Hero

New OBD emission norms to increase 2W prices by 1-2%: Hero MotoCorp

The new norms, which will come into force on vehicles produced after April 1 this year enhancing real-time emission tracking and diagnostic capabilities

Work-balance main obstacle in women's career progress, says report

Representation in leadership position of organisations has improved after diversity efforts, it says

Retail major Walmart sources bicycles from India, partners Hero Ecotech

Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero Ecotech. The first India-made bicycles are hitting select stores in the US market just in time for the holidays, Walmart said in a statement. This is part of Walmart's commitment to triple exports out of India to USD 10 billion annually by 2027, it added. Hero Ecotech has designed a cruiser-style bike for Walmart carrying the Concord brand available in both adult-sized men's and women's versions adding to the company's growing bicycle offerings. The cruisers sold in Walmart US stores are built with more than 90 per cent of raw materials sourced from India. Andrea Albright, Executive Vice President, Sourcing, Walmart said: "India is well-positioned to support increased demand for products by Walmart customers, and we are excited about our partnership with Hero Ecotech. This collaboration furthers our work to strengthen resiliency in our global supply while ...

Hero revises price of Karizma XMR 210; new price, booking to start Oct 1

The date for the new booking window will be announced soon, which will incorporate the revised price of the bike

Hero Realty sells 77 plots in Gurugram project for Rs 180 cr in single day

Hero Realty has sold all 77 plots for about Rs 180 crore in its newly launched project in Gurugram. All the plots were sold on June 29, the first day of the launch itself. The selling price starts from Rs 1.99 crore and onwards. Hero Realty has launched a plotted development project 'The Ark' in Sector 85, Gurugram, spread over 5 acres, a company statement said. Dharmesh Shah, CEO of Hero Realty Pvt Ltd, said, "We are delighted with foraying into the plotted development in the Delhi-NCR market and are committed to meeting the evolving needs of our customers. With the help of technology and our brand value, the NCR will experience best practices even in the plotted segment." In February, Hero Realty purchased a 5-acre land in Gurugram for Rs 90 crore to develop a plotted residential project. The total cost to develop this project is estimated at Rs 115 crore. The project will be developed by the end of next year. The company has formed a separate vertical 'Hero Earth' for undertak

Hero MotoCorp launches Xtreme 160R 4V premium bike at Rs 1.27 lakh onwards

Hero MotoCorp on Wednesday launched its new Xtreme 160R 4V premium motorcycle with prices starting at Rs 1.27 lakh (ex-showroom Delhi). The new Xtreme 160R 4V is powered by a 163cc BS-VI phase II and E20 compliant engine that generates a maximum power output of 16.9 Ps, the company said in a statement. It comes in three variants of Standard, Connected 2.0, and Pro priced at Rs 1,27,300, Rs 1,32,800 and Rs 1,36,500, respectively (all prices ex-showroom Delhi), the company added. "We are going to introduce a series of class-defining products in the premium motorcycle space and the launch of Xtreme 160R 4V is the first in a series of launches lined up through the year," Hero MotoCorp CEO Niranjan Gupta said. He further said, "While the X-range of motorcycles has given us a massive edge, there is a strong focus on growing our volumes in the higher engine capacity segment with differentiated offerings. Our new launches will also help grow the category in the coming months." The bike is

FAME-II 'defaulters': Hero Electric, Okinawa to get subsidy recovery shock

Notices to Ola Electric, Ather, TVS, Vida for 'breaching' ex-factory price cap

Hero MotoCorp sales increases by 10% in February at 3,94,460 units

The country's largest two-wheeler maker Hero MotoCorp on Wednesday reported a 10 per cent year-on-year increase in total wholesales at 3,94,460 units in February. The company had dispatched 3,58,254 units in the same month last year. In the domestic market, its sales rose to 3,82,317 units last month from 3,31,462 units in the same month last year. Exports, however, dipped to 12,143 units from 26,792 units in the year-ago period. "The volumes in the month of February indicate the continuously improving consumer sentiment and the company expects the positive trend to continue in the coming months, on the back of favourable economic indicators," Hero MotoCorp said in a statement.

Hero Realty buys land in Gurugram for Rs 90 cr for plotted development

Hero Realty Pvt Ltd has purchased a 5- acre land in Gurugram for Rs 90 crore to develop a plotted residential project. The deal was facilitated by property consultant Cushman & Wakefield. The name of the seller has not been disclosed. Hero Realty, promoted by Sunil Kant Munjal's Hero Enterprise, has bought the land in Sector 85, Gurugram, the consultant said in a statement. Dharmesh Shah, CEO, Hero Realty, said, The acquisition marks the entry of Hero Realty into the plotted spaces in Delhi-NCR region." The project will further strengthen its continued sales growth in this fiscal and set the foundation for a significant increase in market share, Shah said. "This land parcel is over 5 acres at a value of Rs 900 million(Rs 90 crore)," the statement said. Hero Realty has successfully delivered projects in Ludhiana, Mohali and Haridwar. Hardeep Lamba, MD Capital markets (North & East), Cushman & Wakefield, said this transaction will not only make way for a successful project .

Hero Electric partners with Dhoot Transmission for wiring harness solutions

Electric two-wheeler maker Hero Electric on Wednesday said it has partnered with Dhoot Transmission Pvt Ltd for new wiring harness solutions. The company's products will be equipped with the latest wiring harnesses of Dhoot Transmission under the partnership, it said in a statement. "Our partnership with Dhoot Transmission to procure wiring harnesses for our products is a step towards ensuring vehicle efficiency and customer safety by equipping our products with durable and robust components," Hero Electric CEO Sohinder Gill said. The two companies have extensively collaborated on the 3D design for Hero Electric models of the wire harness, Dhoot Transmission Managing Director Rahul Dhoot said. "This design has features that provide optimum performance to the end user, ensuring long life, compatibility, and durability, all woven into one with careful thought on cost-effectiveness," he added. Dhoot Transmission has 21 manufacturing facilities across the globe, out of which 18 such .

Hero Motorsports team begins its seventh consecutive Dakar Rally in Jeddah

India's Hero MotoSports Team Rally began its seventh consecutive Dakar Rally at the Sea Camp near Jeddah on Saturday. The team features a stellar squad of four Rally GP class riders - Franco Caimi, Joaquim Rodrigues, Ross Branch, and Sebastian Buhler. Starting their campaign on a strong foot at the 45th edition of the Dakar Rally, the Team finished the 13-km long Prologue stage with three riders in the top 10 positions. Ross Branch achieved a spot on the podium with a third place, followed by Joaquim Rodrigues in the sixth and Sebastian Buhler in eighth positions. Franco Caimi is in the 20th position in the Rally GP Class. After a short start podium ceremony, riders completed the short 13-km special on the seafront, which gave the top 10 finishers an advantage of choosing their starting positions for the first stage due on Sunday. The first official stage of the Dakar Rally 2023 will take the riders around a 603 km loop around the Sea Camp with 367 kms forming the special ...

GoPro Hero 11 Black first impressions: Versatile, easy-to-use action camera

The GoPro Hero 11 Black is a major step forward in terms of utility and features, but I will reserve my verdict about the product for in-depth review

Hero Electric to set up Rs 1,200 crore manufacturing unit in Rajasthan

The greenfield facility by Hero Electric will be spread over 170 acres and have an annual capacity of manufacturing 2 million units

Q1 results: Hero MotoCorp's net profit rises 71% on higher sales

Net profit of the Splendor and Glamor brands' maker increased to Rs 625 crore from Rs 365.44 crore in the same quarter a year ago

Tribunal allows Hero MotoCorp to use 'Hero' trademark for its EVs

Electric two-wheeler maker Hero Electric had sought an injunction against Hero MotoCorp using the 'Hero' trademark for its electric vehicles

Hero MotoCorp sales dip 29% in Feb to 358,254 units, but exports rise

Domestic sales were also down 31.57 per cent at 3,31,462 units last month compared to 4,84,433 units in February 2021

Hero Electric unveils new two-wheeler model, set to launch in next quarter

Hero Electric on Tuesday unveiled a new two-wheeler Hero Eddy for the domestic market. The electric scooter is easy to manoeuver product that strikes a perfect balance between technology and convenience to fulfil the need for short-distance commutes to next-door coffee shops, golf courses and gymnasium etc, the company said in a statement. Hero Eddy comes with features like find my bike, large boot space, follow me headlamps and reverse mode. The electric scooter comes in two colours - yellow and light blue -- and would not require any license or registration. Hero Electric plans to launch the product in the next quarter. We at Hero are thrilled to announce our upcoming product Hero Eddy that will have an overwhelming on-road presence, combining smart features and stylish looks. The scooter is designed keeping in mind individual's conscious efforts to contribute towards carbon-free future combined with a hassle-free ride experience," Hero Electric MD Naveen Munjal noted. The comp

Hero MotoCorp expects 2-wheeler industry to make strong comeback in FY23

Hero MotoCorp expects the two-wheeler segment to make a strong comeback next financial year with Omicron wave subsiding and a broader economic recovery in sight, said a senior company official.

Hero MotoCorp appoints Arun Jaura as CTO; chief compliance officer resigns

Two-wheeler maker Hero MotoCorp on Friday announced the appointment of industry veteran Arun Jaura as its chief technology officer (CTO) to lead the company's research and development (R&D). The company, in a statement, also announced the resignation of Neerja Sharma, company secretary and chief compliance officer. Jaura, who was the managing director of Michelin India Technology Center before taking up the current position, reports to Hero MotoCorp Chairman and CEO Pawan Munjal, the company said in a statement. Vikram Kasbekar, who has been leading the R&D function at Hero MotoCorp in the past two-and-a-half years, will support Jaura for a seamless transition and continue to work on some key assignments in the coming months, it said. The appointment of Jaura, a global technology expert, is aimed at strengthening the company's leadership team amid its continued focus on its vision 'Be the Future of Mobility', Hero MotoCorp said. Sharma has decided to take a pause and refresh .

Hero ready to use its cash balance to take on Ola's e-two-wheeler foray

The company will launch its first electric scooter in March 2022