Hero MotoCorp

Hero reports 71 per cent increase in net profit at Rs 625 crore 

The automaker sold 13.90 lakh units of motorcycles and scooters in FY2023, up 36% when compared to the sales in the corresponding quarter last fiscal.

published on : 13th August 2022

Tech-savvy commuter: Passion XTec, perfect combination of style, safety, connectivity, and comfort

Hero MotoCorp has introduced the new Passion XTec and it promises a slew of new features

published on : 7th July 2022

Hero MotoCorp to hike motorcycle, scooter prices by up to Rs 3,000 from July 1

The company further said that the price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices.

published on : 23rd June 2022

Ather in talks with state governments to set up third facility

Electric two-wheeler maker Ather Energy is planning to set up a new manufacturing facility and it is in talks with several state governments for the same. 

published on : 16th June 2022

LIC ups stake in Hero MotoCorp, HUL and Capri Global Capital

LIC increased its stake in Capri Global Capital from 5.04 per cent to 7.06 per cent at an average cost of Rs 624.61 per share.

published on : 15th June 2022

Ather Energy raises USD 128 million led by NIIFL, Hero MotoCorp

The company plans to use the funding to expand manufacturing facilities, invest in research and development, charging infrastructure and to grow its retail network.

published on : 13th May 2022

I-T dept claims Hero Motocorp made bogus expenses of Rs 900 crore

Expenditure aggregating to more than Rs 800 crore has been booked in the guise of purchase of services from a specific event management entity.

published on : 1st April 2022

I-T department detects multiple irregularities after raids on Hero Motocorp, others

The raids were launched on March 23, and the country's largest two-wheeler maker had then said it was extending full cooperation to the tax authorities.

published on : 31st March 2022

Hero MotoCorp denies Income Tax report of Rs 1000 crore bogus expenses

A large number of incriminating evidence is reported to have been seized by the I-T Dept during search operations.

published on : 30th March 2022

Hero MotoCorp launches brand ‘Vida’ for its electric vehicle segment

Vida, powered by Hero, is a new identity for Hero Motocorp’s emerging mobility solutions, including upcoming Electric Vehicles (EV).

published on : 5th March 2022

Ather Energy to be 'principle partner' of IPL cricket franchise Gujarat Titans

The partnership starting from this season of 2022 will see the Ather Energy brand on the front of the Gujarat Titans' official team jerseys.

published on : 15th February 2022

Subsidies, tax rebates critical for faster adoption of EVs: Ather Energy

The company, which markets two scooters - Ather 450X and the Ather 450 Plus - also sought the inclusion of electric vehicle (EV) startups under the PLI (Production-Linked Incentive) scheme.

published on : 24th January 2022

ASDC, Hero MotoCorp join hands for two-wheeler short term training course

Through this programme, ASDC will also enhance its capacity and capabilities in curriculum building, along with faculty training, to meet global standards.

published on : 17th January 2022

Hero MotoCorp invests Rs 420 crore in Ather Energy; to raise stake above 35%

Hero MotoCorp on Friday announced a new investment of up to Rs 420 crore in electric two-wheeler maker Ather Energy.

published on : 15th January 2022

Hero MotoCorp expands operations in Argentina

Gilera Motors Argentina (GMA) will make new investments to rapidly expand all business operations for Hero MotoCorp's products.

published on : 3rd December 2021

Hero MotoCorp joins hands with Gilera Motors to expand operations in Argentina

Gilera Motors will be the exclusive distributor for the sale and service of Hero MotoCorp motorcycles and scooters in Argentina.

published on : 13th October 2021