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Harshavardhan Chitale appointed as the CEO of Hero MotoCorp

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NEW DELHI: Hero MotoCorp has handed the throttle to Harshavardhan Chitale, appointing him chief executive officer in a leadership shift aimed at sharpening strategy and accelerating growth at the world’s biggest two-wheeler manufacturer.

Chitale takes charge at a pivotal moment, with the company balancing its dominant domestic position against intensifying global competition and rapid shifts in mobility, technology and consumer demand. As chief executive officer, he will steer overall strategy, push expansion and strengthen Hero MotoCorp’s presence at home and abroad.

Before joining Hero MotoCorp, Chitale was chief executive officer – professional business at Signify, where he ran the group’s global professional lighting arm, a business generating close to €4bn in annual revenues. He also served on the board of management of Signify N.V., giving him boardroom experience at the highest international level.

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His career spans senior leadership roles at HCL Enterprise, Honeywell and the Tata Administrative Services, blending deep exposure to technology, manufacturing and global operations.

For Hero MotoCorp, the appointment signals intent: sharper execution, bigger ambition and a renewed push to stay ahead in a fast-changing two-wheeler race. The road ahead is demanding — and chitale has been brought in to ride it hard.
 

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TCS proposes Rs 31 dividend as Q4 results reflect steady profit growth

Tech giant recommends final payout following a year of steady growth and expansion

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MUMBAI: Tata Consultancy Services Limited has signalled its confidence in the digital future by recommending a final dividend of Rs 31 per share. The payout, which remains subject to shareholder approval at the upcoming annual general meeting, caps off a year of significant activity for the global IT services leader.

The company reported a consolidated revenue from operations of Rs 267,021 crore for the year ended 31 March 2026, representing a steady increase from the Rs 255,324 crore recorded in the previous financial year. Net profit for the period also saw an uptick, reaching Rs 49,454 crore compared to Rs 48,797 crore twelve months prior. 

Growth was visible across several key sectors, with banking, financial services, and insurance remaining the company’s largest revenue generator, contributing Rs 103,363 crore to the annual total. Despite the positive trajectory, the firm navigated some financial headwinds, including a one-off provision of Rs 1,010 crore related to a legal claim and Rs 1,388 crore in restructuring expenses.

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The year was also defined by a flurry of international expansion. The group successfully integrated several new entities, including the acquisition of Coastal Cloud Holdings, LLC in January 2026 and the incorporation of new subsidiaries in Morocco and Saudi Arabia.

With its global footprint expanding and a healthy dividend on the horizon, the firm appears well-positioned to maintain its momentum in the competitive tech landscape. 

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