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HERO MOTO INVESTIGATION
Examining probe report, no clean chit yet to Hero MotoCorp: MCAThe corporate affairs ministry is currently reviewing a report that investigated claims of corporate governance and fund diversion against ...- Stocks in news: DMart, ITC, Hero MotoCorp, Pricol, NHPCAvenue Supermarts, which operates retail chain DMart on Thursday reported a 17% year-on-year jump in its stanalone revenue for the quarter ...
- Hero Electric taps GII, credit funds for Rs 550 croreAccording to sources in the know, the company is attempting to raise Rs 300 crore from existing backer GII and tie up the remaining funding...
- ED attaches assets worth Rs 24.95 cr of Hero Moto’s Pawan Munjal in money laundering probeThe Enforcement Directorate has attached three immovable properties worth Rs 24.95 crore to Hero Moto's CMD Pawan Munjal, with the total va...
- Hero Moto's Pawan Munjal to take a pay cut of 20%Hero MotoCorp's board has approved a 20% reduction in Chairman Pawan Munjal's fixed salary. Munjal previously decided to separate the roles...
- Relief for Hero MotoCorp's Pawan Munjal till Dec 6 as Delhi court stays proceedings based on FIRThe Delhi High Court has issued a stay on proceedings in a first information report (FIR) filed against Hero MotoCorp and its Chairman Pawa...
- Delhi Police file FIR on cheating complaint against Hero MotoCorpThe complaint names Pawan Munjal, chairman of Hero MotoCorp, and executives Vikram Kasbekar and Hari Gupta, but the FIR does not name any o...
- Stocks in news: ITC, Vodafone Idea, IndiGo, ZEE, InfosysITC reported a 18% growth in net profit at Rs 4,903 crore in Q1. Revenue from operations declined 8% to Rs 15,828 crore. The net profit was...
- Hero MotoCorp faces tax probe over links to vendorIndia's Directorate General of Goods and Services Tax Intelligence is investigating motorcycle manufacturer Hero MotoCorp over its connecti...
- ED seizes Rs 25 crore worth of cash, jewellery after raids on Hero MotoCorp's Munjal, othersThe federal agency raided the residences and offices of the 69-year-old billionaire businessman, the promoter of India's largest two-wheele...
- ED searches 11 locations linked to Hero Moto, Pawan Munjal's residenceThe Enforcement Directorate (ED) Tuesday is conducting searches at 11 locations on premises linked to Hero MotoCorp, sources in the know to...
- Hero MotoCorp shares fall 3% after July total sales decline 12%Meanwhile, domestic sales were at 3,71,204 units as compared to 4,30,684 units in July 2022. Exports, however, increased to 20,106 units fr...
- Hero MotoCorp shares slump 4%, off 2-year high; what dampened D-Street mood?Hero Moto stock, which hit an over 2-year high of Rs 3,244 in early trade, erased the gains to hit a low of Rs 3,032.25 on the National Sto...
- ED searches Hero Moto Chairman Pawan Munjal's residence in money laundering probeThe Enforcement Directorate has searched the residence of Hero MotoCorp's Chairman Pawan Munjal. ET in June had reported that the Ministry ...
- MCA orders probe against Hero MotoCorpThe probe initiated under 'public interest' will investigate "the true ownership of certain linked companies that may have promoter interes...
- MCA orders probe into Hero MotoCorp in fund diversion caseMinistry of Corporate Affairs has ordered an investigation to assess Hero MotoCorp's relationship with a third-party vendor in a case relat...
- Hero Motocorp says visit by Indian tax authorities was 'routine'The company, the largest two-wheeler manufacturer in the world, said it was cooperating with the tax authorities. Its shares closed down mo...
- Income Tax department raids Hero MotoCorp premisesOffices and residential premises of the promoters including chairman and CEO of the group Pawan Munjal in Gurugram, Haryana, Delhi and few ...
- Honda Motorcycle & Scooter plans to launch multiple products to take on Hero MotoCorpThe company has concluded a study to introduce an entry-level product, where it has limited presence, with CD110. HMSI is also exploring op...
- Hero Motocorp sacks around 30 employees for ethics code violationThe executives were given marching orders after "thorough investigations" into the allegations against them, the sources added.
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