Hero Financial News

Hero MotoCorp share price rallied over 4% on Tuesday after the company announced it received more than 25,000 bookings for the recently launched Harley Davidson X440. Hero MotoCorp shares gained as much as 4.58% to ₹3,088.00 apiece on the BSE. In a regulatory filing on Monday, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, said that it received 25,597 bookings for the Harley-Davidson X440, since opening the bookings on the July 4, 2023.

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has received 25,597 bookings for the Harley Davidson X440, since opening the bookings on the 4th of July, 2023. The booking window has now been closed, and the new booking window will be announced soon. Hero MotoCorp will start production of the Harley-Davidson X440 in September 2023 and commence customer deliveries from October onwards.

LIC, Adani Ports, Tata Chemicals, Grasim, Tata Power among others will announce their June quarter results this week.August 7Godrej Consumer, Torrent Pharma, Max Healthcare, Tata Chemicals, Gland Pharma, Ramco Cements, Bayer Cropscience, Emami, Whirlpool, Kims, Poly Medicure, Medplys, Eris Lifesciences, Olectra Greentech among others will report their Q1 results.August 8Adani Ports, Coal India, Siemens, Hindalco, Linde India, Lloyds Metals, Phoenix Mills, Oil India, Prestige Estates, Aarti Industries, Happiest Minds, Brigade Enterprises, Suven Pharma, Eureka Forbes and others will announce their June quarter results.August 9Tata Power, Berger Paints, Trent, PI Industries, IRCTC, Bharat Forge, Abbott India, Uno Minda, ZEE, SJVN, Ratnamani Metals, Kalyan Jewellers, Natco Pharma, Max Financial and others will come up with their Q1 report cards.August 10LIC, Pidilite Industries, Grasim, Samvardhana, Hero MotoCorp, Alkem Labs, Page Industries, CCI, SAIL, Honeywell Automation, Mazagon Dock, Torrent Power, Biocon, Apollo Tyres, Ipca Labs, Sanofi India, among others will declare quarterly results on August 10.August 11ONGC, HAL, ABB India, Apollo Hospitals, Power Finance Corp, Jindal Steel, Zydus Life, Info Edge, IRFC, Astral, Muthoot Finance, Patanjali Foods, NHPC, Nykaa, Voltas, Timken India, Glenmark Pharma, Sun TV and others will announce their first quarter results.August 12Aurobindo Pharma, Rail Vikas Nigam, JK Cement Finolex Cables, Amara Raja Batteries, PTC Industries, among others will report their results for the quarter ended June

Hero MotoCorp: Enforcement Directorate seized cash and jewellery worth ₹25 crore during raids against top officials of Hero MotoCorp. The law enforcement agency also found "incriminating" documents in the residences and offices of executive chairperson Pawan Kant Munjal and others. This comes a day after ED conducted searches at Chairman Pawan Munjal's premises on August 1 located in Delhi and neighbouring Gurugram, and also registered a case against him under the Prevention of Money Laundering Act (PMLA), reported news agency PTI.

Hero MotoCorp will be in focus on August 3 after the the Enforcement Directorate has seized cash and jewellery worth ₹25 crore during raids against top officials of Hero MotoCorp. The law enforcement agency also found "incriminating" documents in the residences and offices of executive chairperson Pawan Kant Munjal and others.

Enforcement Directorate has seized cash and jewellery worth ₹25 crore during raids against top officials of Hero MotoCorp. The Central probe agency also found "incriminating" documents in the residences and officers of executive chairperson Pawan Kant Munjal and others. The development came mere weeks after the Ministry of Corporate Affairs ordered an investigation to assess Hero MotoCorp's relationship with a third-party vendor in a case related to alleged diversion of funds.

raids on Hero MotoCorp executive chairperson Pawan Kant Munjal and some others, the Enforcement Directorate said on Wednesday. The federal agency raided the residences and offices of the 69-year-old billionaire businessman, the promoter of India's largest two-wheeler automobiles manufacturer, in Delhi and neighbouring Gurugram apart from that of some other entities on Tuesday.

The union representing 3,700 employees at Metro Inc. says the grocery chain needs to immediately reinstate the $2 hourly wage increase that grocery workers received during the pandemic if it wants to end a strike that has shut down 27 supermarkets in and around Toronto for four days.

Maruti Suzuki: Maruti Suzuki India reported single-digit sales growth in July with the sports utility segment continuing to drive overall demand in the market. Maruti Suzuki on Tuesday said its total domestic passenger vehicle sales stood at 1,52,126 units last month as compared to 1,42,850 units in the year-ago month, a growth of 6 per cent. Utility vehicles, consisting of Brezza, Ertiga, Fronx, Grand Vitara, Jimny and XL6, clocked sales of 62,049 units last month, a two-fold jump as against 23,272 units dispatched in the year-ago period.

NEW DELHI : The Enforcement Directorate (ED), the federal agency responsible for investigating money laundering and other financial irregularities, on Tuesday conducted searches at the premises of two-wheeler maker Hero MotoCorp Ltd and the residence of executive chairman Pawan Munjal, two people familiar with the development said. The company said it was cooperating with the agency. “Officials from the Enforcement Directorate today visited two of our offices in Delhi and Gurugram and the residence of our executive chairman Dr Pawan Munjal.

Enforcement Directorate (ED) on August 1 raided the residence of Hero MotoCorp chairman Pawan Munjal in a case of alleged money laundering, signalling a major escalation of investigation against the prominent businessman. The law enforcement agency conducted searches at his premises located in Delhi and neighbouring Gurugram, and registered a case against him under the Prevention of Money Laundering Act (PMLA), reported news agency PTI. Earlier today, the country's largest two-wheeler automobile manufacturer informed the stock exchanges that ED had visited Munjal's residence and two of its offices.

ED today raided the Delhi & Gurugram homes of ... moreED today raided the Delhi & Gurugram homes of Hero Moto Corp Chairman Pawan Munjal.

Enforcement Directorate raided Hero Motocorp Chairman Pawan Munjal. A PMLA case has been registered against the chairman, reported CNBC.

Hero MotoCorp's Chairman Pawan Munjal, ET Now reported citing sources on Tuesday. The shares of the company to the day's low of Rs 3,063 per share, down 4.4 per cent following this development. ET in June had reported that the Ministry of Corporate Affairs (MCA) ordered an investigation against Hero MotoCorp Limited over alleged corporate governance issues.

Sociowash has conceptualised and executed a print campaign for Hero Lectro, the E-cycle division of Hero Cycles. The campaign aims to position the company’s range of e-cycles as a smarter, greener and enjoyable alternative for daily commutes.

Hero MotoCorp and Harley-Davidson made an announcement about the X440 motorcycle, the first product resulting from their collaboration. The companies expressed their delight over the "highly positive response in customer bookings" for this motorcycle, which is considered the most affordable Harley in the world. In light of the strong demand, Hero has decided to close the booking window for the Harley-Davidson X440 on August 3, 2023.

Hero MotoCorp has discreetly taken down the Passion Pro commuter motorcycle from its official website, and dealerships have also confirmed that the bike is currently unavailable, reported HT Auto. As per the report from the publication, the company has not provided clarity on whether this discontinuation is a temporary measure or a permanent one. However, customers interested in the Passion series need not be concerned as Hero is continuing to sell the Passion XTEC and the more affordable Passion Plus models.

He’s bespectacled, shortish, seems serious, even studious, has played just 14 first class games, and was a last-minute replacement for injured off-spinner Nathan Lyon.

ASM Technologies Ltd, Automotive Axles Ltd, Bhagiradha Chemicals & Industries Ltd, Deepak Nitrite Ltd, Prataap Snacks Ltd, Dollar Industries Ltd, Hatsun Agro Product Ltd, Hero MotoCorp Ltd, Indag Rubber Ltd, JK Tyre & Industries Ltd, Pidilite Industries Ltd, Pradeep Metals Ltd, Punjab Chemicals and Crop Protection Ltd, Rajratan Global Wire Ltd, Ratnamani Metals & Tubes Ltd, Shree Ajit Pulp And Paper Ltd, and Ultratech Cement Ltd among others will be under investors’ radar on Thursday as they will trade ex-dividend today. Today, 18 stocks will trade ex-dividend. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

₹1,500 crore, as was reported in the news article by the Economic Times (ET). Mint could not independently confirm the news.

NEW DELHI : On 1 June, at Himgiri Automobiles, a Hero MotoCorp Ltd dealership in Delhi’s Shahdara neighbourhood, a 35-year-old man walked in to take home the Xoom, a 110cc scooter. He simply liked the scooter’s styling and picked it over a bigger scooter, the NTorq, manufactured by TVS Motor Company. Nudging him to disclose more about this choice was an unusual visitor at the dealership—Niranjan Gupta.