Shares of Hero MotoCorp tumbled 6.5 per cent from their 52-week high level of Rs 3,243, touched in the intra-day trade on Tuesday, after reports said the Enforcement Directorate (ED) raided the residence of Hero MotoCorp Chairman and Managing Director Pawan Munjal after taking cognisance of a Directorate of Revenue Intelligence (DRI) case. … Continue reading Hero Moto falls 7% from day’s high amid report of PMLA case against Munjal
Tag: PMLA
ED raids Hero MotoCorp Chairman Munjal’s residence; PMLA case registered
The Enforcement Directorate (ED) on Tuesday raided the residence of Hero MotoCorp Chairman and Managing Director Pawan Munjal after taking cognisance of a Directorate of Revenue Intelligence (DRI) case. According to a CNBC report, a case has been registered against Munjal under the Prevention of Money Laundering Act (PMLA), 2002. The DRI… Continue reading ED raids Hero MotoCorp Chairman Munjal’s residence; PMLA case registered