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Tax poser in the way of Hyundai local arm listing

 South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is......

'We are building Kia 2.0. India is a long-term bet for us'

 'India is the sixth-largest market for the Kia Corporation, and contributes 8 to 9 per cent to our global sales.''We are eyeing 10 per cent market share over the next few years depending on......

As demand for EV batteries picks up, makers eye lithium reserves

 The EV industry is at an inflection point and batteries will play a critical role ahead -- batteries and related components typically constitute 35-45 per cent of an EV's costs. IMAGE: Mahindra's......

Sensex, Nifty rise on gains in metal, auto stocks

 Benchmark equity indices Sensex and Nifty closed higher on Friday after two days of fall, helped by buying in metal, telecom and auto stocks amid a firm trend in global markets. Photograph:......

Factors that will drive the markets this week

 RBI's interest rate decision, macroeconomic data and global trends would dictate terms in the equity market in a holiday-shortened week, analysts said. Illustration: Dominic Xavier/Rediff.com......

South Korea's K-League kicks off with fans watching from afar

 IMAGE: A general view of atmosphere during the Korean League 1 opening game the K League 1 match between Jeonbuk Hyundai Motors and Suwon Samsung Bluewings at Jeonju World Cup Stadium. Photograph:......

COVID-19: FIFA to release $150 million to associations

 IMAGE: FIFA's 211 member associations would receive $500,000 in the coming days as well as any remaining entitlements for 2019 and 2020. Photograph: FIFA/Twitter FIFA will release operational......

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