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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
As insolvency looms over the Austrian motorcycle maker, its Indian partner looks poised to play a key role in its much-needed rebound.
KTM AG, Europe’s largest motorcycle maker, is in a financial tailspin. The Austrian company, co-owned by Pierer Group and India’s Bajaj Auto, faces mounting debt, layoffs and a looming production freeze. While KTM scrambles to restructure, questions arise about the impact on Bajaj Auto—a key stakeholder that has deeply integrated KTM into its own operations. Could KTM’s struggles spell trouble for Bajaj, or will Bajaj emerge as KTM’s saviour?
What went wrong for KTM? After months of troubling news—soaring inventories, layoffs and significant debt—KTM’s financial health has hit a breaking point. The company’s insolvency filings reveal €2.9 billion ($3 …
Big AI moves in the Middle East this week, Saudi Arabia-backed LIV Golf files for bankruptcy and other updates.
From cancelled races to scrambled calendars, the Iran conflict is testing an over two-decade partnership that powered the sport’s growth.
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
