Hero MotorCorp cuts prices over GST, reports 14% sales growth in June

Hero MotoCorp, the world’s largest two-wheeler manufacturer, reported strong June auto sales and said it cut prices for its scooters and motorcycles in most states of India. “The quantum of reduction ranges from Rs 400 to Rs 1800 on mass-selling models.” it said. The actual benefit varies from state to state, depending on the pre […]

Finance Ministry holds talks with industry over GST rollout

Department of Revenue and Central Board of Excise and Customs (CBEC) have started holding interactive sessions with industry representatives to understand and address the apprehensions and concerns of the various stakeholders about GST and also provide a platform for business to express their views on important aspects of the new system.   The three-day consultations started yesterday. […]