Corruption complaints in rural job scheme, admits ministerSeptember 15th, 2009 NEW DELHI - There were many complaints of corruption in the implementation of the central government's flagship National Rural Employment Guarantee Scheme (NREGS), Rural Development Minister C.P. Joshi admitted Tuesday, while charging that some states ruled by parties other than the Congress were not utilising funds sanctioned for the purpose.
Govt. to implement NREGA in a way to benefit drought-hit areasAugust 26th, 2009 NEW DELHI - To ensure effective implementation of National Rural Employment Guarantee Act, political parties across the board have agreed today to join hands with the government. This will help in mitigating the impact of the drought in several parts of the country.
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.
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.
Govt. to award 6 shipping projects worth Rs 3300 cr.July 1st, 2009 NEW DELHI - The Government on Wednesday said it would award six shipping projects worth 3,319.14 crore rupees in next 100 days. These would be developed on the public-private-partnership (PPP) mode.
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.
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.
Rahul Gandhi knows nothing about pro-poor schemes: BadalApril 15th, 2009 CHANDIGARH - Akali Dal president Sukhbir Singh Badal Wednesday hit back at Congress general secretary Rahul Gandhi for saying that the benefits of various schemes, launched by central government for poor people, were not reaching the people of Punjab because of widespread corruption in the state. 'Rahul Gandhi himself does not know anything about the NREGA (National Rural Employment Guarantee Act) or any such scheme, so how can he give such statements? He is very far away from the ground reality of the situation.
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 says its low-cost car will be out in 2011March 15th, 2009 NEW DELHI - Bajaj Auto Ltd Saturday said its small car, being developed in partnership with Renault SA and Nissan Motor, will be rolled out in 2011 as per schedule. Bajaj managing director Rajiv Bajaj said: 'The project remains largely on schedule, though in the course of development some specifications have been reviewed, leading to adjustments in the overall schedule.'
It had been reported in a section of the media that the ultra low-cost (ULC) project would be delayed by more than a year as Rajiv Bajaj was not happy with the work done so far, and he demanded major modification in the design.
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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