Hyundai flags concerns with ‘changes’ by Indian govt ahead of planned Rs 25,000 crore IPO

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