Hero Group says Honda stake sell report incorrect

Newswire

NEW DELHI, Aug 31 (Reuters) - India's Hero Group said on Tuesday a television report that Japan's Honda Motors was selling its stake in motorcycle joint venture Hero Honda was incorrect. "The news report is incorrect and speculative," the group said in a statement. "We have already conveyed earlier that the Hero Group and Honda Motor have for years enjoyed a very cordial and fruitful relations ... and there has been no change in the relationship in any manner," it added. Shares in Hero ...

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