Archive for October, 2010

28/10/2010

Sources add that Honda may hike royalty by Rs 50-100 per unit. Currently Hero Honda pays around Rs 500 crore per year as royalty fees which is around 2.2-3% of total sales. Post the new agreement, Honda is likely to get an additional amount of Rs 70-100 crore till 2014. However, sources say that the new royalty may impose stringent norms on Hero Honda Motors.

Hero Honda’s stake sale in final lap, royalty hike for Hero – CNBC-TV18 –

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