Hyundai Motor India IPO Listing Tomorrow: GMP Turns Positive, Indicates 5% Gains on Tuesday

Hyundai Motor India IPO Listing Tomorrow: GMP Turns Positive, Indicates 5% Gains on Tuesday

Hyundai Motor India IPO Listing Date: Hyundai Motor India Ltd, the shares of which is going to be listed on both BSE and NSE on Tuesday, has now turned positive in the grey market with its unlisting shares trading at a premium of 4.85 per cent, indicating a listing profit for investors. It is a … Read more

Hyundai Motor submits PFR to take up modernisation of Tamil Nadu plant at a cost of Rs 1,500 crore

Hyundai Motor submits PFR to take up modernisation of Tamil Nadu plant at a cost of Rs 1,500 crore

Chennai, Hyundai Motor India, the subsidiary of Korean auto major Hyundai, has submitted the pre-feasibility report to take up revamping and modernisation of its facility in Tamil Nadu at an outlay of Rs 1,500 crore. The expansion at the existing facility at Irungattukottai near here would create an additional 155 new jobs and the plant … Read more

Hyundai to invest Rs 32,000 cr in India, predicts strong EV market growth

Hyundai to invest Rs 32,000 cr in India, predicts strong EV market growth

New Delhi: IPO-bound Hyundai Motor India Ltd (HMIL) has earmarked investments worth around Rs 32,000 crore for India till 2032, as the company predicts a strong and steady EV market growth till 2030. The company seeks to raise up to $3.26 billion through an IPO and shares are expected to begin trading on October 22. … Read more

Hyundai IPO aimed to further Indianise operations: Company official

Hyundai IPO aimed to further Indianise operations: Company official

The upcoming Rs 27,870 crore initial public offering of the Indian arm of South Korean automaker Hyundai, the first such instance of the company listing its subsidiary in an overseas market, is aimed to further Indianise operations, a senior company official said on Friday. Hyundai Motor India Ltd’s initial public offering (IPO), the largest in … Read more

Hyundai Motor adds two new variants under EXTER portfolio

Hyundai Motor adds two new variants under EXTER portfolio

Automobile major Hyundai Motor India has rolled out two new variants on its popular entry level sports utility vehicle EXTER, the company said on Friday. The S(O)+ variant, equipped with manual transmission is priced at Rs 7,86,300 (ex-showroom) while S+ variant is an automated manual transmission (AMT) offered at Rs 8,43,900 (ex-showroom). Some of the … Read more

Brezza races past Creta, tops sales charts in August

Brezza races past Creta, tops sales charts in August

New Delhi: Maruti Suzuki’s workhorse SUV Brezza raced past Hyundai Motor India’s Creta to occupy the top slot on the sales chart last month. Maruti Suzuki sold 19,190 units of the Brezza in August, ahead of Hyundai’s flagship SUV, Creta which sold around 16,760 units. While Creta slipped to the third spot in the best-selling … Read more

Automobile exports from India rise 15.5 pc in Q1

Automobile exports from India rise 15.5 pc in Q1

New Delhi: Automobile exports from India rose 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compared with 10,32,449 units in the same period of the … Read more

Hyundai partners with designers Falguni Shane Peacock for 17th India Couture Week 2024

Hyundai partners with designers Falguni Shane Peacock for 17th India Couture Week 2024

New Delhi: Hyundai Motor India on Thursday said it has collaborated with designers Falguni Shane Peacock for the 17th India Couture Week 2024. As part of the collaboration, the automaker showcased a specially wrapped IONIQ 5 in collaboration with Falguni Shane Peacock. The IONIQ 5 will make its debut at the finale of the 17th … Read more

Hyundai Motor India Foundation Onboards 20 Para-Athletes Under Samarth Para-Sports Programme

Hyundai Motor India Foundation Onboards 20 Para-Athletes Under Samarth Para-Sports Programme

Home Car And Bike Hyundai Motor India Foundation Onboards 20 Para-Athletes Under Samarth Para-Sports Programme Hyundai Motor India Foundation onboarded 20 para-athletes for a period of three years under its ‘Samarth Para-Sports Programme’. Hyundai Motor India Foundation Onboards 20 Para-Athletes Under Samarth Para-Sports Programm Hyundai Motor India Foundation (HMIF) onboarded a total of 20 para-athletes … Read more

Automakers take lead in FY24 salary hikes with double-digit raises

Automakers take lead in FY24 salary hikes with double-digit raises

New Delhi: Automakers have taken the lead in salary increases among all sectors in India, handing out double-digit hikes to their employees for fiscal 2024 amid a robust growth in sales, a Deloitte survey shows. “Automotive OEMs are projecting the highest salary increments across all sectors in 2024, which is 100-140 basis points (or, 1-1.4 … Read more