Latest news with #Bajaj
Time of India
10 hours ago
- Business
- Time of India
Bajaj Finserv Share Price Live Updates: Bajaj Finserv Price and Performance Review
23 Jul 2025 | 10:15:15 AM IST Stay informed with the Bajaj Finserv Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on Bajaj Finserv, including: Last traded price 2034.8, Market capitalization: 326912.58, Volume: 105818, Price-to-earnings ratio 36.78, Earnings per share 55.53. Our liveblog combines fundamental and technical insights to provide a holistic view of Bajaj Finserv's performance. Stay ahead of the market with breaking news that can influence Bajaj Finserv's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the Bajaj Finserv Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 10:15:15 AM IST, 23 Jul 2025 Show more
Time of India
a day ago
- Business
- Time of India
Inside Bajaj's Nysa 2.0: How 88K hours saved and NPS 92% became reality
With over 25 years of leadership experience, Milind Korgaonkar, Chief Digital and Information Officer at Bajaj Electricals, has been instrumental in redefining the company's digital trajectory. At Bajaj Electricals, Korgaonkar has been spearheading Nysa 2.0, an ambitious digital transformation initiative that builds on the earlier Nysa 1.0 (which involved moving from Oracle to SAP S/4HANA). Nysa 2.0 takes this a step further by interconnecting processes, modernizing systems, and fostering collaboration across stakeholders, all while keeping business goals at the forefront.A recipient of the ETCIO Awards for Enterprise IT Excellence, he has steered the 86-year-old legacy organization through complex changes, fostering a culture of trust and innovation. The vision behind Nysa 2.0 According to Korgaonkar, Nysa 2.0 was conceived as a bold, organization-wide transformation, directly tied to Bajaj's business ambitions. With around 70–80 projects running in parallel, it demanded a structured governance model, layered execution, and most critically — a shift in mindset. 'The most important part was fostering a 'change culture',' he emphasized. 'People started trusting the systems when they began seeing the benefits.' He highlighted examples such as: Transitioning supplier invoicing to digital processes; Cutting payment cycles from 25–30 days to just 7 days; Building a strong core foundation with SAP Rise, CRM, DMS, and Industry 4.0 initiatives; Improving interdepartmental collaboration and moving from siloed operations to centralized, seamless processes. Tangible wins from Nysa 2.0 One of the most notable outcomes of Nysa 2.0 has been the significant improvement in revenue generation and customer experience. Monthly billing outlets increased by 5%, reflecting the enhanced reach and efficiency of the sales channels. The average bill value rose by 22%, showcasing a higher transaction value per customer. On the customer satisfaction front, Bajaj Electricals improved its Net Promoter Score (NPS) from 88% to an impressive 92%, indicating a stronger relationship with customers. Furthermore, the company made strides in customer service by reducing the service turnaround time (TAT) within 12 hours from 45% to 70%, ensuring faster resolution and a better customer experience. The transformation initiative also brought about remarkable gains in operational efficiency and cost reduction. Through automation, Bajaj Electricals was able to save over 88,000 man-hours, eliminating redundancies and freeing up resources for higher-value tasks. The company also achieved a 4.12% improvement in Operational Equipment Efficiency (OEE), which directly contributed to increased productivity and reduced per-unit costs. Additionally, factory availability improved by 5.4%, enabling higher output without additional infrastructure investment. In the area of supply chain and workforce productivity, Nysa 2.0 delivered measurable improvements. Productivity calls increased by 0.69%, and the total lines sold per bill improved by 0.86%, reflecting more effective sales efforts. Industry 4.0 initiatives implemented at the manufacturing facilities contributed to a 2.9% productivity gain, further optimizing manufacturing costs and operational performance. These enhancements collectively strengthened Bajaj Electricals' ability to respond quickly to market demands and improve profitability. These achievements stemmed from prioritizing trust and aligning technology directly with business outcomes — a hallmark of Korgaonkar's leadership philosophy. Leadership insights: Trust, alignment and people Korgaonkar's experience leading such a large-scale transformation has taught him that technology is just the enabler — people and business goals must lead the way. Key leadership lessons he shared include aligning digital initiatives with business objectives to ensure top-down buy-in, building trust by demonstrating benefits and involving employees at all levels, valuing institutional knowledge and nurturing internal talent rather than always hiring externally, and treating IT not as a cost center but as a profit center, ensuring RoI from every initiative. Transformation with AI Korgaonkar also underscored the transformative potential of artificial intelligence at Bajaj Electricals. Rather than chasing hype, he advocates a business-first, technology-second approach: prioritizing use cases with clear business value, developing an internal AI hub and governance structure, and collaborating with both large players like Microsoft and niche partners for innovative solutions. He emphasized embedding AI seamlessly across functions such as customer service, supply chain, and marketing, while also creating AI awareness among leadership and employees to ensure alignment and responsible adoption. The next six months: What lies ahead? Bajaj Electricals has an exciting roadmap: Launching a voicebot-powered customer service system, enabling 24/7 support with GenAI-driven L1 troubleshooting and AI-based innovation in R&D, particularly for product simulation and financial planning and consolidation initiatives through digital HRMS systems and integrating AI-driven processes into HR. As Korgaonkar noted, 'Change is the only constant. While we're working on multiple initiatives, it's the ability to adapt that ensures success.' Closing thoughts Korgaonkar's story is one of vision translating into impact, demonstrating how even a legacy organization can thrive amidst rapid technological change. With Nysa 2.0 already delivering concrete business outcomes and a forward-looking agenda for the next six months, Bajaj Electricals under his leadership is poised to continue innovating — and inspiring — in the digital age. As Korgaonkar aptly put it: 'We are living in an exciting age. At the end of the day, leadership is about people — earning their trust and empowering them to drive the future.'
Fashion Value Chain
2 days ago
- Business
- Fashion Value Chain
Bajaj Finance Launches ‘Loan Utsav' with Special Rewards on Business Loan
Today's driven entrepreneurs and businesses can now enjoy greater rewards when securing quick business financing. Bajaj Finance has launched a limited-period 'Loan Utsav' offer, providing cashback rewards and other benefits to eligible businesses. This offer provides business owners access to business loans up to Rs. 80 lakh along with exclusive rewards, including cashback up to Rs. 3,000 and exciting brand vouchers. Bajaj Finserv Business Loan The campaign is live from July 1, 2025, to July 31, 2025, and is available only through the Bajaj Finserv App. The rewards are limited to the first 200 successful loan disbursals for each of the two months. What does the Loan Utsav offer for business owners With this limited-period offer, applicants can apply for a business loan ranging from Rs. 2 lakh to 80 lakh and earn cashback up to Rs. 3,000 that will be credited directly to their Bajaj Pay Wallet. Also, based on the loan amount disbursed, they stand to get additional vouchers, as mentioned in the table below: Loan disbursed Cashback Voucher Rs. 1,00,000 – Rs. 5,00,000 Rs. 500 KFC Rs. 5,00,001 – Rs. 10,00,000 Rs. 1,000 Amazon Prime Rs. 10,00,001 – Rs. 25,00,000 Rs. 2,000 Zomato Gold Rs. 25,00,001 – Rs. 50,00,000 Rs. 2,500 OTT Play Rs. 50,00,001 – Rs. 80,00,000 Rs. 3,000 OTT Play Applicants must apply and get their loan disbursed via the Bajaj Finserv App and set up their Bajaj Pay Wallet within 90 days to unlock these rewards. For those without a wallet, Bajaj Coins will be credited, which can be redeemed within the app. Eligibility criteria for applying for a business loan under Loan Utsav To be eligible for these exclusive benefits, applicants must: Be among the first 200 to successfully get their business loan disbursed in July 2025 Apply and get the loan disbursed through the Bajaj Finserv App Ensure the loan is not cancelled after disbursal Why choose Bajaj Finserv Business Loan Entrepreneurs and business owners require financial support that is simple and accessible. Bajaj Finserv Business Loan comes with benefits tailored to facilitate business growth without unnecessary hurdles: Loan amounts up to Rs. 80 lakh suitable for startups and expanding businesses. No collateral required, meaning no assets need to be pledged to get the required funds. Quick approval and disbursal, often within 48 hours*. Flexible repayment tenure between 12 and 96 months. Online application process, allowing business owners to apply anytime and anywhere. This offer is designed to support a wide range of business needs, whether you are scaling operations, launching a new venture, or applying for a business loan for women. With loan amounts of up to Rs. 80 lakh, no collateral requirements, and an online application process, Bajaj Finance makes business financing fast and convenient. The Loan Utsav campaign adds further value by offering cashback rewards and brand vouchers on successful loan disbursals. How to apply Entrepreneurs interested in applying can follow these simple steps: Download the Bajaj Finserv App from the Google Play Store. Log in using your mobile number. On the home screen, tap the ' Business Loan ' icon. Click on the ' Check Eligibility ' button. Fill out the application form with your basic personal and professional details. Once completed, tap ' Continue '. Enter your banking details as requested. Finally, submit your application for processing. With Loan Utsav, Bajaj Finance makes it easier and more rewarding for entrepreneurs to access the capital they need. Check your business loan eligibility, apply today, and take a step forward in your entrepreneurial journey. *Terms and conditions apply. Bajaj Finance Limited Bajaj Finance Ltd. ('BFL', 'Bajaj Finance', or 'the Company'), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings. To know more, visit
The Citizen
3 days ago
- Automotive
- The Citizen
Watch: 2 men, a tiny car, and 600km through the Kruger for a cause
Watch: 2 men, a tiny car, and 600km through the Kruger for a cause It's barely bigger than a ball of elephant dung – just over a metre wide – and with a squeeze and a shove, two skinny men can just about wedge themselves inside. Yet despite the obvious limitations, it might well be the smallest car ever to tour the world-renowned Kruger National Park. Samuel da Fonseca, owner of the social media enterprise, The Car Scene, and his good friend Reggie Takundwa took on the challenge in their bonsai-sized Bajaj, driving the length of the Kruger (Malelane to Pafuri). Their route was anything but smooth, sticking mostly to gravel roads and the sort of terrain that would make a 4×4 sweat. But this was more than just an eccentric road trip. The duo aimed to spotlight the urgent need to protect wildlife from poaching and to raise funds for anti-poaching efforts. 'We're doing this drive to make a difference,' Da Fonseca said. 'To raise awareness of the harsh reality our biodiversity is facing right now.' The journey took six days, and covered about 600km – all in a Bajaj Qute they bought for just R15 000. 'The challenge was simple: buy the smallest car we could find and make it Kruger-ready,' Da Fonseca explained. 'It took us 20 days to beef it up so it could take on the rough roads.' Among their most nerve-jangling moments? Elephants. 'The Bajaj weighs a measly 450kg – tiny compared to the five-ton giants roaming the park. Luckily, none of them were aggressive. They were curious, though,' he chuckled. 'A few times, we had to reverse as they ambled toward us, rumbling like they were asking, 'What on earth is this contraption?'' Along the way, they captured footage and conducted interviews, including conversations with passionate, battle-hardened rangers. 'It really hit us: these guys are in a constant fight against poachers. It's like a war zone.' The result of the journey will be a six-part series that will air on The Car Scene's YouTube channel. Da Fonseca says the next challenge – planned for next year – will raise funds to build a much-needed vulture enclosure at the Moholoholo Rehabilitation Centre near Hoedspruit. Breaking news at your fingertips… Follow Caxton Network News on Facebook and join our WhatsApp channel. Nuus wat saakmaak. Volg Caxton Netwerk-nuus op Facebook en sluit aan by ons WhatsApp-kanaal. Read original story on At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
The Citizen
4 days ago
- Automotive
- The Citizen
WATCH: Two men, a tiny car, and 600km through the Kruger for a cause
WATCH: Two men, a tiny car, and 600km through the Kruger for a cause It's barely bigger than a ball of elephant dung – just over a metre wide – and with a squeeze and a shove, two skinny men can just about wedge themselves inside. Yet despite the obvious limitations, it might well be the smallest car ever to tour the world-renowned Kruger National Park. Samuel da Fonseca, owner of the social media enterprise, The Car Scene, and his good friend Reggie Takundwa took on the challenge in their bonsai-sized Bajaj, driving the length of the Kruger (Malelane to Pafuri). Their route was anything but smooth, sticking mostly to gravel roads and the sort of terrain that would make a 4×4 sweat. But this was more than just an eccentric road trip. The duo aimed to spotlight the urgent need to protect wildlife from poaching and to raise funds for anti-poaching efforts. 'We're doing this drive to make a difference,' Da Fonseca said. 'To raise awareness of the harsh reality our biodiversity is facing right now.' The journey took six days, and covered about 600km – all in a Bajaj Qute they bought for just R15 000. 'The challenge was simple: buy the smallest car we could find and make it Kruger-ready,' Da Fonseca explained. 'It took us 20 days to beef it up so it could take on the rough roads.' Among their most nerve-jangling moments? Elephants. 'The Bajaj weighs a measly 450kg – tiny compared to the five-ton giants roaming the park. Luckily, none of them were aggressive. They were curious, though,' he chuckled. 'A few times, we had to reverse as they ambled toward us, rumbling like they were asking, 'What on earth is this contraption?'' Along the way, they captured footage and conducted interviews, including conversations with passionate, battle-hardened rangers. @thecarscene_ This thing is the size of a elephant kak 😩 Full episode now on YouTube 👀 We were challenged to buy the smallest possible car and drive it through the entire Kruger National Park, 500+km from Malelane to Pafuri. The first car we're using is the popular Bolt Car, Bajaj Qute with 8 whole kilowatts of power 🤪 We're doing this challenge to make a difference and any donation you make through given-gain goes towards to preserving South Africa's beautiful wildlife: you can find the link in my bio… We're supporting Mdluli K9 Conservation Centre and Moholoholo Wildlife rehabilitation centre. Every donation you make is an entry into winning awesome prizes: – Kennedy is giving away X1 62 piece tool-box and a chest of drawers – FIla is giving away X2 R5 000 gift vouchers – Luxury Time is giving away a Rally watch valued at R8k Note you must make a donation through givengain to qualify to win a prize, 1 prize per person. The draw will take place after episode 6 airs. bajajqute bydshark6 krugernationalpark smallcar krugeruntamed krugersighting wildlifeconservation bydshark byd shark elephant krugerpark topgearchallenge bajajlove ♬ original sound – TheCarScene 'It really hit us: these guys are in a constant fight against poachers. It's like a war zone.' The result of the journey will be a six-part series that will air on The Car Scene's YouTube channel. Da Fonseca says the next challenge – planned for next year – will raise funds to build a much-needed vulture enclosure at the Moholoholo Rehabilitation Centre near Hoedspruit. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
