investments

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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Royal Enfield aims to roll out uniquely differentiated electric bikes: CEO

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with inputs by PTI and https://economictimes.indiatimes.com Iconic motorcycle manufacturer Royal Enfield is investing for development of differentiated electric motorcycles in India, said CEO B Govindarajan. Interestingly, the company is also creating a supplier ecosystem around its Chennai-based plant, funded by a capital expenditure of INR 10 billion in the current fiscal year. Royal Enfield has

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Climate Dogma Killed Biden’s “Build Back Better”

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by Michael Shellenberger A half trillion dollars to subsidize renewables would have raised energy prices, worsened inflation, and undermined decarbonization. But what do we do now? The centerpiece of President Joe Biden’s legislative agenda is dead. Senator Joe Manchin today announced that he could not support Biden’s “Build Back Better” legislation which consisted of $1.7

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