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Tag: Hyundai
Hyundai to use proceeds from upcoming $3b India IPO for new cars, R&DHyundai is due to launch its IPO—India’s biggest ever—next week.
Hyundai Motor plans to use proceeds from a record $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for emerging markets. Hyundai is due to launch its initial public offering—India’s biggest ever—next week. It will set a value… Continue reading Hyundai to use proceeds from upcoming $3b India IPO for new cars, R&DHyundai is due to launch its IPO—India’s biggest ever—next week.
Hyundai’s IPO documents offer rare glimpse into its cybersecurity firewall
The red herring prospectus of Hyundai Motor India Ltd (HMIL) offers a rare glimpse into the cybersecurity readiness and posture of one of India’s biggest automakers, including past instances of data breaches. Any company that is going public has to exhaustively reveal all its weakpoints, past incidents and vulnerabilities under ‘risk factors’, and Hyundai too… Continue reading Hyundai’s IPO documents offer rare glimpse into its cybersecurity firewall
Hyundai’s IPO documents offer rare glimpse into its cybersecurity firewall
The red herring prospectus of Hyundai Motor India Ltd (HMIL) offers a rare glimpse into the cybersecurity readiness and posture of one of India’s biggest automakers, including past instances of data breaches. Any company that is going public has to exhaustively reveal all its weakpoints, past incidents and vulnerabilities under ‘risk factors’, and Hyundai too… Continue reading Hyundai’s IPO documents offer rare glimpse into its cybersecurity firewall
Hyundai India to dilute 7.5% additional stake in 3-5 years
Hyundai Motor India, which is selling up to 17.5% stake through an IPO, will dilute an additional 7.5% stake in the next three to five years, according to the company’s investment banker. This is in line with the minimum public shareholding guidelines set by the Indian market regulator Securities and Exchange Board of India. As… Continue reading Hyundai India to dilute 7.5% additional stake in 3-5 years
Renault reveals Duster-based Bigster before Paris Motor Show
Renault’s budget brand abroad, Dacia, has taken the wraps off the Bigtser before its showing at the upcoming Paris Motor Show (starting October 17). Said to be the biggest Dacia model yet, the SUV is based on the Renault Duster, and is expected to make its way to India, albeit in seven-seat form. Dacia Bigster:… Continue reading Renault reveals Duster-based Bigster before Paris Motor Show
Hyundai India IPO: Price band set at Rs 1,865 – 1,960, issue to open on Oct 15
India’s second largest car maker Hyundai Motor India Ltd on Wednesday fixed the price band of its initial public offering in the range of Rs 1,865 – 1,960. At this price, the company is set to raise Rs 27,870.16 crore ($3.42 billion) at the upper end, or Rs 26,519.31 crore at the lower end. The… Continue reading Hyundai India IPO: Price band set at Rs 1,865 – 1,960, issue to open on Oct 15
Hyundai India IPO: Price band set at Rs 1,865 – 1,960, issue to open on Oct 15
India’s second largest car maker Hyundai Motor India Ltd on Wednesday fixed the price band of its initial public offering in the range of Rs 1,865 – 1,960. At this price, the company is set to raise Rs 27,870.16 crore ($3.42 billion) at the upper end, or Rs 26,519.31 crore at the lower end. The… Continue reading Hyundai India IPO: Price band set at Rs 1,865 – 1,960, issue to open on Oct 15
Autocar magazine 09 October: on sale now
In this week’s issue, we reveal the long-awaited successor to the McLaren P1, drive the new Renault 5 EV, and the Aston Matin Vantage takes on rivals from Ferrari and Porsche. News McLaren has unveiled its new 1258bhp W1 hypercar, a rear drive hybrid of unparalleled ability. Mark Tisshaw details the P1 successor alongside exclusive… Continue reading Autocar magazine 09 October: on sale now
Hyundai sets price range for $3b India IPOThe Indian unit of the Korean carmaker is offering a discount to eligible employees in the IPO.
Hyundai Motor India has set a price range of 1,865 rupees ($22) to 1,960 rupees ($23) for its initial public offering (IPO) that opens next week for subscriptions, an advertisement in the Financial Express newspaper showed on Wednesday. The Indian unit of the Korean carmaker is offering a discount of 186 rupees per share to… Continue reading Hyundai sets price range for $3b India IPOThe Indian unit of the Korean carmaker is offering a discount to eligible employees in the IPO.