India’s Largest IPO: Hyundai Submits Draft Papers

India's Largest IPO: Hyundai Submits Draft Papers for ₹25,000 Crore

Hyundai Motor India Limited, the Indian arm of the South Korean auto giant, today filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO to raise around $3 billion (Rs 25,000 crore). “The objects of the offer are to carry out the Offer for Sale of … Read more

Auto Expo 2023 Special: When celebs enticed with their presence at automobile spectacle

Auto Expo 2023 Special: When celebs enticed with their presence at automobile spectacle

Greater Noida: The Auto Expo has been one of the greatest biennial spectacles of the automobile industry in India.Since its inaugural showcase in 1986, the spectacular automobile event has been held 16 times to date, with each year proving to be a milestone in terms of vehicular diversity and improvements in automobile technology. However, in … Read more