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Hero MotoCorp commences construction of $70-mn Colombian unit

Last Updated: Monday, July 07, 2014, 15:28

Country's largest two-wheeler maker Hero MotoCorp has commenced setting up of its USD 70 million (around Rs 420 crore) manufacturing facility in Colombia, as part of its plans to expand its global footprint to as many as 50 countries by 2020.

Hero MotoCorp enters Colombia

Last Updated: Monday, July 07, 2014, 15:02

Two-wheeler major Hero MotoCorp Monday said it had forayed into South American country Colombia by commencing construction of its fully-owned manufacturing plant in the country.

Hero MotoCorp's June sales up 8%

Last Updated: Wednesday, July 02, 2014, 17:58

The company added that in last month it commenced production at its fourth manufacturing plant at Neemrana in Rajasthan.

Hero MotoCorp plans 6th plant, scouts for site in South India

Last Updated: Tuesday, June 17, 2014, 17:16

The company had earlier set a target of achieving a capacity of 10 million units by 2017.

Hero MotoCorp to ride into US market next year

Last Updated: Sunday, June 15, 2014, 10:18

The company is undergoing homologation, a process to certify road-worthiness, for its bikes in the US.

Hero MotoCorp to enter Brazil's 2-wheeler mkt by 2016

Last Updated: Friday, June 13, 2014, 13:06

India's largest two-wheeler maker Hero MotoCorp is planning to enter Brazil by 2016 as it looks to consolidate position in the fast growing South American market.

Bain to sell stake in Hero MotoCorp worth up to $393 mn

Last Updated: Thursday, June 12, 2014, 19:51

The private equity firm is offering the Indian company`s shares in the indicative price band of 2,582 rupees to 2,717 rupees each, it said, a discount of as much as 5 percent from its closing price on Thursday.

Anil Dua quits Hero MotoCorp; to pursue career abroad

Last Updated: Monday, June 02, 2014, 21:25

Country's largest two-wheeler maker Hero MotoCorp Monday said its Senior VP (Sales & Marketing) Anil Dua has put in his papers.

Hero MotoCorp falls as adjusted profit lags estimates

Last Updated: Thursday, May 29, 2014, 11:00

The motorcycle maker`s other income grew by 17.7 percent to 1.23 billion rupees compared to 1.04 billion rupees in the same quarter last year, a company filing shows.

Hero MotoCorp Q4 Net down 3.4% at Rs 554.43 cr

Last Updated: Wednesday, May 28, 2014, 23:07

Hero MotoCorp, country's largest two-wheeler maker, Wednesday reported 3.44 percent decline in its standalone net profit for the fourth quarter ended March 31, 2014 at Rs 554.43 crore.

Hero forms JV in Bangladesh; to set up manufacturing plant

Last Updated: Monday, April 21, 2014, 14:34

The plant in Bangladesh will be the the first full-fledged manufacturing facility for the Indian two-wheeler major outside India.

LIC trims stake in Hero MotoCorp to 2.99%

Last Updated: Friday, March 14, 2014, 16:31

State-owned LIC has cut its stake in Hero MotoCorp to around 3 percent by selling more than 2 percent stake.