Diabytes
Pawan Munjal News
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Income Tax raids at Hero Motorcorp.
Pawan Munjal's premises searched.
Gurugram, Haryana, Delhi and few other locations are being covered.
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Income Tax raids at Hero Motorcorp.
Pawan Munjal's premises searched.
Gurugram, Haryana, Delhi and few other locations are being covered.
)
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.
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Income Tax raids at Hero Motorcorp.
Pawan Munjal's premises searched.
Gurugram, Haryana, Delhi and few other locations are being covered.
)
The median remuneration of the company's employees during the financial year was Rs 8.16 lakh.
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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.
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Country's largest two-wheeler maker Hero MotoCorp today reported 14 per cent increase in sales at 6,06,542 units in March
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Here is a look at the full list of the top 10 highest paid directors in India:
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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.
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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.
The bikes will be sold in 120 outlets spread across the country.
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.
The company had earlier set a target of achieving a capacity of 10 million units by 2017.
The company is undergoing homologation, a process to certify road-worthiness, for its bikes in the US.
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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