Hero Cycles co-founder S Munjal passes away
Satyanand Munjal, co-founder of Hero Cycles Corp, passed away on Thursday aged 99 at his residence in Ludhiana, Punjab. Hero Cycles was set up in 1956 in Ludhiana by four Munjal brothers of which Satyanand was the eldest. Munjal was also known for his philanthropic acts including setting up of Hero DMC Heart Institute and Dayanand Medical College and Hospital.