NEW DELHI :South Korea's Hyundai Motor is looking to sell a stake of up to 17.5 per cent in the initial public offering of its India unit, draft papers filed with the country's markets regulator showed on Saturday, in what could be India's biggest ever IPO.
FILE PHOTO: A Hyundai logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File photo
Hyundai Motor will offer up to 142 million shares for sale in the IPO from a total of 812 million, according to the filing with the Securities and Exchange Board of India .
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India's Ola Electric wins approval for $660 million IPO, sources sayMUMBAI : Indian e-scooter maker Ola Electric has received regulatory approval to go ahead with its $660 million Initial Public Offering, said two sources with direct knowledge, paving the way for the country's first ever EV stock listing.
Read more »
India’s Modi moves quickly to secure coalition support to form new governmentTalks with key allies will centre on who gets what benefits in return for their support.
Read more »
Modi's allies demand funds, Cabinet positions as coalition gears to form India's new governmentNEW DELHI: Parties in Indian Prime Minister Narendra Modi's alliance on Thursday (Jun 6) demanded more funds for their regional states as well as federal Cabinet positions as negotiations began
Read more »
North American fans thrill for dream India-Pakistan showdown in New YorkEAST MEADOW, New York : A sold-out crowd descended on Eisenhower Park on Sunday for a clash of cricketing arch-rivals India and Pakistan, set to face off in a T20 World Cup match that fans called a dream come true.
Read more »
India’s Modi chooses old faces in new Cabinet but portfolios yet to be announcedA statement is expected on June 10 on the portfolios of the ministers.
Read more »
India’s Modi chooses old faces in new CabinetNirmala Sitharaman was named finance minister for a second consecutive term.
Read more »