MUMBAI Bajaj Auto(BAJA.NS) says 295,749 vehicles sold in June, down 14 percent. The company said a strike at its Chakan plant in Maharashtra had caused a production loss of about 20,000 motorcycles for the month.
Bajaj Auto is the world's largest motorised three-wheeled rickshaw maker.
As of 9:53 a.m., the stock was down 0.2 percent.
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The Lok Sabha on Thursday backed a new bankruptcy code, a crucial step towards establishing a debt resolution regime to strengthen the hands of banks seeking to recover $120 billion in troubled loans. Full Article