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HERO CYCLES ON FINANCE
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
A nation of sporting moments, not yet a sporting cultureIndia celebrates sports in flashes, with non-cricket athletes often struggling for recognition and financial security. Despite government s...
JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear caseJP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle ...
A bunch of startups buck trend to offer double-digit hikesCashKaro, Clevertap, Physics Wallah, CLXNS Technologies and DaveAI are among those offering their staff satisfactory pay increases that are...
Autos, PSUs top bets of mutual funds in MarchPortfolio managers also bought select public sector undertakings (PSUs). Attractive valuations, stable dividend payments, successful fundra...
Cycle of the Pandemic: Premium category is driving bicycle sales in the countryThis fiscal year, total bicycle sales in India — the second largest manufacturer of bicycles in the world, after China —may touch 1.45 cror...
Non-bank lenders eye electric vehicle financing to grow businessThe non-bank lender has tied up with Okinawa, Ather Energy and Ampere. The two-wheeler financing segment is 26-27 per cent of its total loa...
Hero Electric partners with Wheels EMI to offer easy financing options to customersBesides vehicle financing, the partnership also offers extra benefits to Hero Electric customers such as attractive interest rates, flexibl...
Hero Group launches Hero Vired to offer industry-focused learning experience for young professionalsThe programmes offered will be in collaboration with some of the world's leading universities including the Massachusetts Institute of Tech...
India's Hero Cycles to set up new global hub in LondonIndia's Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in...
Can Hero Cycles' new electric cycle help it power ahead?With stagnating sales, Hero Cycles is now pursuing a two-pronged strategy- e-bikes and a new cheaper bicycle.
Can former Maruti Suzuki boss help Indian cycle makers pedal out of troubled water?Close to 16 million cycles are sold every year in this country, an annual growth of 2%, whereas Indians bought over 23 million two-wheelers...
Politicians, India Inc pay homage to Brijmohan Lall MunjalBrijmohan Lall Munjal was cremated in New Delhi in a ceremony attended by business and political leaders paying tribute to one of the titan...
- Hero Cycles to tie up with insurance firms to cover poor
Hero Cycles said it is in talks with insurance firms to provide health cover to its rural customers as part of its initiative to uplift the...
- Hero Cycles looks to sell bicycles in villages via financing
The world's largest bicycle maker by volume Hero Cycles Ltd is looking to sell its products through micro finance firms to boost its rural ...
- Citibank fraud: Top Hero official held for the Rs 250-cr fraud
Gupta has been accused of colluding with Puri, a relationship manager at Citibank’s Gurgaon branch, who is at the heart of the scandal.
- Citibank fraud: Police freeze bank accounts of Sanjay Gupta
Police sources said about Rs 4-5 crore of the Rs 20 crore commission allegedly received from Puri were still lying in these two accounts.
- Citibank fraud: Hero Corporate Services' AVP sent to 5-day police custody
Police said that Gupta was in the know of the massive fraud perpetrated by Sanjay Puri, Citibank's relationship manager.
- Hero Honda better bet than Tata Motors: Fortress Financial
ET Now talks to Upendra Kulkarni, Executive Director, Fortress Financial Services on auto stocks.
'We have to grow beyond 2-wheelers'Hero Honda managing director Pawan Kant Munjal discusses his strategy to defy the slowdown and focus on rural markets with ET.