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India’s Hero MotoCorp names Harshavardhan Chitale as new CEO
Hero MotoCorp, India’s largest two-wheeler maker, has named Harshavardhan Chitale, who heads Dutch lighting maker Signify’s professional business, as CEO effective Jan. 5, 2026. Chitale will replace Vikram Kasbekar, who was named acting CEO after Niranjan Gupta resigned earlier this year. Kasbekar will continue as Chief Technology Officer, Hero said on Monday. Chitale’s appointment will accelerate the ‘Splendor’ motorcycle maker’s push into electric and emerging mobility, Chairman Pawan Munjal said in a press release. Max Healthcare, IndiGo parent to enter India’s Nifty 50 index after rejig, NSE says Chitale previously led Philips Lighting India through its spin-off into a standalone company. He has also held senior roles at HCL Infosystems and Honeywell Automation India. Hero MotoCorp shares were trading flat after the news.
cityfalcon.com·9d ago
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Trading Radar For August 25: Yes Bank, Reliance Group, IDBI Bank, Titagarh Rail And Akums Drugs Shares On Investors’ Watchlist
InterGlobe Aviation and Max Healthcare Institute to replace Hero MotoCorp and IndusInd Bank in the Nifty 50 index, effective Sept. 30
Stocktwits·23d ago
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Stocks to Watch: Interglobe Aviation, Max Healthcare, IndusInd Bank, Hero MotoCorp, Mazagon Dock and more
Interglobe Aviation and Max Healthcare | India's largest airline … and the healthcare services provider will both be …
cityfalcon.com·23d ago
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Hospital sector positioned for double-digit growth; Apollo Hospitals, Max Healthcare top picks
India’s hospital sector shows strong momentum, with double-digit revenue and EBITDA growth supported by demand, bed expansions, and operational efficiencies. Despite margin pressures from new hospitals and slightly lower occupancy, capacity additions and rising healthcare demand position Apollo Hospitals and Max Healthcare for sustained profitability and attractive medium-term growth.
cityfalcon.com·24d ago
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Max Healthcare, IndiGo parent to enter India's Nifty 50 index after rejig, NSE says
IndusInd Bank and Hero MotoCorp will be removed from the index as part of the NSE's semi-annual rebalancing, the exchange said. NSE's semi-annual index reshuffle is based on stocks' average free-float market capitalization over six-month periods ending January 31 and July 31, with the changes implemented in March and September, respectively. Changes to the Nifty 50 usually lead to reshuffling of exchange traded funds linked to the benchmark index, which could result in several million dollars worth of inflows and outflows for the stocks that are rejigged.
cityfalcon.com·25d ago
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Nifty 50 index to include Max Healthcare, InterGlobe Aviation after rejig
India's National Stock Exchange (NSE) said on Friday it will add hospital-chain operator Max Healthcare and Indigo-parent InterGlobe Aviation to its benchmark Nifty 50 index effective September 30.
cityfalcon.com·25d ago

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