Hero Honda Motors gets approval to change its name

Hero Honda Motors Ltd has reportedly got shareholders'approval to change its corporate name to Hero MotoCorp Ltd.  

The approval will now be forwarded to the Registrar ofCompanies for final changes. The Hero Group , for its part, hopes to explorenew products and export opportunities now it has been released from a ban onexporting to markets where Honda has a presence, reports stated.

  

The group has set aside Rs. 1bn for a new brand identity,which includes a new name, logo and positioning, added reports.


[Source:indiainfoline.com]