Niranjan Gupta, CEO, Hero MotoCorp, says: “We are focusing on brands, models, portfolios, focusing on stores, premia stores, a lot of action at our end. Effectively, given the strong platform that we have, it is about changing gears and moving with speed, powered by the four S – speed, scale, synergy and simplification.”I must say … Read more
Total 877 foreign companies have ceased their ‘place of business’ in India between 2014 to November 2021. The Ministry of Corporate Affairs in a written reply in Rajya Sabha on Tuesday said that Ford and Harley Davidson have not closed their place of business in India. “Information about ‘ceasing of operations’ is not maintained by … Read more
CHICAGO: Harley-Davidson Inc on Thursday said it will lay off 500 employees this year as part of new Chief Executive Jochen Zeitz’s efforts to revive the struggling motorcycle maker. As part of the overhaul, Chief Financial Officer John Olin will leave the company effective immediately. Darrell Thomas, treasurer, will become interim chief financial officer, it … Read more