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Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv and Allianz SE. [29] It offers insurance products for financial planning and security. [ 30 ] The company received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 3 August 2001 to conduct life insurance business in India. [ 31 ]
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. [ 6 ] [ 7 ] It has a customer base of 88.11 million [ 8 ] and holds assets under management worth ₹ 354,192 crore (US$41 billion), as of June 2024.
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. [2] [3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [4]
Bajaj auto was established on 29 November 1945 as M/s Bajaj Trading Corporation Private Limited. [6] It initially imported and sold two- and three-wheelers in India. [6] In 1959, it obtained a license from the Government of India to manufacture two-wheelers and three-wheelers and obtained a licence from Piaggio to manufacture Vespa scooters in ...
Bajaj began his career in 1994 with Bajaj Auto. [8] [9] During his years at Bajaj Auto, he held various leadership roles [10] [11] in finance, legal, and international business functions within the organisation. [12] [13] [14] He was credited with bringing American-style supply chain management to Bajaj Auto, using General Motors as a model.
Tapan started his career with New India Assurance Company Limited as a direct officer in 1991. He handled portfolios in sectors that included accounts, IT, underwriting, claims, marketing, sales, etc. throughout his career. Since 2001, Tapan was the chief marketing officer at Bajaj Allianz General Insurance, heading retail channels and territories.
Bajaj stepped down from his role in 2005 and his son Rajiv became the Group's managing director. [11] Bajaj led the split of Bajaj Auto into three units in 2008: Bajaj Auto, Bajaj Finserv and a holding company. [12] He resigned as chairman and non-executive director of Bajaj Finserv to become chairman emeritus in March 2019. [13]
Bajaj Finserv: Pune 13.0 1.0 64.5 30.3 Financials 24 593 Mahindra & Mahindra: Mumbai 16.8 1.4 28.3 37.5 Automotive 25 645 JSW Steel Ltd: Mumbai 21.1 1.1 27.4 26.6 Iron and steel 26 684 Hindalco Industries: Mumbai 26.1 1.1 27.1 17.7 Metals and mining 27 746 Grasim Industries: Mumbai 15.3 0.7 47.0 19.8 Diversified 28 764 HCL Technologies: Noida ...