HeroMoto news: Delhi HC stays DRI proceedings against Hero Group chairman Pawan Munjal

HeroMoto news: Delhi HC stays DRI proceedings against Hero Group chairman Pawan Munjal

The Delhi High Court has stayed the proceedings relating to foreign currency registered against Hero Motocorp Chairman Pawan Kant Munjal by the Directorate of Revenue Intelligence (DRI). The high court, in an interim order of November 3, noted that Munjal has been exonerated by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) on the … Read more

Pawan Munjal pay cut: Hero Moto’s Pawan Munjal to take a pay cut of 20%

Pawan Munjal pay cut: Hero Moto’s Pawan Munjal to take a pay cut of 20%

Auto major Hero MotoCorp’s board on Wednesday agreed to reduce its Chairman Pawan Munjal’s fixed salary by 20 per cent, the company said in a stock exchange filing. Munjal earlier in 2023 agreed to separate the roles of the Chairman & CEO and appoint a CEO for the tw0-wheeler maker. As per Hero MotoCorp’s latest … Read more