ED seizes assets worth ₹25 cr from Hero MotoCorp's Pawan Munjal residence
This comes a day after the agency conducted raids under the Prevention of Money Laundering Act (PMLA) across 12 locations in Delhi and Gurugram of Hero MotoCorp
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Hero MotoCorp shares tank 5% after ED raids Pawan Munjal's residence
According to reports, the Directorate of Revenue Intelligence (DRI) recently apprehended a close aid of Munjal in relation to money laundering and the possession of undeclared foreign currency
Succession planning at Hero MotoCorp: CFO Niranjan Gupta is now CEO
Pawan Munjal, current CEO and chairman of Hero MotoCorp, will continue as executive chairman and whole-time director on the board.
Hero-Harley bike in 2 years: Hero MotoCorp CFO
Hero MotoCorp, the world’s largest maker of two-wheelers and scooters, plans to leverage the licensing agreement with Harley-Davidson to double down on the profitable segment of premium motorcycles.
Vida exports within a year: Hero MotoCorp’s Pawan Munjal
With a premium product, Hero is neither expecting nor wishes to drive volumes right up front. It is also concurrently working on an export strategy and has identified potential markets.
I-T raids Hero MotoCorp, Pawan Munjal residence for ‘tax evasion’
Officials of the Income Tax Department are looking at financial documents and other business transactions of Hero MotoCorp and its promoters.
Munjal v/s Munjal: Arbitration to settle dispute for the Hero insignia
A three-member arbitral tribunal will decide who among the adversarial Munjals — Vijay or Pawan — will be bestowed with the elusive Hero brand identity for its electric portfolio
Why Munjals are in Court fighting over ‘Hero’ brand
Naveen Munjal argues that Hero MotoCorp’s intention to use the same brand in EVs goes against a family pact.
