Hero MotoCorp
In a recent interaction with reporters at the Karnataka State Secretariat, Chief Minister Siddaramaiah said that Hero MotoCorp opted for Andhra Pradesh instead of Karnataka for its planned Rs 1,115-crore investment because the company was apparently enticed by the ‘free land’ incentive offered by Andhra Pradesh. Siddaramaiah – who is also the Industry and Commerce [...] Continue Reading »
Hero MotoCorp approached the board of revenue in Uttarakhand to seek relief against a penalty of Rs 111 crore on alleged stamp duty evasion. This was pertaining to the lease deed of its Haridwar manufacturing plant. However the unfortunate news for Hero is that the Chief Minister Harish Rawat has ruled out any relaxation in the fine. He defended the decision [...] Continue Reading »
