Indian food delivery giant Swiggy will likely price its $1.4 billion initial public offering at 371-390 rupees per share, sources with direct knowledge of the matter told Reuters on Monday. Swiggy has in recent weeks cut its internal valuations goal twice by a combined 25% due to volatility in the markets. It was initially looking at a… Continue reading Swiggy sets price band for $1.4b India IPO: reportSwiggy cut its internal valuations goal twice by a combined 25%.
Tag: Hyundai
Hyundai RN24 previews automaker’s EV performance future
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Korea Zinc secures 9.85% stake in $1.5b share buyback to fend off takeoverBain Capital separately secured a 1.41% stake in the company.
Korea Zinc said on Monday it has secured 9.85% of the company’s shares in a $1.5 billion buyback that it launched to block shareholders from selling their stakes to its top investor Young Poong and private equity firm MBK. Bain Capital, which backs Korea Zinc‘s current leaders, separately secured a 1.41% stake in the company, the world’s biggest zinc smelter… Continue reading Korea Zinc secures 9.85% stake in $1.5b share buyback to fend off takeoverBain Capital separately secured a 1.41% stake in the company.
@Toyota: Toyota Motor Corporation and Hyundai Motor Company Co-host Motorsport Event to Share the Excitement of Racing
Oct. 28, 2024 Toyota Motor Corporation (Toyota) and Hyundai Motor Company (Hyundai) jointly hosted the “Hyundai N x TOYOTA GAZOO Racing FESTIVAL” at the Everland Speedway in Yongin, Gyeonggi Province, Korea on October 27. The event attracted around 2,800 motorsport enthusiasts and featured thrilling driving demonstrations by both companies’ World Rally Championship (WRC) teams, along… Continue reading @Toyota: Toyota Motor Corporation and Hyundai Motor Company Co-host Motorsport Event to Share the Excitement of Racing
@Toyota: Toyota Motor Corporation and Hyundai Motor Company Co-host Motorsport Event to Share the Excitement of Racing
Oct. 28, 2024 Toyota Motor Corporation (Toyota) and Hyundai Motor Company (Hyundai) jointly hosted the “Hyundai N x TOYOTA GAZOO Racing FESTIVAL” at the Everland Speedway in Yongin, Gyeonggi Province, Korea on October 27. The event attracted around 2,800 motorsport enthusiasts and featured thrilling driving demonstrations by both companies’ World Rally Championship (WRC) teams, along… Continue reading @Toyota: Toyota Motor Corporation and Hyundai Motor Company Co-host Motorsport Event to Share the Excitement of Racing
Kia’s Q3 revenue up $19.1b in EV sales
Kia’s global retail sales of electrified vehicles increased by 3.6%, reaching 155,000 units. Go to Source
Swiggy cuts IPO valuation again, to $11.3b; BlackRock, CPPIB to invest: reportThe lacklustre debut of Hyundai India is weighing on sentiment.
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of $15 billion as market volatility and the lacklustre debut of Hyundai India weigh on sentiment, two sources said on Sunday. BlackRock and Canada Pension Plan Investment Board (CPPIB) will invest in the $1.4 billion IPO, which will be… Continue reading Swiggy cuts IPO valuation again, to $11.3b; BlackRock, CPPIB to invest: reportThe lacklustre debut of Hyundai India is weighing on sentiment.
Hyundai Motor and Toyota Motor Corporation Drive Motorsport Culture at ‘Hyundai N x TOYOTA GAZOO Racing Festival’
Hyundai Motor Company and Toyota Motor Corporation host inaugural ‘Hyundai N x TOYOTA GAZOO Racing Festival’, bolstering motorsport culture in South Korea Hyundai Motor Group Executive Chair Euisun Chung and Toyota Chairman Akio Toyoda actively participate in dynamic vehicle show runs The festival features a variety of high-performance vehicles from both companies, including Hyundai’s IONIQ… Continue reading Hyundai Motor and Toyota Motor Corporation Drive Motorsport Culture at ‘Hyundai N x TOYOTA GAZOO Racing Festival’
Main battle tank: Hyundai announces hydrogen-powered tanks
Hydrogen fuel cell propulsion has many advantages, but also some disadvantages. (Military, Fuel cell) Go to Source
Tata Curvv sells 8,218 units in two months since launch
The Tata Curvv SUV-coupé, which was first launched in its electric avatar on August 7, and followed by the petrol- and diesel-engined variants on September 2, has registered wholesales of 8,218 units, as per SIAM passenger vehicle industry data. While the Tata Curvv’s dispatches in August comprised 3,455 units, September numbers (4,763 units) were 38%… Continue reading Tata Curvv sells 8,218 units in two months since launch