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http://economictimes.indiatimes.com/markets/stocks/news/bain-capital-selling-hero-motocorp-shares-worth-up-to-116-million-ifr/articleshow/49917168.cms

US private equity firm Bain Capital is selling shares in Hero MotoCorpBSE 0.32 % Ltd, the world's largest seller of motorcycles and scooters, to raise as much as $116 million, IFR reported, citing a person close to the deal. 

Bain launched the deal to sell 2.98 million Hero shares late on Tuesday in the indicative price band of between 2,570 rupees and 2,600 rupees each, IFR, a Thomson Reuters publication, said. 

A spokesman for Hero, which sells about one in every two motorbik .. 


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