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Hero dispatches 5.08 lakh motorcycles and scooters in May 2025

Hero dispatches 5.08 lakh motorcycles and scooters in May 2025

India Today5 days ago

Hero MotoCorp reported dispatches of 508,000 units in May 2025, reflecting both sequential and year-on-year growth. The company achieved 500,000 Vahan registrations (excluding Telangana).The company's retail market share grew, driven by positive responses to new products in both the motorcycle (475,164 units) and scooter (32,537 units) categories. Hero MotoCorp's electric vehicle brand, VIDA, saw significant traction with 8,361 units dispatched and 7,161 Vahan registrations for the VIDA V2 range, securing a 7.2% market share in the electric segment. VIDA is poised for further growth with a new product launch scheduled for July 1, 2025.advertisement
Globally, Hero MotoCorp maintained robust momentum, particularly in Bangladesh and Colombia, with exports holding steady at 18,704 units. The company also expanded its premium retail network, Premia, to over 100 locations across India, strengthening its presence in the premium segment.In marketing, VIDA's 'Charging Simple Hai' campaign, launched during the IPL season, highlighted the convenience of its removable battery technology, which allows charging from any standard 5-amp socket. On the motorsport front, Hero MotoSports Team Rally added Austrian rider Tobias Ebster to its roster. The team performed strongly at the South African Safari Rally, with Ignacio Cornejo finishing 6th and FIM world champion Ross Branch securing 11th despite a fall.Subscribe to Auto Today Magazine

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The Rise And Fall Of Vijay Mallya: Know All About His Business Empire, Legal Tussle, Net Worth & More
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India.com

timean hour ago

  • India.com

The Rise And Fall Of Vijay Mallya: Know All About His Business Empire, Legal Tussle, Net Worth & More

photoDetails english 2912282 Vijay Mallya, once a celebrated businessman, rose to fame with ventures in liquor, aviation, and sports. Over the years, his journey took a dramatic turn, leading to legal challenges and public scrutiny. Updated:Jun 07, 2025, 10:14 AM IST How It All Began 1 / 9 Vijay Mallya took over as chairman of United Breweries Group at just 28. Soon, he became known as the 'King of Good Times,' expanding his empire across aviation, beverages, and real estate. His Peak Wealth 2 / 9 In 2013, Forbes estimated Mallya's net worth at around 750 million dollars (Rs 6,422 crore). His flashy lifestyle made headlines, from private jets to luxury yachts. Kingfisher Airlines Takes Flight 3 / 9 Mallya launched Kingfisher Airlines in 2005 with top-class service. But global financial troubles hit hard, and the airline started to struggle. The Fall Begins 4 / 9 In 2016, Mallya left India after defaulting on loans worth over Rs 9,000 crore. In 2017, the Supreme Court declared him guilty in a case linked to Kingfisher's downfall. Net Worth in 2022 5 / 9 According to The Independent UK, Mallya's estimated net worth in July 2022 was around 1.2 billion dollars (Rs 10,297 crore), despite ongoing legal issues. His IPL Dream 6 / 9 He bought the Royal Challengers Bangalore team for Rs 476 crore in 2008, making it one of the costliest IPL teams. It was backed by United Spirits, owned by Mallya at the time. Legal Battles Heat Up 7 / 9 Mallya was accused of sending 40 million dollars (Rs 343 crore) to his children. In a 2017 contempt case, he was sentenced to four months in jail and fined just Rs 2,000 (£21). His Lavish Properties 8 / 9 As per India Today, Mallya owns a $2.4 million penthouse and three condos in Trump Plaza, New York—two with his daughter. He also owns a luxurious estate near Cannes, France. What Mallya Says Now 9 / 9 Speaking to Raj Shamani, Mallya said: 'You may call me a fugitive… but where is the 'chor' (thief)? Where is the 'chori' (theft)?' He claims he left India on a scheduled trip and didn't flee.

Govt may offer up to 45% waiver to clear 31L unpaid traffic e-challans
Govt may offer up to 45% waiver to clear 31L unpaid traffic e-challans

Time of India

time7 hours ago

  • Time of India

Govt may offer up to 45% waiver to clear 31L unpaid traffic e-challans

1 2 3 Bhubaneswar: State govt intends to launch an amnesty programme, offering up to 45% waiver for resolving more than 31 lakh outstanding traffic violation e-challans, valued at over Rs 1,265 crore. Accumulation of the outstanding Rs 1,265 crore from 2020 to 2024 occurred due to unpaid challan penalties for various offences, spanning from Rs 1,000 for helmet/seat belt violations to Rs 20,000 for overloading cases. Transport department statistics revealed that out of 5,996,399 e-challans worth Rs 2,398 crore issued during the period, 3,128,852 challans amounting to Rs 1,265 crore remain unpaid. "We have submitted a proposal to the govt requesting approval for a one-time settlement scheme to address the increasing number of challans. Several commercial vehicles have outstanding fines between Rs 5 lakh and Rs 10 lakh, attributed to frequent passages through state toll gates where e-detection systems were implemented in Feb this year," a transport official said. The system validates vehicle details on the Vahan portal for regulatory compliance, including insurance and other tax status, automatically generating e-challans for violations. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Chiropractor's Secret: This Quick Move Could Ease Sciatica in Seconds! CoreVitality Undo Vehicles without insurance passing through toll gates multiple times weekly or monthly receive numerous challans, resulting in substantial accumulated penalties, which owners frequently avoid paying. "The govt will soon take a call the exact percentage of the reduction offer. It may be more or less than 45%," the officer said. Section 136A of the Central Motor Vehicles Act mandates the use of advanced technology, including speed and CCTV cameras, speed guns, body cameras and automatic number plate recognition systems, for enhanced traffic management and law enforcement. Multiple factors contributed to delayed fine payments, including late notification of challans, erroneous challans and insufficient enforcement measures for non-compliance. Present regulations prohibit the resale of vehicles with pending challans. "We have also proposed blocking all vehicle-related transactions, including tax payments, for those with outstanding e-challans. Plans also include driving licence (DL) suspension for offenders," the officer said. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !

IPL 2025: Restaurants see strong delivery growth driven by cricket fever
IPL 2025: Restaurants see strong delivery growth driven by cricket fever

Mint

time17 hours ago

  • Mint

IPL 2025: Restaurants see strong delivery growth driven by cricket fever

New Delhi: The just-ended 18th season of the Indian Premier League (IPL) continued to drive growth for restaurants, especially those doing deliveries. The eateries business grew by up to 20% as late evening matches kept the order tap flowing. With record viewership annually, the boom was in line with growth seen during previous editions. The importance of IPL has only grown for restaurant chains, especially as they have struggled with tepid demand in the December quarter and the early part of the March quarter. Also read: United Spirits is on a high after RCB's IPL win, JP Morgan upgrade and UK FTA. Can it keep buzzing? The Twenty20 cricket tourney began on 22 March and ended on 3 June. Jasper Reid, entrepreneur and founder of International Market Management Ltd (IMM), a London-based firm that brings international consumer brands to India and operates Jamie's Italian and Jamie's Pizzeria in the country, said IPL continues to be a valuable part of their delivery marketing playbook. 'We prioritize IPL in our delivery marketing calendar because it has a proven track record of driving orders. In April, delivery was up 39% and dine-in rose 6%. In May, delivery growth slowed to 5%, while dine-in increased by 30%, partly because of the India-Pakistan situation which led to the IPL being paused briefly. For us, the key challenge is to maintain and improve margins even as we compete for customer attention during such high-traffic periods," he said. 'IPL continues to be a strong growth period for us, with this year's season delivering a 7–10% uptick in overall business. Interestingly, 60–70% of this growth has been driven by dinner orders, underlining how match timings align perfectly with peak delivery hours. Our top 10 cities are leading the charge, contributing to 60% of the growth of our total business," said Aayush Madhusudan Agrawal, Founder and Director, Lenexis Foodwork. Also read: Piyush Chawla, IPL third highest wicket taker, announces retirement from all forms of cricket "We've also seen a surge in new customer acquisitions across both dine-in and delivery formats during the tournament and our focus now shifts to retaining this expanded base. Notably, three of the four weeks in May were our best-performing weeks in terms of business, making this IPL season one of the most impactful for us so far." The company operates over 235 restaurant outlets and over 200 cloud kitchens; it operates a portfolio of distinct brands—Chinese Wok, The Momo Co. and Big Bowl. Rising viewership As per JioStar, the official broadcaster of the IPL, the reach of both TV and digital crossed 450 million each by the time the tournament was suspended on 9 May following the conflict between India-Pakistan. It resumed on 17 May. Restaurant booking platform EazyDiner Private Ltd reported a 35% increase year-on-year in dine-in bookings across cities like Bengaluru, Mumbai, Hyderabad and Pune where the matches were being screened live, according to Sachin Pabreja, its co-founder. Some restaurants claimed a significant surge in late-night orders during the season. Wow! Momo experienced a 12-14% increase in IPL-driven orders, primarily through deliveries, with late-night deliveries seeing a particular surge. 'IPL basically precedes a lean period for us, i.e., the period between February and March isn't a high demand generating period for the industry. In that sense, IPL is a big consumption booster. However, this year, the conflict between India-Pakistan also dampened sales for a few days, but it picked up later. IPL is a self-sustaining event now with companies not ramping up marketing spends significantly. It's a ready-made occasion since people tune in to watch matches almost daily. So it's organic growth for us," said Sagar Daryani, chief executive officer (CEO) and founder, Wow Momo! Also read: Vijay Mallya reveals why he picked Virat Kohli for RCB: 'My instinct told me he was special…' Food ordering platforms Zomato and Swiggy did not comment on their IPL stats for the season. Meanwhile, bars and cafes said IPL had less impact on sales, with people opting to view matches at home—the trend that helped fuel demand for online orders. "Our dining business did not grow so much because we don't screen matches but we saw a good spike in our delivery business, that's really helped us grow during this time," said Amit Bagga, co-founder of food chain, Daryaganj, which saw a 9% jump in the delivery business during the IPL.

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