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Pawan Munjal News

30 Mar 2022

Hero MotoCorp refutes report of false expense claims; terms it speculative

Income Tax raids at Hero Motorcorp. Pawan Munjal's premises searched. Gurugram, Haryana, Delhi and few other locations are being covered.

29 Mar 2022

Hero MotoCorp made over Rs 1,000 crore bogus expenses, IT search reveals

Income Tax raids at Hero Motorcorp. Pawan Munjal's premises searched. Gurugram, Haryana, Delhi and few other locations are being covered.

23 Mar 2022

Hero MotoCorp responds to IT raids, here's what the company has to say

The raids were a "routine inquiry", said the company. The officials reportedly looked into the financial documents and other business transactions of the company and its promoters. The company said that Hero MotoCorp is an ethical and law-abiding corporate.

23 Mar 2022

Income Tax raids at Hero Motorcorp CEO Pawan Munjal's premises

Income Tax raids at Hero Motorcorp. Pawan Munjal's premises searched. Gurugram, Haryana, Delhi and few other locations are being covered.

16 Jun 2017

Hero MotoCorp's Pawan Munjal takes home Rs 59.66 crore pay in FY17

The median remuneration of the company's employees during the financial year was Rs 8.16 lakh.

06 Oct 2016

Land, labour reforms key for manufacturing boost: Pawan Munjal

Confident that the next 25 years will belong to India, Hero MotoCorp Chairman Pawan Munjal Thursday said land and labour reforms are "very important" to boost the country's manufacturing sector.

01 Apr 2016

Hero MotoCorp sales up 14% in March; sells over 6 lakh units

Country's largest two-wheeler maker Hero MotoCorp today reported 14 per cent increase in sales at 6,06,542 units in March

26 Nov 2015

Check out: This is how much Indian directors get paid!

Here is a look at the full list of the top 10 highest paid directors in India:

25 Nov 2015

With Rs 44 crore paycheck, Hero MotoCorp's Pawan Munjal is highest paid director

Hero MotoCorp's promoter Pawan Munjal emerged as the highest paid director among the top listed private companies, taking home a pay packet of nearly Rs 44 crore last fiscal, followed by two other executives of the auto group, says a report.

09 Aug 2015

Hero MotoCorp expects sales to pick up in second half of FY16

Facing a demand slump on account of slowdown in motorcycle sales in rural India, country's largest two-wheeler maker Hero MotoCorp expects sales to bounce back in the second half of the ongoing fiscal.

28 Nov 2014

Hero MotoCorp launches six bikes in Colombia

The bikes will be sold in 120 outlets spread across the country.

07 Jul 2014

Hero MotoCorp commences construction of $70-mn Colombian unit

Country's largest two-wheeler maker Hero MotoCorp has commenced setting up of its USD 70 million (around Rs 420 crore) manufacturing facility in Colombia, as part of its plans to expand its global footprint to as many as 50 countries by 2020.

17 Jun 2014

Hero MotoCorp plans 6th plant, scouts for site in South India

The company had earlier set a target of achieving a capacity of 10 million units by 2017.

15 Jun 2014

Hero MotoCorp to ride into US market next year

The company is undergoing homologation, a process to certify road-worthiness, for its bikes in the US.

13 Jun 2014

Hero MotoCorp to enter Brazil's 2-wheeler mkt by 2016

India's largest two-wheeler maker Hero MotoCorp is planning to enter Brazil by 2016 as it looks to consolidate position in the fast growing South American market.

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