Ravi Sood

"We can expect some cut in lending rates but it won't be sharp,'' said Ravi Sood, CFO, Hero Honda. "Private financiers account for only 20-25 per cent of our business while 55-60 per cent comes from public sector banks.''"Despite the repo rate cut announced today, I can expect our growth to settle at only 7-9 per cent in the first quarter of the next year,'' Sood said.

Ravi Sood, vice-president, finance, of Hero Honda Motors, the country's largest motorcycle manufacturer, added: "The management of a company is comfortable with the partner who has been around for five years, and vice-versa.The partner knows the clients in and out and is the best judge about the company's performance.Also, since the relationship with the audit firm is time-bound, this will lead to further confusion."

Said Ravi Sood, vice-president (finance), Hero Honda Motors: "The management of a company is comfortable with the partner who has been around for five years, and vice-versa.

Ravi Sood, vice-president, finance, of Hero Honda (HROH.BO, news) Motors, the country's largest motorcycle manufacturer, added: "The management of a company is comfortable with the partner who has been around for five years, and vice-versa.

Ravi Sood - Vice President and Director

Our overall superannuation contribution is about Rs 4-5 crore per annum and a 30 per cent tax is not an area of concern for a company of our size," added Ravi Sood, director (finance), Hero Honda.