South Korean automaker Hyundai Motor Group is now taking the next big step in India with the Initial Public Offering of Hyundai Motor India Ltd, according to Hyundai Motor Group Executive Chair Euisun Chung. “Today’s IPO shows that HMIL is a key part of India. It demonstrates our commitment to this great nation and ensures… Continue reading Hyundai Motor Group taking next big step in India with IPO, Chairman Euisin Chung
Tag: Hyundai
Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%
India’s second largest car maker Hyundai Motor India made its debut on the stock exchanges on Tuesday as its equity shares started trading at a listing price of Rs 1,934 on the NSE. The listing price represents a 1.3% discount to the issue price of Rs 1,960. This IPO has become the largest in the… Continue reading Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%
5-Axis CNC Machining Centers Market to grow by USD 792.5 Million from 2024-2028, driven by self-optimized cutting technology, with AI powering market evolution – Technavio
NEW YORK, Oct. 21, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global 5-axis CNC Machining Centers Market size is estimated to grow by USD 792.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.09% during the forecast period. Self-optimized machine cutting is… Continue reading 5-Axis CNC Machining Centers Market to grow by USD 792.5 Million from 2024-2028, driven by self-optimized cutting technology, with AI powering market evolution – Technavio
Pipelay Vessel Operator Market to grow by USD 55.4 Million from 2024-2028, driven by rising global oil and gas demand, with AI impacting market trends – Technavio
NEW YORK, Oct. 21, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Pipelay Vessel Operator Market size is estimated to grow by USD 55.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.63% during the forecast period. Rising demand for oil and… Continue reading Pipelay Vessel Operator Market to grow by USD 55.4 Million from 2024-2028, driven by rising global oil and gas demand, with AI impacting market trends – Technavio
@Hyundai: Kia launches ‘Opposites United: Intersections Beyond Boundaries’ exhibition in Seoul
Kia brings ‘Opposites United: Intersections Beyond Boundaries’ to SPACE S1 in Seongsu-dong from October 19th to November 2nd, 2024 Inspired by the brand’s ‘Opposites United’ design philosophy, the diverse art installation embodies bold, forward-thinking design Exhibition of immersive media and performances invites visitors to enter a world free from limitations Kia Corporation (Kia) is introducing… Continue reading @Hyundai: Kia launches ‘Opposites United: Intersections Beyond Boundaries’ exhibition in Seoul
Rupee will need support from central bank amid possible outflows
The central bank had intervened to manage the impact of foreign outflows. The Indian rupee is expected to hold near all-time lows on Monday amid possible outflows related to the Hyundai Motors India initial public offering and foreign equity outflows. The one-month non-deliverable forward indicated that the rupee will open barely changed from the last… Continue reading Rupee will need support from central bank amid possible outflows
Hyundai Mobis and Zeiss to develop holographic windshield display
Hyundai Mobis has signed a Business Cooperation Agreement (BCA) with German company ZEISS for the joint development of a holographic windshield display at its technical research centre in Yongin, Gyeonggi-do. As this technology is a next-generation display technology with no current mass production examples, the two companies plan to start mass production as early as… Continue reading Hyundai Mobis and Zeiss to develop holographic windshield display
Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024
The Tata Punch, launched on October 18, 2021, turned three years old a few days ago. The popular compact SUV, which is currently sold with petrol, CNG and electric powertrains, has since launch sold an estimated 458,199 units in the domestic market. Having identified a ‘white space’ in the Indian PV market, Tata Motors launched… Continue reading Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024
India’s HDB Financial Services to raise up to $1.5b in IPOIndia’s central bank introduced new norms in 2022 that require large NBFCs to be listed by S…
India’s top private lender, HDFC Bank, said on Saturday its HDB Financial Services unit will raise up to 125 billion rupees ($1.5 billion) in its initial public offering (IPO). Parent HDFC Bank, which holds a 94.6% stake in HDB Financial, will sell shares worth 100 billion rupees, the lender said, adding that the price and… Continue reading India’s HDB Financial Services to raise up to $1.5b in IPOIndia’s central bank introduced new norms in 2022 that require large NBFCs to be listed by S…
Automobile exports from India rise 14% in Apr-Sep period
Overall exports stood at 45,00,492 units in the last fiscal year as compared with 47,61,299 units in FY23. New Delhi: Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall… Continue reading Automobile exports from India rise 14% in Apr-Sep period