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Honda completes exit from Hero Honda

The country's largest two-wheeler maker Hero Honda on Tuesday said its erstwhile Japanese promoter Honda Motor Co has exited the company completely after selling its 26 per cent stake to a group......

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......

B M Munjal to ride Hero Honda

B M Munjal and his sons will hold the stake as Indian promoters in the country's largest two-wheeler maker Hero Honda as part of the family settlement of $4.2-billion Hero Group. The agreement to......

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