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Court Quashes Summons To Hero MotoCorp Chairman In Foreign Currency Case
The Delhi High Court on Wednesday quashed a summons issued to Hero Motocorp chairman Pawan Kant Munjal in a case registered by the Directorate of Revenue Intelligence (DRI) relating to foreign currency.
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Relief For Hero MotoCorp Chairman In Money Laundering Case, Court Stays Proceedings
The Delhi High Court on Friday stayed the proceedings against Hero Motocorp chairman Pawan Kant Munjal in a money laundering case being probed by the Enforcement Directorate (ED).
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Hero MotoCorp's Pawan Munjal Spent Others' Forex On His Trips: Probe Agency
The Enforcement Directorate on Friday alleged that Hero MotoCorp executive chairperson Pawan Kant Munjal used foreign currency issued in the name of others for his personal expenditure abroad to "override" RBI rules.
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Hero MotoCorp's Pawan Munjal's Properties Worth Rs 24.95 Crore Seized
The Enforcement Directorate on Friday said it has attached assets worth Rs 24.95 crore of Hero MotoCorp executive chairperson Pawan Kant Munjal as part of a money laundering investigation against him.
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Rs 25 Crore Worth Of Cash, Jewellery Seized In Raids On Hero MotoCorp's Pawan Munjal
While the automobile company did not offer an immediate comment, it had said on Tuesday that they were "extending all cooperation" to the ED.
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Hero MotorCorp Chairman Pawan Munjal's House Raided By Probe Agency
The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson Pawan Munjal and others as part of a money laundering investigation, official sources said.
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More Than Rs. 800 Crore Siphoned Off By Auto Manufacturer; I-T Dept. Alludes To Hero MotoCorp In Press Release
While the I-T department did not directly name Hero MotoCorp, news reports claim sources within the agency that the release alludes to India's largest two-wheeler maker.
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Hero MotoCorp Made Bogus Expenses Of Over Rs. 1,000 Crore, Alleges IT Department
Reports indicate that the Income Tax Department has discovered evidence of bogus expenses of more than Rs. 1,000 crore and cash transactions of over Rs. 100 crore by Hero MotoCorp.
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"Routine Affair": Hero MotoCorp On Tax Raids At Offices, Chairman's Home
Hero MotoCorp, which was raided today over allegations of tax evasion, has denied any wrongdoings and termed the searches as "routine inquiry, not uncommon before the end of the financial year".
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Not Raid But "Routine Inquiry," Hero MotoCorp Clarifies Income Tax Department Visits
In its statement, Hero said that the I-T department visit was part of a "routine inquiry" and isn't uncommon before the end of the financial year.
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Income Tax Department Conducts Raids At Hero MotoCorp Chairman Pawan Munjal's Office And Residence
The Income Tax Department has conducted raids on Dr Pawan Munjal's residence and office in Delhi and Gurgaon respectively. More details to follow.
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Hero MotoCorp Raided, So Is Home Of Chairman Pawan Munjal
Properties and offices linked to Hero MotoCorp Chairman Pawan Munjal and other top executives of the company were raided today by the Income Tax Department over allegations of tax evasion.
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Hero MotoCorp Announces New EV Brand 'Vida'
The first electric vehicle under the Vida brand will be launched on July 1, 2022, and despatches to customers will begin later in 2022.
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Hero MotoCorp Announces New Investment Of Rs. 420 Crore In Ather Energy
Hero MotoCorp's new investment of Rs. 420 crore in Ather Energy will further increase its shareholding in the Bengaluru-based start-up.
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Hero MotoCorp Teases Upcoming Electric Scooter At Its Tenth Anniversary Celebrations
Dr Pawan Munjal, chairman, managing director and CEO, Hero MotoCorp teased the upcoming electric scooter at the livestream of company's tenth anniversary celebrations.
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Court Quashes Summons To Hero MotoCorp Chairman In Foreign Currency Case
The Delhi High Court on Wednesday quashed a summons issued to Hero Motocorp chairman Pawan Kant Munjal in a case registered by the Directorate of Revenue Intelligence (DRI) relating to foreign currency.
-
Relief For Hero MotoCorp Chairman In Money Laundering Case, Court Stays Proceedings
The Delhi High Court on Friday stayed the proceedings against Hero Motocorp chairman Pawan Kant Munjal in a money laundering case being probed by the Enforcement Directorate (ED).
-
Hero MotoCorp's Pawan Munjal Spent Others' Forex On His Trips: Probe Agency
The Enforcement Directorate on Friday alleged that Hero MotoCorp executive chairperson Pawan Kant Munjal used foreign currency issued in the name of others for his personal expenditure abroad to "override" RBI rules.
-
Hero MotoCorp's Pawan Munjal's Properties Worth Rs 24.95 Crore Seized
The Enforcement Directorate on Friday said it has attached assets worth Rs 24.95 crore of Hero MotoCorp executive chairperson Pawan Kant Munjal as part of a money laundering investigation against him.
-
Rs 25 Crore Worth Of Cash, Jewellery Seized In Raids On Hero MotoCorp's Pawan Munjal
While the automobile company did not offer an immediate comment, it had said on Tuesday that they were "extending all cooperation" to the ED.
-
Hero MotorCorp Chairman Pawan Munjal's House Raided By Probe Agency
The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson Pawan Munjal and others as part of a money laundering investigation, official sources said.
-
More Than Rs. 800 Crore Siphoned Off By Auto Manufacturer; I-T Dept. Alludes To Hero MotoCorp In Press Release
While the I-T department did not directly name Hero MotoCorp, news reports claim sources within the agency that the release alludes to India's largest two-wheeler maker.
-
Hero MotoCorp Made Bogus Expenses Of Over Rs. 1,000 Crore, Alleges IT Department
Reports indicate that the Income Tax Department has discovered evidence of bogus expenses of more than Rs. 1,000 crore and cash transactions of over Rs. 100 crore by Hero MotoCorp.
-
"Routine Affair": Hero MotoCorp On Tax Raids At Offices, Chairman's Home
Hero MotoCorp, which was raided today over allegations of tax evasion, has denied any wrongdoings and termed the searches as "routine inquiry, not uncommon before the end of the financial year".
-
Not Raid But "Routine Inquiry," Hero MotoCorp Clarifies Income Tax Department Visits
In its statement, Hero said that the I-T department visit was part of a "routine inquiry" and isn't uncommon before the end of the financial year.
-
Income Tax Department Conducts Raids At Hero MotoCorp Chairman Pawan Munjal's Office And Residence
The Income Tax Department has conducted raids on Dr Pawan Munjal's residence and office in Delhi and Gurgaon respectively. More details to follow.
-
Hero MotoCorp Raided, So Is Home Of Chairman Pawan Munjal
Properties and offices linked to Hero MotoCorp Chairman Pawan Munjal and other top executives of the company were raided today by the Income Tax Department over allegations of tax evasion.
-
Hero MotoCorp Announces New EV Brand 'Vida'
The first electric vehicle under the Vida brand will be launched on July 1, 2022, and despatches to customers will begin later in 2022.
-
Hero MotoCorp Announces New Investment Of Rs. 420 Crore In Ather Energy
Hero MotoCorp's new investment of Rs. 420 crore in Ather Energy will further increase its shareholding in the Bengaluru-based start-up.
-
Hero MotoCorp Teases Upcoming Electric Scooter At Its Tenth Anniversary Celebrations
Dr Pawan Munjal, chairman, managing director and CEO, Hero MotoCorp teased the upcoming electric scooter at the livestream of company's tenth anniversary celebrations.
