- 2 wheeler manufacturer Hero Motor Corporation has announced Voluntary Retirement Scheme for all its staff members
- VRS offers a package that includes - one time lumpsum amount, variable pay, gifts, medical coverage, retention of company car, relocation assistance, career support etc
- The Company said the move is to keep the Corporation agile and future ready
- Hero Motors said the demand is improving and it expects double digit growth
- In March Hero Motor Corp sold 519,342 units recording double digit growth of 15%. However its exports fell by 51.69% to 16,612 units
- Earlier This Month, due to rise in costs Hero Mortor Corp revised prices of few of its vehicles
- In Stock Market, Hero Corp almost ended flat in the share price
For more updates one can read Economic Times, Business Today, CNBC News 18 and other news media
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