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Bm Munjal Led Hero Group

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Honda to set up third two-wheeler plant in India

Japanese auto giant Honda on Thursday said it will set up a third two-wheeler manufacturing facility in India at Narsapuram, in Karnataka, with an installed annual capacity of 12 lakh units by......

Hero Honda promoters pledge shares, raise Rs 2 bn

The promoter of Hero Honda, Hero Investments Private Ltd (HIPL), has pledged further shares of the company to IL&FS Trust Company Ltd, raising an estimated Rs 200 crore (Rs 2 billion).In a filing......

Hero Group to pay Rs 3,841.83 cr for Honda's stake

The BM Munjal-led Hero Group on Tuesday said it will pay Rs 3,841.83 crore (Rs 38.41 billion) for Honda's 26 per cent stake in their joint venture Hero Honda.The group also said it will raise fund......

The changing face of family business splits

The Jindals did it. The Munjals followed. Now, the Goenkas are following suit. Indian business families are amicably carving up their empires among the next generation, and yet retaining a common......

Imperial Holdings' Lynch wins E&Y award

South Africa's Bill Lynch, CEO of Imperial Holdings, walked away with Ernst & Young's World Entrepreneur of the Year Award in a hotly contested, close contest. At the awards function Sunil Bharti......

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