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Hero gets PLI nod Vida scooter model

Mint Bangalore

|

July 21, 2025

Hero MotoCorp Ltd, India's biggest two-wheeler maker by sales, has received approval for its electric scooter to be a part of the ₹25,938 crore production-linked incentive scheme for automobiles and auto parts (PLI-Auto), according to the scheme's portal.

- Manas Pimpalkhare

The approval from testing agencies came on 8 July for the VIDA V2 Pro model. This makes Hero MotoCorp the fourth electric two-wheeler maker in the PLI roster, after Ola Electric Mobility Ltd, TVS Motor Co. Ltd, and Bajaj Auto.

FLERE HISTORIER FRA Mint Bangalore

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LIC’s response to voting on RIL, Adani resolutions

A Mint story on Friday reported how Life Insurance Corp. of India Ltd, or LIC, had approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected similar proposals at other large companies.

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After a year’s pause, AT-I bonds return with Canara Bank

Canara Bank on Friday raised ₹3,500 crore from an additional tier-1 (AT-I) offer, according to three people aware of the matter.

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Inside Bengaluru's quiet recycling revolution

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4 mins

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Speciality chemical makers are betting big on pharma

The Street is gravitating toward speciality chemical manufacturers that supply contract development and manufacturing organizations (CDMO) and active pharmaceutical ingredient (API) makers, as uncertainty looms over the chemicals sector.

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The hero who made the movies larger

There are so many Dharmendras to love. Our tribute to the actor whose casual charm belied his larger-than-life aura

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Art Deco feels in Indian fashion

The 100-year-old style has inspired design worldwide. Why doesn't it have a big presence in Indian fashion?

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4 mins

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Indian IT slashes spending on US lobbying on H-1B visa blues

The Indian IT industry has been lowering its lobbying spends in the US in recent years, according to filings made to the US House of Representatives and accessed by Mint.

time to read

1 min

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Mint Bangalore

Fiscal deficit widens on higher capex, lower tax

India’s fiscal deficit for the April-October period rose on higher capital expenditure and lower net tax revenue.

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Recreating Dharmendra's timeless style

The late movie superstar was the definition of what it means to have a strong personal style

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November 29, 2025

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