KATHMANDU: Bajaj Auto has officially become the owner of Austrian motorcycle brand KTM. The company completed its US$925 million takeover after receiving all necessary approvals from European regulators. With this, Bajaj now fully owns KTM’s parent company, Pierer Bajaj AG…

KATHMANDU: Bajaj Motorcycles has become the official two-wheeler partner of the second edition of the Nepal Premier League (NPL). On Thursday, Abhimanyu Golchha, director of Hansraj Hulash Chand, the official Bajaj dealer in Nepal, and Paras Khadka, secretary of the…

KATHMANDU: Bajaj Auto has received approval from the Austrian Takeover Commission to take control of Pierer Mobility AG (PMAG), the parent company of KTM. The approval gives Bajaj a “restructuring privilege,” allowing it to gain control without making a public…

KATHMANDU: While commercial banks in Nepal readily provide auto loans for cars, they have yet to show similar interest in financing motorcycles and scooters. Despite an annual sale of around 300,000 two-wheelers, banks have no clear lending policy for this…

KATHMANDU: Bajaj Auto, the new majority owner of KTM, has hinted that the Austrian motorcycle brand could shift more production to Asia. In an interview with CNBC-TV18, Bajaj Auto CEO Rajiv Bajaj shared his views on KTM’s future strategy. Bajaj…