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 IPO: A chaebol looks at India to break out of a Korean trap

Hyundai IPO: A chaebol looks at India to break out of a Korean trap

India’s equity frenzy has attracted a global biggie which wants to ride on the high investor sentiment. Hyundai Motor India Ltd. (HMIL), the country’s second-largest car maker, is coming out with a Rs 25,000 crore IPO, which could be India’s biggest ever, in the next four to six months and will see the South Korean … Read more