "very high tariffs" and they could be confronted directly.
Read more