Mon, Nov 20, 2023
In a major boost for Hero MotoCorp, the Delhi High Court has stayed the Enforcement Directorate's (ED) proceedings against the company's executive chairman Pawan Munjal. This decision has sent Hero MotoCorp's stock soaring to a 52-week high, reflecting investor confidence and optimism for the company's future. In this video, we'll delve into the details of the ED's probe, the High Court's order, and the impact this development has had on Hero MotoCorp's stock performance.
Mon, Oct 09, 2023
The Delhi Police alleged that Pawan Munjal produced fake bills, deposited them with the income tax department and took benefit in service tax. The bills were made in the name of the company supplying manpower to Hero MotoCorp, the Police said.
Tue, Sep 19, 2023
This August, The ED had raided 12 locations belonging to Munjal and employees of Salt Experience Management Pvt Ltd and seized jewelry, and foreign currency, valued at Rs 25 crore in connection with a PMLA case.
Thu, Feb 20, 2020
Pawan Munjal, Chairman, Hero MotoCorp, speaks about his plans for 2020, investment plans, the impact of coronavirus on supplies, M&A opportunities and slowdown in the auto sector among others during a candid chat with Swati Khandelwal, Zee Business
Fri, Apr 26, 2019
For entire fiscal FY19, Hero posted a profit after tax (PAT) of Rs 3,385 Crore versus Rs. 3,697 Crore in the previous year.
Thu, Jan 24, 2019
Hero MotoCorp MD and CEO Pawan Munjal spoke exclusively to Zee business at World Economic Forum in Davos. Listen in.
Sun, Nov 12, 2017
The company, with a presence across 35 countries, aims to sharpen its focus on markets like Bangladesh that have been performing well.
Tue, Jul 25, 2017
Hero Motocorp posted net profit of Rs 914.04 crore, a rise of 3.50% compared to Rs 883.09 crore in the corresponding period of the previous year.
Tue, May 09, 2017
The company posted a 3.5% decline in sales during April as it sold 5,91,306 units in April 2017.
Wed, Feb 08, 2017
The company is expected to post a decline in its pure profits margins, analysts say. Nishit Jalan and Hitesh Goel analysts at Kotak Institutional Equities said, “We expect two-wheeler companies to have a tough quarter with EBITDA for Hero MotoCorp declining by 21% on year-on-year basis.”
Fri, Aug 05, 2016
Some of the top business men in the country have capped their salary over eight years.
Not surprisingly their annual income crosses into crores of rupees as reported by respective companies’ reports.
Thu, Jul 14, 2016
With India receiving above normal monsoon this year automakers are hopeful of growth in their auto sales.
The country had witnessed two back-to-back droughts from last two years, which had resulted in slowdown in auto sales.
Thu, May 05, 2016
Hero MotoCorp Chairman, Managing Director and CEO Pawan Munjal said the completion of 2015-16 marked five years of sustained leadership by the company.
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