HERO MOTOCORP - The Purbottar

06 Mar

Hero MotoCorp accelerated Digital Transformation

editor0 CommentsBusinessHERO MOTOCORP

The world’s largest manufacturer of motorcycles and scooters Hero MotoCorp has further strengthened its leadership team with the appointment of digitization and technology expert Reema Jain. She has joined Hero MotoCorp on 1 March 2022as the new Chief Information & Digital Officer to lead the technology driven business transformation. Ms. Jain will directly report to the Chairman and CEO of Hero MotoCorp Dr. Pawan Munjal. Reema Jain is a well-known name in the technology industry and was recently named among top 100 global CDOs across industries. Jain most recently served as Chief Digital Officer at Vodafone India. Hero MotoCorp recently…

06 Mar

Hero MotoCorp sells 3.58 lakh units in February 2022

editor0 CommentsBusiness, IndiaHERO MOTOCORP

The world’s largest manufacturer of motorcycles and scooters Hero MotoCorp sold 358,254 units in February 2022. It has become the first automotive OEM to tie up with a leading Public Sector Undertaking (PSU) to set up charging infrastructure across the country. The company has collaborated with Bharat Petroleum Corporation Limited (BPCL), to establish charging infrastructure for two-wheeled electric vehicles (EVs) across the country in its endeavor to electrify India. Hero MotoCorp announced a welfare package for nearly 200 Covid-19 affected families in the states of Andhra Pradesh and Gujarat. Under its CSR platform “Hero We Care”, the company aims to…

28 Feb

Hero MotoCorp created new role of Chief Growth Officer

editor0 CommentsBusiness, IndiaHERO MOTOCORP

The world’s largest manufacturer of motorcycles and scooters Hero MotoCorp has created a new position, titled Chief Growth Officer, integrating the Marketing, Sales and After-Sales functions. Ranjivjit Singh – who has been heading Marketing - is being elevated to this newly constituted role of Chief Growth Officer, with immediate effect.Ranjivjit joined Hero MotoCorp in July 2021 and has contributed immensely towards enhancing the brand salience and customer affinity of Brand Hero. Naveen Chauhan, who has been heading the SAS function since April 1, 2020, has decided to move on and pursue opportunities outside of the Company. He will stay on…

28 Feb

Collaboration of Hero MotoCorp and BPCL

editor0 CommentsBusiness, IndiaBPCL, HERO MOTOCORP

The world’s largest manufacturer of motorcycles and scooters Hero MotoCorp and a ‘Maharatna’ and a Fortune Global 500 Company Bharat Petroleum Corporation Limited (BPCL) have collaborated to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country. The two mega entities will first establish a substantial charging infrastructure at the existing nationwide energy station network and subsequently may broaden the collaboration to develop more synergies within the EV ecosystem and adjacent business verticals, thereby enabling prospects throughout the customer life cycle. First the charging stations will be setup across nine cities starting with Delhi and Bengaluru. The entire…

15 Feb

HERO MOTOCORP REPORTS REVENUE OF Rs. 7,883 CRORE IN Q3’FY22

editor0 CommentsBusiness, IndiaHERO MOTOCORP

Hero MotoCorp, has reported its financial performance for the third quarter (October-December 2021) of the FY’ 2022. The company's Revenue from Operations for the quarter stood at Rs. 7,883 Crore. EBITDA margin for the third quarter was at 12.2%. Profit After Tax (PAT) for the quarter was at Rs. 686 Crore, and YTD PAT at Rs.1,846 Crore. The Consolidated PAT for the quarter was Rs. 704 Crore (YTD Rs. 1708 Crore). The company declared interim dividend of Rs. 60 per share amounting to 3000%. The company continues to progress on the launch of its Electric Vehicle, which will be produced…

22 Jan

HERO MOTOCORP COMMENCES ONLINE BOOKINGS FOR ‘XPULSE 200 4 VALVE’

editor0 CommentsBusinessHERO MOTOCORP

Hero MotoCorp, has announced the commencement of online bookings of its latest motorcycle XPulse 200 4Valve. The company has started accepting bookings for the second batch after the first lot was completely sold out. Priced at Rs. 130,150 (ex-showroom – Delhi), the motorcycle can be booked at company’s online sales platform – eSHOP for a seamless buying experience by making an advance payment of Rs. 10,000/-.The user-friendly system guides the customers through all the relevant steps of making a decision, buying the vehicle and taking delivery. The new XPulse 200 4 Valve is built on its DNA of high-tech adventure…