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Hyundai Motor Group taking next big step in India with IPO, Executive Chair Euisin Chung

Kiran Murali and Prerna Lidhoo     calendar22 Oct 2024

Hyundai India’s IPO, which was a pure offer of sale, is now the largest in India to date.

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Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3% News
Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%

autherKiran Murali calendar22 Oct 2024

This IPO is the largest in the country to date, surpassing Life Insurance Corp’s Rs 21,000-crore IPO two years ago.

Mercedes-Benz opens Europe's first battery recycling plant News International
Mercedes-Benz opens Europe's first battery recycling plant

autherAutocar Professional Bureau calendar22 Oct 2024

Mercedes-Benz becomes the first car manufacturer worldwide to close the battery recycling loop with its own in-house f...

Volkswagen Virtus crosses 50,000 units in domestic wholesale sales in India News
Volkswagen Virtus crosses 50,000 units in domestic wholesale sales in India

autherAutocar Professional Bureau calendar21 Oct 2024

Volkswagen recently introduced new variants of the Virtus- Virtus GT Line and Virtus GT Plus Sport in India.

Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024 Analysis Sales
Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024

By Ajit Dalvi calendar21 Oct 2024

Launched on October 18, 2021, the popular compact SUV sold with petrol, CNG and electric powertrains is both India’s b...

Nissan Magnite facelift looks to challenge hatchbacks, entry level SUVs Feature
Nissan Magnite facelift looks to challenge hatchbacks, entry level SUVs

By Mayank Dhingra calendar20 Oct 2024

The refreshed Magnite gets a raft of changes including an uprated safety kit with six airbags, three-point seatbelts a...

Maruti Suzuki takes huge lead in car, SUV exports in H1 FY2025, Volkswagen is the new No. 3 Analysis Sales
Maruti Suzuki takes huge lead in car, SUV exports in H1 FY2025, Volkswagen is the new No. 3

By Ajit Dalvi calendar19 Oct 2024

Maruti Suzuki India, the passenger vehicle export leader since FY2022, is well set to retain its No. 1 exporter title ...

Vehicle exports from India rise 14% in H1 FY2025, SUVs, 2-wheelers and CVs drive revival Analysis Sales
Vehicle exports from India rise 14% in H1 FY2025, SUVs, 2-wheelers and CVs drive revival

By Ajit Dalvi calendar19 Oct 2024

After the 5.5% decline in FY2024 to 4.5 million units, exports of made-in-India vehicles see revival in the first half...

Hyundai India submits Rs 1,500 crore PFR for modernisation of  Tamil Nadu plant News
Hyundai India submits Rs 1,500 crore PFR for modernisation of  Tamil Nadu plant

autherAutocar Professional Bureau calendar18 Oct 2024

The project aims to increase the factory's built-up area by 1.81 lakh square meters and create 155 new jobs

Hyundai India IPO gets 2.4x subscription as institutional investors drive in News
Hyundai India IPO gets 2.4x subscription as institutional investors drive in

autherKiran Murali calendar17 Oct 2024

The retail portion of the IPO remains undersubscribed at 50%, while the portion reserved for Qualified Institutional B...