Hero MotoCorp to drive in new scooter trims; bolster production capacity of Xtreme 125R

Hero MotoCorp to drive in new scooter trims; bolster production capacity of Xtreme 125R

Two-wheeler major Hero MotoCorp is gearing up to expand its scooter range and consolidate its position in the 125 cc bike segment as it looks to grow faster than the competition, according to CEO Niranjan Gupta. The company plans to roll out both petrol and electric scooter trims and also bolster the production capacity of … Read more

Hero Moto tax notice: Hero MotoCorp gets tax and interest notice from I-T Dept totalling Rs 605 cr for six AYs

Hero Moto tax notice: Hero MotoCorp gets tax and interest notice from I-T Dept totalling Rs 605 cr for six AYs

Two-wheeler maker Hero MotoCorp has received tax demand notice from the Income Tax Department for Rs 308.65 crore and interest thereon for Rs 296.22 crore for six assessment years, the company said in a stock exchange filing on Thursday. The assessment orders and demand notices are for six assessment years including FY14, FY15, FY16, FY17, … Read more