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Bajaj EV volumes skid in Aug, hit by magnet crisis
Financial Express Ahmedabad
|August 22, 2025
Chetak maker loses No. 2 spot to Ather Energy
BAJAJ AUTO HAS slipped to the fifth place in August electric two-wheeler (E2W) sales, so far, losing its No. 2 spot for the first time this fiscal. Volumes are understood to have been weak following disrupted supplies of rare earth magnets after China imposed a curb on exports.
The Chetak brand of e-scooter maker has sold 7,069 units in August (until August 20), capturing a 12% market share — down from 16,818 units and a 19% share a year ago. In July, Bajaj Auto had sold 19,754 units with a 19% share, holding on to the second position since the start of FY25.
Dit verhaal komt uit de August 22, 2025-editie van Financial Express Ahmedabad.
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Financial Express Ahmedabad
Vi arm VITIL raises ₹3,300 cr
DEBT-RIDDEN VODAFONE Idea on Thursday said its subsidiary VITIL has completed a ₹3,300-crore fundraise by way of issuing non convertible debentures.
1 min
December 19, 2025
Financial Express Ahmedabad
Oman FTA to boost capital flow
TRADE EXPERTS SAID the significance of the deal is more than what the current trade suggests, as it would help strengthen New Delhi’s economic and geopolitical presence at the mouth of the Gulf.
2 mins
December 19, 2025
Financial Express Ahmedabad
More pressure likely for GIC Re
THE REDUCTION IN capital requirements for foreign reinsurance branches (FRBs) under the latest Insurance Amendment Bill is expected to attract more overseas players into the ₹98,000-crore domestic reinsurance market.
1 mins
December 19, 2025
Financial Express Ahmedabad
'Insolvency resolution time will come down by at least 50%'
The Insolvency and Bankruptcy Code (IBC) is getting ready for its biggest overhaul in over nine years of its existence.
3 mins
December 19, 2025
Financial Express Ahmedabad
Oman FTA to facilitate easier flow of capital, professionals
ALMOST ALL EXPORTS from India to Oman will be at zero duty after the trade agreement signed on Thursday between the two countries comes into force by March, with farm goods, textiles, engineering, electronics, chemicals and auto sectors among the major beneficiaries.
1 min
December 19, 2025
Financial Express Ahmedabad
No problem with Centre, except on statehood, but L-G interfering: Omar
J&K CHIEF MINISTER
2 mins
December 19, 2025
Financial Express Ahmedabad
'We are scaling up expansion at Flipkart Minutes'
Flipkart Minutes, the quick commerce arm of Flipkart, plans to add around 500 new dark stores in the next three months.
2 mins
December 19, 2025
Financial Express Ahmedabad
‘Bike taxis have huge headroom to grow’
Uber India's two-wheeler business is now its fastest-growing segment.
1 min
December 19, 2025
Financial Express Ahmedabad
Railways failed to monetise vacant land, says CAG report
OUT OF A land holding of about 488,000 hectares, the Indian Railways could identify by March 2023 only 13% as vacant land and managed to award a negligible 0.14% of it to developers, according to a report of the Comptroller and Auditor General of India (CAG) tabled in the Lok Sabha on Thursday.
1 min
December 19, 2025
Financial Express Ahmedabad
No binding pact: Shriram clarifies on MUFG deal
SHRIRAM FINANCE ON Thursday said it has not entered into any binding agreement with any investor, responding to a stock exchange query on a media report that Japan's Mitsubishi UFJ Financial Group (MUFG) may invest up to $5 billion in the company for a 20% stake.
1 min
December 19, 2025
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