Key Points
BENGALURU, June 30 (Reuters) - Indian two-wheeler maker Hero MotoCorp (HROM.NS) on Friday said it would increase prices of specific models of motorcycles and scooters by around 1.5% from July 3, as it combats price positioning, input costs and business imperatives...
Hero previously hiked prices on its select models of motorcycles and scooters by 2% in March, as it grappled with increased costs to meet new emission norms, which came into effect in the following month...
The announcement comes two weeks after India's Ministry of Corporate Affairs ordered an investigation to assess Hero's relationship with a third-party vendor in a case related to alleged diversion of funds, according to a Reuters report...
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