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Bajaj Auto Restarts Chetak EV Deliveries

Business Standard

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August 23, 2025

Secures rare earth magnet supplies ahead of festival season

- ANJALI SINGH

Two-wheeler major Bajaj Auto on Friday announced that it has resumed deliveries of its electric scooter, Chetak, across all dealerships, after navigating supply disruptions caused by a global shortage of rare earth magnets.

Bajaj Auto has secured sufficient supply of rare earth magnets and other key materials to ensure availability during the upcoming festival season, it has said in a stock exchange notification.

Bajaj Auto faced significant production challenges, with the Chetak electric scooters' output reducing by up to 50 per cent in July.

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We aim to become ₹5 trn mcap group by FY31: Pirojsha Godrej

Pirojsha Godrej will take over as chairman of the Godrej Industries group in August following the retirement of his uncle, Nadir Godrej. In an exclusive interview in Mumbai with Vishal Chhabria and Sharleen D’Souza, Godrej discusses his vision for the group. Edited excerpts:

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Committed to a single global $-₹ mkt: RBI dy guv

The Reserve Bank of India (RBI) is committed to a single global dollar-rupee market and the long-term goal of rupee internationalisation stands, said Deputy Governor T Rabi Sankar on Wednesday.

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Business Standard

'I have turned bullish on the markets after a long time'

As markets swing between hope and uncertainty regarding a resolution to the ongoing West Asia conflict, Andrew Holland, head ~ new asset class, Nippon India Asset Management, tells Puneet Wadhwa, in an interview in Mumbai, that the markets will give in if the conflict drags on for six more months. For now, he believes the markets are assuming it won't be prolonged. Edited excerpts:

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3 mins

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Riding out the West Asia storm

India’s resilience is at test, with five channels meriting close attention

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PayU is a bet on digital commerce in India: CEO

Fintech major PayU is betting on the next phase of growth of digital commerce in India at a time when the Prosus-backed company is ‘doubling down on merchant and bank solutions. PayU’s Chief Executive Officer (CEO) Anirban Mukherjee outlines his key priorities, including those in artificial intelligence (AI), expected outcomes from past acquisitions, and recovery after a regulatory embargo on merchant onboarding, in a sit-down interview with Ajinkya Kawale. Edited excerpts:

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Business Standard

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Hormuz tensions mount as IRGC captures two vessels

Pakistan still trying to bring both sides together for negotiations

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3 mins

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Govt notifies online gaming rules, to form governing authority

The Centre on Wednesday notified the administrative rules under the Promotion and Regulation of Online Gaming Act, 2025 (PROGA), which mandate gaming companies in India to implement features that protect players from financial, psychological, social, security-related, or content-related harm.

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2 mins

April 23, 2026

Business Standard

In the AI era, Apple’s strengths may become its constraints

Apple built its empire on control.

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3 mins

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Business Standard

Gatekeeping the professions

Fit-and-proper tests must be principled, proportionate, and fair

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Business Standard

When religion and nationalism overlap

London-based journalist Sonia Faleiro’s new book The Robe and the Sword: How Buddhist Extremism is Shaping Modern Asia, takes readers to Sri Lanka, Myanmar and Thailand — all countries where the dominant religion, Theravada Buddhism, is enmeshed with nationalism, citizenship, and access to political power.

time to read

3 mins

April 23, 2026

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