"The new branding comes after Hero Electric -- a separate company headed by a nephew of Hero MotoCorp's Chairman Pawan Munjal -- sought court intervention to stop the bigger rival from using the namesake brand for its upcoming electric vehicles, according to local media. "
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"LIC noted on a remuneration proposal involving Hero MotoCorp Ltd.'s Pawan Munjal that the pay was disproportionate when compared to other employees. "
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"The Indian market today is very nascent as far as electric goes," Hero Chairman and Chief Executive Officer Pawan Munjal said in an interview with Bloomberg on Wednesday. "
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"India's Hero MotoCorp Ltd., the world's biggest maker of motorcycles and scooters by volume, also thinks electric "is the way forward," Chairman Pawan Munjal said in a separate interview with Bloomberg TV on Monday. "
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"We have travelled from 50 million units to 100 million units in mere seven years...the milestone is a symbol of our perseverance and fruition of our dreams," Hero MotoCorp Chairman and CEO Pawan Munjal said while virtually addressing a global audience."
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