Bajaj plans stake in European auto major (Indian Express Finance via Yahoo! India News)
Posted in Uncategorized on Dec 2nd, 2007
Betting big on the European market, the country s second largest two-wheeler maker, Bajaj Auto Ltd (BAL) is planning to pick up majority stake in KTM, Europe s second largest sport motorcycle maker. Last month, BAL had picked up 14.5% stake in KTM via its 100% Dutch subsidiary for around Rs 300-350 crore as part […]