Hero MotoCorp to pump in Rs 700 cr in Hero FinCorp Ltd

26 Jan 2022 CW Team

On Monday, the nation's biggest two-wheeler maker, Hero MotoCorp, told the media that its board has permitted to pump in Rs 700 crore in Hero FinCorp Ltd (HFCL).

The investment is subject to the implementation of definitive documents and completion of specific conditions customary to dealing of this nature, the two-wheeler giant said in a regulatory filing.

A non-banking financial firm, HFCL mainly deals in financing retail and corporate customers through products comprising term loans, two-wheeler financing, bill discounting, working capital loans, loans against property, leasing, etc.

HFCL is in the process of raising Rs 2,000 crore via private placement for its business objectives. Hero MotoCorp's investment of Rs 700 crore is towards participation in this capital raise round, it said. Before the planned investment, Hero MotoCorp's shareholding in HFCL is at 41.2%. The exact shareholding of Hero MotoCorp in HFCL post the investment will be decided upon completion of capital raise round by HFCL, as per the company.

Image Source

Also read: Tata Motors expects growth momentum to continue in 2022

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..