Hero Cycles founder and patriarch Satyanand Munjal dies at 99

Hero Cycles founder and patriarch Satyanand Munjal dies at 99

Hero Cycles patriarch Satyanand Munjal, 99, passed away at his residence in Model Town here today, his family said.

Hero Cycles acquires 60% stake in Sri Lanka's BSH Ventures

Hero Cycles today announced picking up of 60 per cent stake in Sri Lankan bicycle manufacturer BSH Ventures, its third major acquisition within six months, for an undisclosed sum.

Hero Cycles sells record 6 lakh units in December

Hero Cycles sells record 6 lakh units in December

Bicycle manufacturer Hero Cycles sold over six lakh units last month, an increase of 20 percent as compared to December 2014.

Hero Cycles acquires Firefox Bikes in all-cash transaction

Hero Cycles on Thursday said it has acquired Firefox Bikes as part of strategy to cement its position in the fast-growing premium cycling segment in India.

Hero Cycles ropes in Arjun Kapoor as brand ambassador

The company also launched a limited edition sports cycle -- AK edition, named after the upcoming actor.

Hero acquires 60% stake in German bicycle company MIFA

Hero Cycles, the world's largest cycle manufacturer, has acquired 60 percent stake in German bicycle company MIFA for 15 million Euros.

Top international cyclists to participate in Hero MTB Race

Top international cyclists will participate in South Asia`s Biggest 10th Hero MTB Himalaya (cycling) Race starting from here on September 27.

Hero Cycles to set up 2 new plants, invest Rs 200 crore by 2014

Hero Cycles on Friday said it will set up two new plants by 2014 entailing an investment of up to Rs 200 crore and is also close to picking up stake in two firms in Europe as part of its international expansion.

Hero Cycles to open 30 branded outlets in 25 cities in a year

"The company aims to open 30 company-owned stores in 25 cities within one year," Hero Cycles (Urban Trail) President Pravin Patil said in a statement.

Hero Cycles sets up new unit to produce aluminium frame

The new unit has been incorporated in the manufacturing facility of Hero Motors in Ghaziabad, the company said in a statement.

Hero Cycles enters luxury market; launches new brand

Hero Cycles Monday said it has forayed into the premium bicycle market by launching a new product -- Red Dot -- priced at Rs 43,000.

Hero Cycles to tie up with insurance firms to cover poor

The world's largest bicycle maker Hero Cycles Monday said it is in talks with insurance firms to provide health cover to its rural customers as part of its initiative to uplift the poor.