On Friday, two-wheeler and three-wheeler manufacturer Bajaj Auto said that it would be pumping Rs 1,364 crore or 150 million euros into its Netherlands ... bike maker KTM. Pierer Mobility Group ...

KTM was founded in 1934 by Hans Trunkenpolz and was initially known as Kraftfahrzeuge Trunkenpolz. Because the company was actually a metalworking shop and sales were pretty low, the owners ...

based in the Netherlands, reportedly holds a 49.9% stake in Pierer Bajaj AG (PBAG) in Austria, which controls nearly 75% of Pierer Mobility AG -- the owner of KTM motorcycles. KTM had, in November ...