To sell its 26 per cent stake to the Munjals for $1.2 billion.
Jeev Milkha Singh's season continues to be marred by injuries with a back problem on Monday forcing him out of this week's Hero Honda Indian Open at the Delhi Golf Club.
The group also said it will raise fund from private equity firms, including Bain Capital and Lathe Investment, estimated to be around Rs 4,500 crore (Rs 45 billion) to finance its buyout by selling stake in Hero Investments Private Limited (HIPL).
Although most companies had geared for increased production at their plants, most say the surge in demand was unexpected, partly driven by yesteryear purchases which had been postponed earlier due to lack of funds.
Mumbai boy Keegan Pereira, who studied in a school in the northern suburb of Bandra before migrating to Canada with his parents, will represent his adopted country in the Hero Honda FIH World Cup Hockey tournament, commencing in Delhi later this month.
Kamal Khan wins the reality show, and looks forward to Bollywood.
Mahindra & Mahindra, which has been aggressively trying to make inroads in the 7.3 million units per year motorcycle market with the help of Bollywood actor Aamir Khan, has failed to create much excitement, with sales slipping 36 per cent last month from the previous one.
Off-season rust and a cold putter spoilt the day for star attraction Arjun Atwal even as course familiarity worked to the advantage of some unfancied names such as Sanjay Kumar and Shamim Khan in the opening round of the Hero Honda Indian Open Golf Tournament in New Delhi, on Thursday.
Short of practice but rejuvenated after a break, India's first PGA Tour title winning golfer Arjun Atwal on Tuesday said he is aiming to round off his consistent year by lifting the Hero Honda Indian Open for the first time in 11 years, this week.
Professional golfers of Indian and sub-continental origin, currently playing in Europe and America, will be seen in action at the $00,000 Hero Honda Women's Indian open golf tournament from November 11 in Gurgoan.
Check out Hero MotoCorp's hottest new bike all set to be launched in India
The Bajaj Pulsar 220 was the fastest in India. However things have changed now with the launch of the Honda CBR250R. So Bajaj Auto decided to launch a more powerful version of the Pulsar by September this year to retain the fastest Indian tag.
Auto companies in the state are likely to go on an expansion drive buoyed by better-than anticipated sales over the past few quarters.
The Union finance ministry may have to battle it out in court with the sponsors of the Indian Premier League cricket tournament to make them comply with its service tax payment demands.
Australia are upbeat about their chances and looking to seal the series before landing in Mumbai for the final ODi of the seven-match series, says Michael Hussey.
Hero Honda, India's largest two-wheeler maker, could see a change in ownership as the Delhi-based Munjal family seeks to buy the stake held by partner Honda Motor Company of Japan in the joint venture. The Indian promoters are reportedly talking to private equity (PE) players to raise the money needed to buy the 26 per cent stake held by Honda Motor.
Images from the final of the 12th World Cup Hockey in New Delhi on Saturday.
Defending champions Germany will be gunning for a historic hat-trick of titles while Australia will be eyeing their first in 24 years when the two lock horns in the final of the Hero Honda FIH hockey World Cup in New Delhi on Saturday.
Bottom placed Argentina scored their first win of the tournament, edging past New Zealand with a solitary goal in their penultimate Pool A match of the Hero Honda Hockey World Cup at Dhyan Chand National Stadium on Sunday.
Australia continued with their impressive form after the initial hiccup and inched closer towards a semifinal spot beating Olympic silver medallist Spain 2-0 in a crucial Pool B match of the Hero Honda FIH World Cup in New Delhi on Saturday.
Defending champions Germany face a stern test when they take on rampaging the Netherlands in a mouthwatering Pool A clash in the Hero Honda hockey World Cup in New Delhi on Sunday.
European champion England registered the first upset of the Hero Honda FIH World Cup, stunning Olympic silver medallist Australia 3-2 in second Pool B match of the quadrennial event at Major Dhyan Chand National Stadium on Sunday.
Pakistan's sports ministry on Thursday issued a No-Objection Certificate to the national hockey team to participate in the Hero Honda FIH World Cup, in Delhi from February 28 to March 13.
In what promises a rollicking start to next year's Hero Honda FIH Hockey World Cup, hosts India will take on archrivals Pakistan on the opening day of the mega-event, to be held in New Delhi from February 28 to March 13.
Satinder Kumar and Raghu Prasad are the two Indian umpires who would officiate in the 12-nation Hero Honda FIH Hockey World Cup to be held at New Delhi's National Stadium in February-March 2010.
If a depleted Australia was able to beat India in the just-concluded ODI series, it was mainly because of the solidity and impetus Michael Hussey provided in the middle of the innings.
Australia captain Ricky Ponting says there's no room for complacency in the seventh ODI against India in Mumbai on Wednesday despite having the series in the pocket.
Thursday's fifth ODI between India and Australia is crucial in the sense that the side winning will have a slight advantage ahead of the next one in Guwahati, where an early start may put paid to the plans of the teams.
145 companies have paid Rs 125.65 billion (Rs 12,565 crore) as interim dividend for 2009-10
RIL, SBI and ONGC are among the top 200 companies ranked 121st, 150th and 152nd, respectively by US magazine Forbes. New entrants include Hero Honda Motors, Sun Pharma, Indian Bank and Jindal Steel and Power Ltd. However, five Indian companies -- scam-hit IT firm Satyam Computer, realty firm Unitech, Suzlon Energy and two Anil Ambani group firms Reliance Power and Reliance Capital -- have been dropped.
Going by the teams' past 4-4 win-loss record in World Cups, there is little to separate the two hockey powerhouses. But a win on Thursday will not only earn one of them a spot in the title clash, but also give them the edge when it boils down to rivalry between the two countries in the tournament.
Defending champions Germany saw off a late challenge from New Zealand to score a thumping 5-2 victory and booked a semifinal berth in the Hero Honda Hockey World Cup in New Delhi on Tuesday.
Sandeep Singh scored twice as India beat Pakistan 4-1 in their opening match of the 12th men's Hockey World Cup in Delhi on Sunday.
While the country's largest car maker, Maruti Suzuki India, said its car will become costly by two per cent, Hyundai Motor India said it will result in a price rise of Rs 6,500-25,000 on average.
Manav Jaini's nerves got the better of him and he missed out on what could have been his biggest professional triumph as Swedish golfer Rikard Karlberg lifted the Hero Honda Indian Open title after a dramatic final round in New Delhi.
He has led Argentina to the bronze medal in last year's Champions Trophy, but skipper Matias Vila is realistic enough to admit that his team does not stand with a good chance of a podium finish in the forthcoming hockey World Cup to be held New Delhi from February 28 to March 13.
Australia hockey captain Jamie Dwyer is looking forward to playing in the Hero Honda FIH World Cup to be held in New Delhi's Major Dhyan Chand National Stadium from February 28 to March 13 next year and reckons defending champions Germany as the team to be most feared.
The markets opened 47 points higher at 7,682.
At least a dozen advertisers, including Reliance Communications, Nokia, Pepsi, Hero Honda, Maruti and Visa among others, and host broadcaster ESPN STAR Sports may find themselves on a sticky wicket with India's exit from the current world Twenty20 cricket tournament.
After the launch of Audi's crossover utility vehicle Q5, June will see two more heavyweight car launches within days of each other, making this month the one with the most number of launches in the last nine months.
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