India’s equity frenzy has attracted a global biggie which wants to ride on the high investor sentiment. Hyundai Motor India Ltd. (HMIL), the country’s second-largest car maker, is coming out with a Rs 25,000 crore IPO, which could be India’s biggest ever, in the next four to six months and will see the South Korean … Read more
Hyundai, which plans to raise Rs 25,000 crore through the Indian stock market by selling a 17% equity stake in local unit, has raised concerns about the “frequent changes” in government policy, stating that such moves can impact both investment flows into India and the speed of technological advancements. Having invested nearly Rs 30,000 crore … Read more
Hyundai Motor’s Indian business filed draft papers on Saturday for what could be one of India’s biggest initial public offerings (IPOs), which the South Korean automaker said was aimed at increasing its brand image and providing liquidity in the country. Here are some of India’s largest IPOs: * LIFE INSURANCE CORPORATION OF INDIA (LIC) State-owned … Read more
Hyundai Motor’s planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in one of the world’s fastest growing markets and tackle the so-called “Korea discount” that suppresses the value of its business back home. Hyundai, India’s second-biggest carmaker behind Maruti Suzuki with a 15% market share, has … Read more
Hyundai India launched its all-new Creta compact SUV on January 16, at a starting price of Rs 10,99,990. The new offering comes with three engine options — 1.5l Kappa Turbo GDi Petrol, 1.5l MPi Petrol and 1.5l U2 CRDi Diesel engine. It will have four transmission options including 6-speed Manual, IVT (Intelligent Variable Transmission), 7-speed … Read more
Hyundai India is set to expand its current portfolio in the country with the introduction of another magnificent Sports Utility Vehicle (SUV) on January 16, 2024. The South Korean automaker has already commenced bookings for the Creta 2024 version, which is expected to cost more than the current version. Interested customers can book the new … Read more
