Moneycontrol PRO
LAMF
LAMF

business

Fuel price rise a bigger concern than rate hike: Bajaj Auto

Last week, the market saw hike in petrol prices and key rates as well. In an interview to CNBC-TV18, Rajiv Bajaj, managing director of Bajaj Auto said, these factors are very inimical to growth of any durable like automobile. “The fuel price hike is perhaps of greater concern,” he added.

first published: Sep 19, 2011 11:52 am

Advisory Alert:

It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347