hyundai motor ipo

Block trades led by global firms reach record $15 billion

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Block trades led by global firms reach record billion

International companies are seizing on the strength of India’s stock market to offload stakes in local subsidiaries to investors wanting to get in on the action. About $15 billion has been raised in secondary sales or block trades in India this year, a more than 150% surge from the same period in 2023, data compiled … Read more

Hyundai IPO: A chaebol looks at India to break out of a Korean trap

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Hyundai IPO: A chaebol looks at India to break out of a Korean trap

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