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Rail 24 News
Investments

Hero MotoCorp's EV investing strategy meets its first setback

News ·

The two-wheeler maker has marked down the value of its Zero Motorcycles investment by 92% even as its technology partnership continues, highlighting the contrasting fortunes of its electric vehicle startup bets.

What this means

This story is part of Rail 24's ongoing investments coverage. We summarise reporting from News so you can quickly scan what changed and why it matters for travellers, commuters and the wider Indian transport sector, then read the full original article at the source. Rail 24 aggregates trusted investments sources and refreshes them continuously so you always see the latest developments in one place.

This investments update was reported by News on and curated by Rail 24. For the complete report, visit the original source below.

Read the full story at News

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Rail 24 tracks investments shaping india's railways, airlines, infrastructure and tourism — and global transport sector deals. Browse the latest Investments headlines or jump to all news categories.

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Instant Train Fare & Refund Calculator

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> 48 hours 12 - 48 hours 4 - 12 hours < 4 hours Departed
More than 48 hours remaining before scheduled departure.
Refund Amount
₹530
Will be credited to your account
Cancellation Deduction
₹120
Flat charges for class

Calculation Breakdown

Original Fare Paid: ₹650
Deduction Applied: - ₹120
Estimated Refund: ₹530
IRCTC Rule Applied:

For confirmed tickets cancelled more than 48 hours before scheduled train departure, a flat cancellation fee is deducted depending on the travel class.

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