The Bajaj on ‘3’ wheels...
The Board of Bajaj Auto Ltd. (BAL) has nodded a dem
erger scheme, ripping apart the nations number two- two wheeler manufacturer into three separate units. Consequently this exercise will create two new companies from the existing resources. The newly carved businesses will essentially be fully owned subsidiaries namely, Bajaj Holdings and Investment Ltd. (BHIL) and Bajaj Finserv Ltd. (BFL). Rahul Bajaj revealed that the manufacturing business would remain in BHIL while other strategic businesses would be included in BFL. It has been further stated that there would be no change in the management structure in spite of all these split ups.
For Complete IIPM Article, Click on IIPM Article
erger scheme, ripping apart the nations number two- two wheeler manufacturer into three separate units. Consequently this exercise will create two new companies from the existing resources. The newly carved businesses will essentially be fully owned subsidiaries namely, Bajaj Holdings and Investment Ltd. (BHIL) and Bajaj Finserv Ltd. (BFL). Rahul Bajaj revealed that the manufacturing business would remain in BHIL while other strategic businesses would be included in BFL. It has been further stated that there would be no change in the management structure in spite of all these split ups.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Labels: Arindam chaudhuri, IIPM, IIPM-India, IIPM-News, IIPM-World, Management Guru, renowned management guru
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