Delhi Metro to recover Phase-I cost by 2011October 6th, 2009 NEW DELHI - Delhi Metro announced Tuesday that it would recover the Rs.105.71 billion (Rs.10,571 crore) spent on its presently operational network by 2011, two years ahead of target. Delhi Metro Rail Corp (DMRC) spokesperson Anuj Dayal said the rising footfall of commuters was the reason for the early cost recovery.
Bajaj two-wheeler sales marginally downAugust 3rd, 2009 NEW DELHI - India's second largest two-wheeler maker Bajaj Auto Monday said its sales dipped 0.7 percent last month to 168,731 units as compared to 169,971 units sold in July last year. The company said in a statement that its motorcycle sales dipped 0.3 percent to 168,163 units in July from 168,836 units sold in the like period last year.
Woman burnt to death by in-laws for dowry, alleges familyJuly 19th, 2009 NEW DELHI - A 28-year-old woman, married for seven years, was allegedly burnt to death Sunday by her in-laws in Delhi, police and her family said. Deepika Bajaj, who has a six-year-old daughter, called police before dying and told them that she had been set on fire by her husband and in-laws, an official said.
Bajaj two-wheeler sales down 5 percentJuly 2nd, 2009 NEW DELHI - India's second largest two-wheeler maker Bajaj Auto Thursday said its sales dipped 5 percent last month to 168,471 units, comparing to 177,112 units sold in June 2008. However, the company's three-wheeler sales rose 26 percent to 24,731 units last month from 19,629 units in the like period last year.
Bajaj launches new Pulsar, says it is the fastestJune 23rd, 2009 NEW DELHI - India's second largest two-wheeler manufacturer Bajaj Motors Tuesday launched a new variant of its popular bike Pulsar, priced at Rs.70,000 (ex-showroom Delhi). We have been continuously evolving our Pulsar range to provide our customers state-of-the-art product with unmatched performance and technology," Bajaj Auto chief executive (two-wheelers) S.
Two elderly bravehearts resist Rs.1 mn heist (With Petrol vend employees carrying cash attacked, one dead)June 15th, 2009 NEW DELHI - Two elderly men aged 73 and 67, employed at a petrol vend here, Monday put up a heroic fight to resist a daylight robbery and saved their company of being looted of Rs.1 million. The elderly bravehearts - 73-year-old Baldev Singh, the manager of the vend and S.K.Bajaj, 67, the cash manager - sustained bullet and stab injuries as they put up a heroic fight to prevent the heist a few yards away from a south Delhi bank.
Bajaj sales down 8.1 percent in MayJune 4th, 2009 MUMBAI - Bajaj Auto, the country's second largest two-wheeler manufacturer, has reported 8.1 percent fall in its motorcycle sales last month. The company said in a statement Thursday that it sold 165,049 motorcycles last month as against 179,649 vehicles in May 2008.
Bajaj Auto net slips 13.2 percentMay 21st, 2009 MUMBAI - The country's second largest two-wheeler maker, Bajaj Auto, Thursday reported a 13.2-percent decline in net profit for 2008-09 while managing a 7.8 percent increase in fourth quarter profitability. The company, with a product line-up that includes commercial three-wheeler vehicles, reported a profit of Rs.654.5 crore in 2008-09, down from Rs.755.7 crore earned the previous fiscal.
Child rights commission to take up case of dead schoolgirlApril 17th, 2009 NEW DELHI - A shocked child rights commission has decided to take up the case of the 11-year-old schoolgirl who died Friday afternoon after her teacher allegedly beat her and forced her to stand out in the sun. 'It is shocking how a young girl was punished so brutally that she lost her life.
Bajaj Auto sales down 14.7 percent in MarchApril 2nd, 2009 MUMBAI - Bajaj Auto posted sales of 132,640 two-wheelers units last month, down 14.7 percent as compared to the 155,504 units sold in March 2008, the company said Thursday. Bajaj sold 132,210 motorcycles last month, reflecting a decline of 14.4 percent from the 154,443-unit sale the corresponding month last year.
Bajaj Auto January sales down 31 percentFebruary 1st, 2009 NEW DELHI - Two and three-wheeler maker Bajaj Auto Monday reported 34 percent year-on-year decline in its domestic sales in January. The company sold 132,348 two and three-wheelers last month, down from 192,193 units in January 2008.
Bajaj Auto launches new bikeJanuary 20th, 2009 NEW DELHI - Bajaj Auto Ltd, one of the leading two-wheeler makers in the country, Wednesday launched a 135cc version of its XCD motorcycle. The bike, sporting a 10.5 brake horsepower (bhp) engine, will cost Rs.45,000 (ex-showroom).
Two-wheeler majors log lower salesJanuary 1st, 2009 CHENNAI - The stimulus shot of 4 percent cut in excise duty will take some more time to rejuvenate the two-wheeler manufacturer. Even after offering discounts, major players have reported lower sales last month as compared to December 2007.
Bajaj Auto two-wheeler sales down 33 percentDecember 31st, 2008 NEW DELHI - Bajaj Auto Ltd Thursday reported 33 percent dip in its last month's two-wheeler sales. The company sold 119,215 two-wheelers in December 2008 as against 177,249 units a year earlier, said an official statement.
Bajaj family dispute comes to an endDecember 31st, 2008 NEW DELHI - The six-year-old Bajaj family dispute over the division of group companies and assets came to an end Thursday with brothers Rahul Bajaj and Shishir Bajaj withdrawing their petitions from the Company Law Board (CLB). The Bajaj family feud first hit headlines in 2002, when Shishir Bajaj accused his elder brother of trying to oust him from the chairmanship of Bajaj Sevashram, one of the group holding companies.
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