Search result for 'hero electric'

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Hero Electric after admitting a plea by Metro Tyres over unpaid dues of Rs 1.85 crore.

The SFIO has conducted searches at Hero Electric, Benling, and Okinawa for allegedly fraudulently claiming Rs 297 crore in subsidies under the FAME II scheme.

Hero Electric, Okinawa, and Benling India could be blacklisted from all government schemes for failing to return benefits wrongly claimed under the FAME-II scheme.