
Bajaj Auto to Take Over KTM in ₹7,765 Crore Deal
On Thursday, Bajaj Auto announced that it will acquire a stake of ₹7,765 crore in Austrian motorcycle manufacturer KTM AG from its completely owned subsidiary, Bajaj Auto International Holdings BV (BAIHBV). This deal will be a remarkable achievement for Bajaj Auto, transforming it from a minority stakeholder to a majority owner. Additionally, this deal will…