Budget 2020

Niraj Bajaj named Bajaj Auto Chairman; Rahul Bajaj to be Chairman Emeritus

This will be taken up at the ensuing annual general meeting for the approval of the shareholders. Bajaj Auto has announced the appointment of Neeraj Bajaj as its new Chairman of the Board with effect from May 1, 2021. The auto maker has also announced Rahul Bajaj as its Chairman Emeritus. “Rahul Bajaj, Non-executive Chairman […]

Budget 2020

Mukand Ltd to cut debt by Rs 1,200 crore post divestment in joint venture MSSSL

Mumbai: Specialty steel manufacturer, Mukand Ltd’s debt levels will be coming down by more than Rs 1,200 crore as the divestment of up to 51 per cent equity stake held in Mukand Sumi Special Steel (MSSL) to promoter group entities will be completed by next year. “This divestment will be completed in tranches over the […]