Pawan Munjal

FAME investigations: Subsidy crunch hurting electric two-wheeler makers

Given the development, industry insiders say that the 1-million-unit target this fiscal year may not be achieved

Hero MotoCorp Chairman Munjal hails Budget; seeks GST cut on two-wheelers

Hero MotoCorp Chairman Pawan Munjal has called for a reduction in GST on two-wheelers to 18 per cent from current 28 per cent, while lauding the Union Budget 2023-24 as the dawn of a new high-growth economy, ensuring India's increased contribution to the global economy. The veteran auto industry leader noted that the two-wheeler segment, which has been witnessing subdued sales over the last few years, needs government support in terms of taxation. "There is a clear case for reducing the GST slab from 28 per cent to 18 per cent for the two-wheeler category, which has been adversely impacted over the past few years. This category is a means of mass mobility and should not be clubbed along with the luxury and sin goods category for GST slabs," Munjal said in a statement. He also said: "Further, now that the GST collections are buoyant, I urge the GST council to take this up since this segment is an income multiplier and its growth will boost the economy." Hero MotoCorp, the country's

I-T searches at Hero MotoCorp CMD Pawan Munjal's premises for 'tax evasion'

About 25 locations in Delhi, Gurugram and other parts of northern India.

Hero MotoCorp says visit by income tax officials was 'routine'

Offices and residential premises of the company including that of chairman and CEO of the group, Pawan Munjal, located in Gurugram, Delhi and few other locations were covered

Amid arbitration with Hero Electric, Hero Motocorp launches new EV brand

As part of its transition to the EV business, the company has started forming tie-ups and partnerships with other firms

Hero MotoCorp joins hands with BPCL to set up charging infra for 2W EVs

As part of the collaboration, the two entities will first establish a substantial charging infrastructure at the existing nationwide energy station network

Businesses need to adapt to new models, unconventional thinking: Munjal

Organisations need to adapt to new models and unconventional thinking going ahead, Hero MotoCorp Chairman and CEO Pawan Munjal said

HC refers to arbitration dispute between Munjals over use of Hero trademark

The Delhi High Court has referred to a three-member arbitral tribunal the dispute between Vijay Kumar Munjal and Pawan Munjal of the Munjal Group

Settle Hero trademark row via arbitration: Delhi HC to Munjals

The Munjal brothers were entangled in a legal battle to claim ownership of the Hero brand

Explained: Why shareholders are angry at promoter-directors' remuneration

Most experts feel the weakest link in bridging the remuneration gap between promoter-directors and professional directors is the NRC

Pawan Munjal's Covid mantra: every crisis is an opportunity, don't waste it

Says Hero MotoCorp had the best ever month of October since it started in 1985 with highest production, dispatch and sales in a day

ShareChat raises $40 mn from investors including Pawan Munjal, Twitter

The other investors include DCM Shriram Promoters Family and SAIF Partners

Auto sector can emerge as global hub, mustn't waste chance: Pawan Munjal

The COVID-19 pandemic presents an opportunity for the Indian automobile and components sector to become a global hub, thereby helping the country become self-reliant and such a chance must not be wasted, Hero MotoCorp CMD and CEO Pawan Munjal said on Saturday. Speaking at the annual session of Auto Components Manufacturers Association of India (ACMA), Munjal said the auto sector can also lead the way for other industries in India in responding to Prime Minister Narendra Modi's "clarion call" for Aatmanirbhar Bharat. "The silver lining in this pandemic is the Honorable Prime Minister's clarion call and push for an Aatmanirbhar Bharat -- I believe that going forward we, and our sector can be the growth engine for bringing alive Atmanirbhar Bharat, a self-reliant India, by all of connecting, communicating and collaborating on multiple fronts such as innovation, engineering and R&D," Munjal said. Stating that India's biggest advantage and key asset is its unique position of "having ...

Hero MotoCorp Q4 PAT falls 26% to Rs 613 cr, revenue at 6,333.8 cr

For the fiscal year ended March 31, the company posted a consolidated PAT of Rs 3,641.12 crore as compared with Rs 3,451.37 crore in the previous fiscal

Sunil Kant Munjal recounts his father and uncles' journey of building Hero

The Munjal brothers knew bicycles. They did not have any capital, but possessed the technical knowledge and skills to make their mark in the rapidly growing bicycle industry, he writes

Billionaire Pawan Munjal in advanced talks to invest in Ola Electric

Experts say Ola is wooing top industry veterans whose experience of building global businesses and understanding of emerging markets will be valuable to Ola Electric

I'm more optimistic now on 2-wheeler biz: Pawan Munjal

Interview with chairman & managing director, Hero MotoCorp

Pawan Munjal reappointed Hero MotoCorp CMD & CEO

He has been leading the company over past several years and his current tenure comes to an end on September 30 this year

We will continue to increase our R&D spending: Pawan Munjal

Interview with Chairman, MD & CEO, Hero MotoCorp