Hero Cycle CMD
Hero Cycles Snaps Rs 900 Cr. Deal With China, Looks West To Germany

Aligned with the "Boycott Chinese Products" campaign, Hero Cycles' Chairman-Cum-Managing Director (CMD) Pankaj Munjal has decided to cancel all upcoming trade ties with China worth almost Rs 900 crore. Germany will be considered as a substitute of China's high end cycle production facility. The upcoming Cycle Valley in Ludhiana, will also be used by Hero to train smaller companies to manufacture high-end cycle parts, said Munjal. 

Sun, 05 Jul 2020 - 06:44 PM / by Taniya Bazaz

You May Like

Odisha Web Portal

Odisha Launches Web Portals To Provide Scholarships, Incentives

With an aim to improve transparency and digitalise the process of availing scholarships and incentives, the Odisha government on October 28 launched two new online portals. The 'Integrated Odisha State Scholarship Portal' is intended to help over… read-more

TAGS: Odisha, Odisha government, webportal, Scholarship

Air India Flight

Hong Kong Suspends Air India Flights From Mumbai Till Nov 10

Hong Kong, which shares an air bubble pact with India has accused Air India of carrying COVID positive passengers and has suspended its services till November 10. Reportedly, this was the fourth time the flights had carried COVID patients and was… read-more

TAGS: Covid-19, Hong Kong, Air India, Air Bubble

Monsoons

IMD Announces Withdrawal Of Monsoon; India Receives 7% Excess Rain In Oct

IMD has announced that India received 7% excess rainfall during October 1-28 and is now witnessing a withdrawal of the monsoon. Reportedly, the monsoon withdrawal that usually happens by… read-more

TAGS: India, Indian Monsoon, rainfall, IMD

Security Forces

Jammu & Kashmir: 3 BJP Workers Shot Dead By Terrorists In Kulgam District

In Jammu and Kashmir, three BJP Workers were killed on October 29 by unidentified terrorists in Qazigund area of Kulgam district. The BJP workers are identified as Fida Hussain Yatoo, Umer Rashid Beigh and Umer Ramzan Hajam. Police rushed them to… read-more

TAGS: Jammu and Kashmir, Terrorists, BJP, Shot

Former Madhya Pradesh BJP IT-Cell Anil Kumar Saumitra

IIMC Delhi Appoints Sacked Madhya Pradesh BJP IT Cell Head As Professor

Indian Institute of Mass Communication, New Delhi appointed a former BJP IT-Cell Head Anil Kumar Saumitra, who was sacked by the party over contentious remark on Mahatma Gandhi, as professor. In May 2019, Saumitra's Facebook post read, "He [… read-more

TAGS: IIMC, Mass Communication, Anil Kumar Saumitra, BJP, Madhya Pradesh, BJP IT Cell, Sanjay Dwivedi

Sweet Shop

West Bengal: Sweet Shop Owners Oppose FSSAI's Orders To Add Manufacturing Date Tags

Sweetshop owners of West Bengal have opposed the Food Safety and Standards Authority of India's (FSSAI) directives to give 'best-before' date to non-packed sweets from October 1. The directive has been termed as “illogical” under the state… read-more

TAGS: Expired food, West Bengal, FSSAI, Food blogs