equity

Bajaj Auto Strengthens Hold on KTM, Injects €800 Million for Revival

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Bajaj Auto is making a bold move to secure a majority stake in KTM, the globally renowned Austrian motorcycle brand. Through its Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIHBV), the Indian automaker is transitioning from a minority investor to a key decision-maker in KTM’s parent company, aiming to steer the brand out of financial […]

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Harley-Davidson Boardroom Surprise

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Director Quits, Demands CEO Ouster Harley-Davidson (NYSE:HOG) just made headlines for all the wrong reasons investors had hoped. A Board member Jared Dourdeville, who represents 9% shareholder H Partners, suddenly resigned after a furious fallout over CEO succession and the iconic American company’s direction. With a sharply worded letter, Dourdeville cited cultural depletion, executive turnover,

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KTM Survives For Now

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KTM’s creditors accepted the company’s restructuring plan. There is a now a path to move forward and to begin full production again. The plan was accepted just days before the February 27 deadline for KTM AG’s self-administration proceedings. “I am grateful and happy today. KTM is back on track. Our employees have done everything over

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TVS overtakes Yamaha’s Market Capitalisation

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TVS overtakes Yamaha’s Market capitalisation to become third-largest two-wheeler maker in the world. The market capitalisation (Mcap) of Chennai-based (India) TVS Motor has surged 37% to $9.2 billion over the past six months, as per Bloomberg’s data. In contrast, Yamaha Motor saw an Mcap erosion of $1.6 billion from its August highs. Only seventeen months

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Eicher Motors Ltd announces strategic investment in Stark Future SL

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Parent Company of Royal Enfield, Eicher Motors Ltd, Announces Strategic Investment In Stark Future SL The Board of Eicher Motors Ltd. (EML) has approved an equity investment of 50 million euros, and plans for collaboration with the electric motorcycle manufacturer. Milwaukee, WI (Friday, December 29, 2022) – Eicher Motors Ltd., leading Indian multinational automobile company, and

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