Hero MotoCorp, a global manufacturer of motorcycles and scooters, has appointed Rajnish Kumar – former chairman of State Bank of India (SBI) – as an Independent non-executive Director on the Board of the Company. Kumar completed his three-year term as chairman of SBI in October 2020. He is credited with steering the bank successfully through…
Tag: Hero MotoCorp
Hero Motocorp expands customer touch points and service centers for Harley-Davidson riders in India
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•Harley-Davidson and Hero MotoCorp have expanded the touch points for customers in the country. Hero MotoCorp now has an expanded network of 14 full-fledged dealerships and seven authorized service centers across the country, exclusively for Harley-Davidson customers. Also, the companies have opened bookings for next lot of Pan America 1250 after the first batch was…
Hero Motocorp steps up its Covid-19 relief initiatives
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•In keeping with its commitment towards the COVID-19 relief efforts, Hero MotoCorp Ltd, the world’s largest manufacturer of motorcycles and scooters, has rapidly expanded its initiatives across the country. Under the Company’s Corporate Social Responsibility (CSR) platform “Hero WeCare”, Hero MotoCorp has partnered with the Ramakrishna Mission Sevashrama, Kankhal (RMSK) at Haridwar in Uttarakhand for…
Hero Motocorp appoints Michael Clarke as Chief Operating Officer, HR head
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•Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has appointed global mobility expert Michael Clarke to the newly created position of Chief Operating Officer (COO), with the additional role of Chief Human Resources Officer (CHRO). Based out of India, Mike will join Hero MotoCorp effective January 1, 2021 and report to Dr. Pawan…
Hero Motocorp appoints BS Dhanoa to the Board, Sanjay Bhan to lead global business
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•Hero Motocorp, the world’s largest manufacturer of motorcycles and scooters, has announced a round of appointments to strengthen its Leadership Team to drive growth in the emerging business Climate. Air Chief Marshal (Retd.) B. S. Dhanoa has been appointed as a Non-Executive and Independent Director on the Board of the Company, effective October 1, 2020. …
Ather Energy raises Rs84 cr fresh funding from Hero MotoCorp
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•Ather Energy, a Bengaluru-based electric vehicle startup, announced that it has raised Rs 84 crore fresh funding from Hero MotoCorp. The EV startup will utilise the funds to boost expansion. It has plans to expand into 20 cities by the end of next year and set up a new manufacturing plant in Hosur, in Tamil…
Coronavirus: Hero MotoCorp shuts down manufacturing plants globally
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•Hero MotoCorp, the world and India’s largest two-wheeler company, recently announced that it is temporarily shutting down all its manufacturing facilities globally with immediate effect. The recent closure of the manufacturing is a result of the ongoing coronavirus pandemic. The company announced the closure through an official BSE filing, which read, “With the safety and…
Ola invests $100 million in scooter-sharing start-up Vogo
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•India’s leading ride-hailing company Ola has decided to invest an additional $100 million in scooter-sharing startup Vogo, this new funding will help the firm to expand its current fleet. The scooter-sharing startup started its service eight months ago with 2000 scooters in Bengaluru and Hyderabad, now with this new funding, the firm can acquire 100K new scooters that…