The highlight for Bajaj Auto‘s Q2 performance has no doubt been the sales of Chetak- its electric scooter and Freedom- the CNG bike. Chetak e-scooter sales have tripled in 12 months and clocked around 18,933 units in September. Even the CNG-bike Freedom saw a brisk sales momentum with Bajaj Auto selling over 6000 units since its launch
You invest your hard-earned money to meet various financial goals, be it for yourself or your loved ones. But what happens to these investments if you pass away suddenly? Who will get the benefit? Will your family members be able to claim these after your death? Such questions can worry you, as death is a
A division bench of the the Delhi High Court on Monday deferred hearing an appeal filed by MB Finmart, a Burman Family entity, opposing the Registrar of Companies’ (RoC) three-month extension for Religare Enterprises’ annual general meeting (AGM) for 2023-24, citing an absence of the RoC’s reply. The court has set the next hearing on
Foreign investors have been aggressively unwinding their total return swap ((TRS) positions, which are mostly unhedged, due to the volatility in global bond yields ahead of the US presidential elections, traders said. In addition, with the rupee breaching the crucial mark of 84/$, foreign investors have resorted to booking profits. For a second week in
Royal Enfield will be unveiling its first electric motorcycle soon, and while the company showcased the all-electric Himalayan, it will have to wait for what’s being unveiled on November 4th. It is good to see the world’s oldest motorcycle manufacturer shift to electric mobility, however, here are three things to expect from the all-electric Royal
Ahead of its official unveiling at EICMA Milan in November, a series of spy shots of the new 2024 KTM 390 Adventure have emerged. This new-generation motorcycle, showcased at the KTM Adventure Rally event in the USA, features Cruise Control settings for the first time. Here’s everything we know so far about the highly anticipated
Saving should be approached with a specific goal and a predetermined target amount in mind. This strategy facilitates the accumulation of the necessary funds to achieve particular financial objectives, such as financing a child’s education or preparing for retirement. It is essential to adopt the principle of “Income minus Savings equals Expenses,” rather than the
Honda Motorcycle and Scooter India is taking a significant step towards sustainability by launching the CB300F flex-fuel motorcycle, priced at Rs 1.7 lakh, ex-showroom Delhi. As India’s first flex-fuel motorcycle, the CB300F is now open for bookings and will be available at Honda’s BigWing dealerships by the last week of October 2024. Yogesh Mathur (Director
Marcellus Investment Managers has seen its Portfolio Management Services (PMS) assets under management (AUM) decline sharply by 64% from Rs 12,704 crore in October 2022 to Rs 4,734 crore currently. The primary reason? Valuation missteps in stock selection, as acknowledged by the firm itself. In a post on social media platform X, Kanan Bahl, CA
Since the Securities and Exchange Board of India (SEBI) permitted the launch of silver Exchange-Traded Funds (ETFs) in November 2021, these funds have witnessed remarkable growth. By January 2025, the total Assets Under Management (AUM) for silver ETFs surpassed Rs 13,500 crore, with over six lakh investor folios. As of that date, there are 12
The China Securities Regulatory Commission (CSRC) has suggested implementing salary reductions of up to 50% for fund managers whose investment products either incur losses or fail to meet benchmarks by 10% or more. This initiative, announced on March 14, 2025, is part of efforts to reform China’s $4.6 trillion mutual fund sector in light of
The Central Pension Accounting Office (CPAO) has issued new guidelines to ensure timely pension to retired employees of the National Pension System (NPS). In an Office Memorandum (OM) issued on March 12, 2025, the CPAO has reminded the concerned officials that NPS pension cases should be processed in the same manner as the Old Pension
Securing your children’s financial future is one of the most important responsibilities of a parent. From education and marriage to other key life expenses, your growing children will need financial support at different stages. To ensure they have the necessary funds when required, it’s essential to diversify your investments across different schemes. In India, several
