New Delhi, Feb. 27 -- Bajaj, which manufactures several KTM models in India, including the Duke, RC, and Adventure series, has stepped in to assist its struggling Austrian partner amid ongoing financial challenges. According to recent regulatory filing, the company's Board of Directors has approved an investment of up to Euro 150 million (approximately Rs 1,364 crore) into its wholly-owned subsidiary, Bajaj Auto International Holdings BV (BAIH BV) in the Netherlands. The funds will be provided in the form of equity capital, preference capital, or a loan (convertible or otherwise). Notably, BAIH BV holds a 49.9% stake in Pierer Bajaj AG, which owns a majority 75% share in Pierer Mobility AG, the parent company of KTM. From the total invest...