Some of the business dailies in India have carried news that Bajaj Auto has further increased its stake in KTM upto nearly 47%.  The extra shares that Bajaj has acquired through its Netherlands based Bajaj Holdings BV apparently came from the market.  In the past KTM has categorically said that it will keep at least 51% of the shares and not cede control to anyone else.  If indeed this news is true than Bajaj will come close to the 49% that can be acquired.  The question then will be about Bajaj attempting a hostile take over of KTM.  Usually such things are subjects for movies and have little to do with reality so that is an unlikely scenario.