Pawan Munjal

Niranjan Gupta said 'Being part of Hero MotoCorp’s journey has been an incredibly rewarding experience. I am grateful to Dr. Munjal and the Board of Directors for the privilege of leading this remarkable company'

Expansion Drive: We are growing the portfolio across our brands — Niranjan Gupta, Hero MotoCorp CEO

The Pawan Munjal-led firm had earlier said that it is looking to sharpen its focus on ICE and e-scooters, and also widen its portfolio in the premium motorcycles space.

Hero MotoCorp Q2 net profit rises 14% to Rs 1,204 crore, beats estimates

The Pawan Munjal-led company registered an 11 percent year-on-year increase in revenue at Rs 10,463 crore

Hero MotoCorp showcases new models; to enter Europe, UK markets in second half of 2025

At the event, the company said it will enter the markets with a new electric scooter -- the VIDA Z, which has been developed keeping a global audience in mind

Hero MotoCorp Q1 Results: Net profit rises 36% to Rs 1,123 crore, misses estimate

Hero MotoCorp Q1 FY25 Results Update: Niranjan Gupta, CEO, added, “The overall economic indicators in India are promising, and the inclusive policies as well as capital allocation to infra and rural sector announced in union budget is expected to bolster demand”

DRI case: Delhi HC quashes proceedings against Hero MotoCorp chairman Pawan Munjal

The high court allowed Munjal’s petition challenging the complaint against him and also set aside a trial court’s July 1, 2023 order summoning him in the DRI’s case

Delhi HC quashes summons issued to Hero Group chairman Pawan Munjal in DRI proceedings

The high court passed the order on Munjal's plea seeking quashing and setting aside of a trial court's July 1, 2023 order by which the summons was issued against him for alleged offences under the Customs Act.

Delhi High Court sets aside DRI proceedings against Hero Group chairman Pawan Munjal

The order is likely to strengthen Munjal's petition against the Enforcement Directorate proceedings, as the DRI case was based on ED's money-laundering investigation

Hero MotoCorp Q4 net profit rises 18% to Rs 1,016 cr, declares Rs 40 dividend

The two-wheeler manufacturer's revenue rose 15 percent to Rs 9,519 crore in Q4FY24 as compared to Rs 8,307 crore in Q4FY23.

Ram Temple inauguration reflects India's unity, rich cultural heritage, resilience: Pawan Munjal

Addressing the Hero World 2024 event here, he also said for any country aspiring to achieve new heights of development, upholding its heritage is crucial.

No settlement in cheating case relating to Hero Motocorp's Pawan Munjal, HC to hear case in January

The HC is now likely to hear the case on January 24, interim stay against the proceedings will continue till then.

Pawan Munjal offers to deposit Rs 25 crore against assets seized by ED

Munjal's lawyers made the statement while the high court was hearing an application by ED seeking status quo of the assets they had attached on November 10.

Delhi HC stays ED proceedings against Hero Motorcorp CMD Pawan Munjal

The High court .in the interim order, noted that since the Director of Revenue Intelligence's (DRI) complaint, which is the genesis of ED's investigation, has itself been stayed by the HC on November 3, the ED proceedings need to be stayed as well.

Delhi HC stays DRI proceedings against Hero Group chairman Pawan Munjal

SEMPL has also drawn foreign exchange/ travel forex cards in huge amounts in the name of other employees who didn’t even travel abroad, it claimed.

ED seizes properties worth Rs 25 crore linked to Hero MotoCorp CMD Pawan Munjal

The ED provisionally attached three immovable properties of Pawan Munjal in Delhi under the Prevention of Money Laundering Act.

Hero MotoCorp Chairman Pawan Munjal volunteers to take 20% pay cut

In FY23, Hero Moto had paid Rs 99.55 crore as remuneration to Pawan Munjal, which was 18.02 percent higher than previous year. After a 20 percent cut, it will be around Rs 80 crore.

Hero Moto drops 3% on reports of Police FIR against company

This case is not related to money laundering investigation being carried out by Enforcement Directorate and the Directorate of Revenue Intelligence (DRI), an investigative arm of the Central Board of Indirect Taxes and Customs (CBIC).

Hero MotoCorp to hike Karizma XMR’s prices by Rs 7,000 from October 1

Until midnight on September 30, the Karizma XMR will be available at the introductory price of Rs 1,72,900.

Hero MotoCorp revives ‘Karizma’ brand, aims for wider play in premium segment

The new-generation Karizma will take on Suzuki Gixxer SF 250, Yamaha R15, and Bajaj Pulsar RS 200

Hero MotoCorp discloses details of promoter family settlement

The family settlement is dated July 2016, according to which Sunil Kant Munjal had stepped down as the joint MD and exited control of the company.

Hero MotoCorp Q1 FY24 PAT up 32% at Rs 825 crore, revenue up 4.5% at Rs 8,767 crore

Lower commodity costs, price hikes, positive operating leverage and a richer product mix have also helped the company boost its bottom line

Hero MotoCorp falls 3% after ED raids Pawan Munjal's residence

Directorate of Revenue Intelligence apprehended a close associate of Pawan Munjal for carrying undeclared foreign currency.

Hero MotoCorp confirms ED visit at Pawan Munjal's residence after raid triggers worst stock fall in over a year

Shares of the company suffered its worst fall in over a year during the intraday trading, following the report of ED action and settled the day with a decline of over 3 percent

Harley-Davidson X440 booking starts today at 4.40pm. Here's how much you have to pay

Hero MotoCorp on July 3 launched Harley- Davidson X440, a fully indigenized 440cc motorcycle it has co-created with the US-based cult motorbike maker

Hero Motocorp under govt radar, corporate affairs ministry initiates probe: Sources

The MCA will assess Hero Motocorp's relation with a third-party vendor in a case related to alleged diversion of funds, and will also examine the company's ownership structure, reports said.