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Tackling the 'Korean Discount': A deep dive into curious case of Hyundai Motor India's market listing
Hyundai Motor India's record-breaking IPO, possibly aimed at escaping the "Korean Discount," debute…
Electric two-wheeler sales grow in November 2024 – TVS and Bajaj fight for the second spot
The Indian electric two-wheeler market recorded good growth in November 2024, recording the third-b…
Drivers are being 'ill-served by underwhelming EVs,' says boss of Tesla rival Lucid
Lucid CEO Peter Rawlinson told the Cars and Culture podcast that the problem with EVs in the US was…
Tom Carter
Hyundai Motor India's shares jump 5% on second day, making up for dull debut
Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. Th…
Ahead of its mega IPO, why is Hyundai Motor India's GMP tanking?
Generally, a higher GMP is seen as a positive sign, indicating that there is increased demand and…
Hyundai Motor India to list tomorrow, GMP enters green territory
Remember that GMPs are only indicative and not concrete indicators of the stock's performance on th…
Upcoming IPO aimed to Indianize operations, says Hyundai Motors
Hyundai has set a price band of Rs 1,865-1,960 per share for the IPO, taking the company's valuatio…
Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment
Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…
PTI
October auto sales – Maruti Suzuki and Tata Motors report a decline, Mahindra continues to grow
The month of October 2024 has not been the best for automakers despite the festive season in India.…
The Tata way of paying back humiliation: doing the 'favour' of 'buying out'
In 1999, Ford officials humiliated Tata Motors during a meeting about selling its passenger vehicle…
PTI
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
Hyundai Motor India lists at a 1.3% discount, continuing the trend of big IPOs making a bad debut
Hyundai Motor India, which recently wrapped up the country’s biggest IPOs listed at a discount. The…
Facing vehicle damage during heavy rains? Here's how motor insurance can come to your rescue
During heavy rains, the first in line of damage is your vehicle's engine, repairing which could cos…
QIBs swoop in to save the day: India's biggest ever IPO fully subscribed!
QIBs (Qualified Institutional Buyers), who had been offered about 19.89% of the total issue pie, en…
General Motors announces another round of layoffs, 1,695 workers to be affected
General Motors has announced layoffs at its Fairfax Assembly plant in Kansas, affecting 1,695 emplo…
Soaring to the Sun: Waaree Energies' GMP jumps high, investors to potentially earn up to 90% listing day gains. Should you invest?
Waaree Energies saw its GMP jump to Rs 1,365 today. This takes its probable listing price to Rs 2,…
India's biggest IPO off to a slow start, subscribed 0.18x on Day 1
Hyundai Motor India allocated 4.2 crore equity shares to these anchor investors at Rs 1,960 per sha…