Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22
The country's largest two-wheeler maker Hero MotoCorp on Wednesday said it has partnered with Taiwan-based Gogoro Inc to collaborate in the field of electric mobility. As per the partnership, the companies will establish a battery swapping joint venture to bring Gogoro's industry leading battery swapping platform to India and will collaborate on electric vehicle development to bring Hero-branded, powered by Gogoro network vehicles to market. "Today marks another major milestone in our journey, as we bring Hero's leadership in two-wheelers, our global scale and innovation powerhouse, with the leadership of Gogoro in swapping business model, as they have demonstrated over the years in Taiwan and rest of the world," Hero MotoCorp Chairman and CEO Pawan Munjal said in a statement. This partnership will further extend the work, which the company is doing at its R&D hubs at the Centre of Innovation and Technology (CIT) in Jaipur and Tech Centre in Germany, he added. The vision and ...
Firm says shutdown is due to massive and unrestrained spread of Covid-19 across the country
Two-wheeler market leader Hero MotoCorp on Tuesday said it will work towards ecological restoration and conservation of the Aravali Biodiversity Park at Gurugram, in Haryana for the next 10 years
Longs should be protected with the stoploss of 14,275 in Nifty
The country's largest two wheeler maker Hero MotoCorp on Thursday said it will cover the Covid-19 vaccination cost of its workforce, including permanent and contractual employees
Cumulative sales in March at the top five two-wheeler makers soared 75% to 1,421,600 units during the month against 808,692 units a year ago
While overall two-wheelers sales are down, what is hurting Hero MotoCorp is that the slowdown is impacting the entry and executive segments the most
In March this year, the company registered highest-ever sales in Global Business in a single month by clocking 32,617 units
The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21
Weightage-wise, Reliance Industries, ICICI Bank, HDFC Bank, HDFC, Infosys, Axis Bank, ITC, and SBI were responsible for 600 points cut in the Sensex
Tata Group's holding in Tata Communications has increased to 58.87 per cent after the government sold stake to Tata Sons' unit Panatone Finvest
The price increase across the range of two-wheelers will be up to Rs 2,500, and the exact quantum of the increase will vary on the basis of the model and the specific market
Move reflects sustained pain in world's largest two-wheeler market, as it covers two segments accounting for 75% of its size and comes despite spike in input costs
The two-wheeler maker reported rise in total sales during February
The company's total motorcycle sales stood at 4.63 lakh units last month as against 4.79 lakh units in February 2020, down 3.25 per cent YoY
Royal Enfield on Monday reported a 10 per cent increase in total sales at 69,659 units in February
The country's largest two-wheeler maker Hero MotoCorp on Monday reported a 1.45 per cent increase in total sales at 5,05,467 units in February. The company had sold 4,98,242 units in the same month of the previous year, Hero MotoCorp said in a statement. Total motorcycle sales stood at 4,63,723 units last month as against 4,79,310 units in February 2020, down 3.25 per cent. Total scooter sales, however, increased over two fold to 41,744 units as compared with 18,932 units in the year-ago month, it added. In the domestic market, sales rose marginally to 4,84,433 units last month as compared with 4,80,196 units in the same period a year ago. Exports last month stood at 21,034 units as compared with 18,046 units in the year-ago period. "The growth in sales despite the ongoing challenges on account of supply chain issues that the industry is facing has been possible due to the state of preparedness and quick countermeasures taken by the company," the company said. Hero MotoCorp re
Its ability to make further inroads into premium bikes, scooters will be critical
The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively