Did Bajaj Raise Rs 5,431 Crore Loan to Save KTM? | Bajaj KTM Takeover
Bajaj raised a Rs 5,431 crore loan ($632 million) to save KTM. The Austrian bikemaker has been in the middle of a financial crisis, and after a victorious court hearing that helped pay off most of its debts, the brand still faced difficulties settling its creditors’ dues. This is where Bajaj comes to save the …