{"id":426937,"date":"2021-07-22T10:37:01","date_gmt":"2021-07-22T05:07:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=426937"},"modified":"2021-07-22T12:39:36","modified_gmt":"2021-07-22T07:09:36","slug":"pawan-munjal-cant-use-hero-tag-for-evs-setback-for-new-venture","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pawan-munjal-cant-use-hero-tag-for-evs-setback-for-new-venture\/","title":{"rendered":"Pawan Munjal can\u2019t use \u2018Hero\u2019 tag for EVs, setback for new venture"},"content":{"rendered":"<p>In a setback for the Pawan Munjal-run Hero MotoCorp NSE -0.73 %, a 2010 family settlement bars the company and its promoter from using the popular \u2018Hero\u2019 brand name for any type of electric vehicle \u2014 two-, three- and four-wheeler \u2014 as the global rights for the green technology have been allotted to his family member and nephew Naveen Munjal\u2019s Hero Electric. <\/p>\n<p>Any violation here \u201cwill lead to legal action\u201d, Naveen told TOI, making it clear that \u201conly my family has the right to use the Hero brand for green vehicles\u201d, even though there is no non-compete\/prohibition on other clan members who can enter the category but with a different branding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a setback for the Pawan Munjal-run Hero MotoCorp NSE -0.73 %, a 2010 family settlement bars the company and its promoter from using the popular \u2018Hero\u2019 brand name for any type of electric vehicle \u2014 two-, three- and four-wheeler \u2014 as the global rights for the green technology have been allotted to his family member and nephew Naveen Munjal\u2019s Hero Electric. Any violation here \u201cwill lead to legal action\u201d, Naveen told TOI, making it clear that \u201conly my family has the right to use the Hero brand for green vehicles\u201d, even though there is no non-compete\/prohibition on other clan [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-426937","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=426937"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426937\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=426937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=426937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=426937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}