News for 'Hyundai'

Hyundai Bets $15.5 Billion on India, Plans 26 Models

Hyundai Bets $15.5 Billion on India, Plans 26 Models

Rediff.com3 days ago

India remains one of the Hyundai Motor group's most important and strategic markets globally. The initiative positions India as a strategic core market for the group's growth, emerging market expansion, and next-generation automotive innovation.

Hyundai to invest additional Rs 4,000 crore in Maharashtra, doubling Pune plant capacity

Hyundai to invest additional Rs 4,000 crore in Maharashtra, doubling Pune plant capacity

Rediff.com3 days ago

Korean auto major Hyundai plans to invest an additional Rs 4,000 crore in Maharashtra by 2030, aiming to nearly double capacity at its new Pune manufacturing plant to 320,000 units per annum in a phased manner, a top company executive said.

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Rediff.com25 Sep 2026

Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.

Hyundai Eyes 7-8% EV Sales Next Year, Plans New Compact EV

Hyundai Eyes 7-8% EV Sales Next Year, Plans New Compact EV

Rediff.com7 Sep 2026

In August, Hyundai recorded its highest ever domestic sales for the month with 54,396 units sold, marking a 23.6 per cent Y-o-Y increase. The Creta Electric currently anchors Hyundai's mass-market electric portfolio, while the Ioniq 5 caters to the premium end

Hyundai India gears up for localised mass-market SUV EV launch

Hyundai India gears up for localised mass-market SUV EV launch

Rediff.com9 Sep 2026

Hyundai Motor India Ltd (HMIL) is set to launch a localised mass-market SUV built on a dedicated EV platform, expanding its EV portfolio beyond the IONIQ 5 and CRETA Electric, while also significantly boosting its charging infrastructure and training its workforce.

Hyundai Motor India reports 35% decline in Q1 PAT, cites 'challenging quarter'

Hyundai Motor India reports 35% decline in Q1 PAT, cites 'challenging quarter'

Rediff.com31 Jul 2026

Hyundai Motor India Ltd reported a 35 per cent decline in consolidated profit after tax to Rs 888.62 crore in the first quarter ended June 30, impacted by lower revenue and higher expenses, with MD & CEO Tarun Garg noting it was a "challenging quarter".

Entry-level Sedans Gain Traction While Midsized Models Continue To Struggle

Entry-level Sedans Gain Traction While Midsized Models Continue To Struggle

Rediff.com3 days ago

India's sedan market is experiencing a notable divergence: affordable entry-level sedans are gaining market share, while midsize sedans are seeing a significant decline as buyers increasingly opt for SUVs in higher price brackets.

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Rediff.com2 days ago

Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.

Passenger Vehicle Sales Jump 21% in September, Driven by Festive Demand

Passenger Vehicle Sales Jump 21% in September, Driven by Festive Demand

Rediff.com1 Oct 2026

Domestic passenger vehicle dispatches in India are estimated to have grown by approximately 21 per cent to 4.60 lakh units in September, with major carmakers like Maruti Suzuki, Tata Motors, M&M, and Hyundai all reporting double-digit growth, driven by increased supplies for the upcoming peak festival season and healthy demand.

Passenger Vehicle Sales in India Soar 33% in July, Driven by Maruti Suzuki and Hyundai's Record Performance

Passenger Vehicle Sales in India Soar 33% in July, Driven by Maruti Suzuki and Hyundai's Record Performance

Rediff.com1 Aug 2026

Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.

Mini Car Sales Surge 86% as India's Auto Market Rebounds

Mini Car Sales Surge 86% as India's Auto Market Rebounds

Rediff.com1 days ago

India's entry-level passenger vehicle market is experiencing a significant recovery, with mini car wholesales surging 86.3 per cent year-on-year in the first half of FY27, driven by improved affordability and stronger overall demand.

PV inventory climbs as dealers prep for festivals, keep discounts in check

PV inventory climbs as dealers prep for festivals, keep discounts in check

Rediff.com1 Oct 2026

As India's festive season approaches, passenger vehicle dealers are seeing a notable increase in inventories, yet discounts remain surprisingly moderate compared to previous years, signalling a tighter demand-supply balance in the automotive market.

Isha Ambani On How A Failed Assignment Sparked Jio's Birth

Isha Ambani On How A Failed Assignment Sparked Jio's Birth

Rediff.com2 days ago

Isha Ambani, a director on the board of Jio Platforms, revealed that a failed attempt to upload a college assignment in 2009-10 due to poor internet connectivity in Mumbai sparked the idea and subsequent conversations that led to the creation of Jio.

NSE enters top-10 most valued firms' club; shares jump over 5%

NSE enters top-10 most valued firms' club; shares jump over 5%

Rediff.com24 Sep 2026

Shares of the National Stock Exchange of India Ltd (NSE) climbed nearly 1 per cent on their trading debut, reaching a market valuation of Rs 4,53,123 crore, following a significantly oversubscribed initial public offering.

NSE's Mega IPO Fully Subscribed on Day 2, QIBs and Non-Institutional Investors Lead

NSE's Mega IPO Fully Subscribed on Day 2, QIBs and Non-Institutional Investors Lead

Rediff.com18 Sep 2026

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was fully subscribed on the second day of bidding, driven by strong interest from qualified institutional buyers and non-institutional investors.

NSE's Rs 22,569-crore IPO sees 43% subscription on opening day

NSE's Rs 22,569-crore IPO sees 43% subscription on opening day

Rediff.com17 Sep 2026

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was subscribed 43 per cent on its first day of bidding, making it India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024.

NSE's Rs 22,569-crore IPO opens, subscribed 9% on Day 1

NSE's Rs 22,569-crore IPO opens, subscribed 9% on Day 1

Rediff.com17 Sep 2026

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) opened for subscription, receiving 9 per cent bids on its first day, with strong participation from anchor investors.

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

Rediff.com19 Jun 2026

Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.

Used-Car Sales Set to Surge 15 per cent This Festive Season

Used-Car Sales Set to Surge 15 per cent This Festive Season

Rediff.com4 days ago

More than 40 per cent of Cars24's sales are now linked to rural registration and transport office (RTO) locations, although procurement remains concentrated in urban markets.

Electric PV Sales Nearly Double In September; E-Two-Wheeler Sales Rise 89%

Electric PV Sales Nearly Double In September; E-Two-Wheeler Sales Rise 89%

Rediff.com4 days ago

September marked India's highest-ever monthly EV retail volume. More than one in nine two-wheelers retailed in September was electric.

NSE IPO price band fixed at Rs 1,700-1,785; subscription opens on Sep 17

NSE IPO price band fixed at Rs 1,700-1,785; subscription opens on Sep 17

Rediff.com11 Sep 2026

The National Stock Exchange (NSE) has set its initial public offering (IPO) price band at Rs 1,700-1,785 per equity share, with the subscription period running from September 17 to September 21, aiming to raise up to Rs 22,569 crore.

NSE IPO likely to open on Sep 18, list on Sep 25

NSE IPO likely to open on Sep 18, list on Sep 25

Rediff.com8 Sep 2026

The National Stock Exchange's initial public offering (IPO), expected to raise around Rs 30,000 crore, is likely to open for public subscription on September 18 and list on September 25, potentially becoming India's largest IPO.

Shimla Police Crack Down On Drug Traffickers' Illegally Acquired Assets

Shimla Police Crack Down On Drug Traffickers' Illegally Acquired Assets

Rediff.com21 Sep 2026

Shimla Police have seized assets worth Rs 4.13 crore from 19 drug traffickers and their associates, believed to be acquired through illegal drug trade. The action followed an arrest in August 2026, leading to a detailed financial investigation under the NDPS Act. This seizure is part of a larger effort in 2026, where assets worth Rs 12.52 crore have been confiscated in 15 NDPS cases.

NSE Rings The Gong At BSE

NSE Rings The Gong At BSE

Rediff.com24 Sep 2026

The National Stock Exchange marked its stock market debut at the Bombay Stock Exchange on September 24, 2026, with a traditional gong-ringing ceremony.

Will Volkswagen be 4th time lucky with Indian partner?

Will Volkswagen be 4th time lucky with Indian partner?

Rediff.com26 Sep 2026

Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.

NSE IPO size likely to shrink to Rs 25,000-27,000 crore as shareholders pull back from OFS

NSE IPO size likely to shrink to Rs 25,000-27,000 crore as shareholders pull back from OFS

Rediff.com9 Sep 2026

The National Stock Exchange's (NSE) initial public offering (IPO) is expected to shrink in size to Rs 25,000-27,000 crore, down from an earlier estimate of Rs 30,000 crore, as some shareholders are reducing their offer for sale (OFS) stake.

'NSE's role as trading platform will prevail over business interest'

'NSE's role as trading platform will prevail over business interest'

Rediff.com24 Sep 2026

National Stock Exchange (NSE) Chairman Srinivas Injeti stated that post-listing, the exchange's duties as a stock trading marketplace and its responsibilities as a commercial entity will see public interest overriding business interests if the two intersect.

Born in Tamil Nadu, Made for the World: Hyundai to make TN its EV hub

Born in Tamil Nadu, Made for the World: Hyundai to make TN its EV hub

Rediff.com10 Jun 2026

Hyundai Motor India Ltd (HMIL) announced plans to make Tamil Nadu its 'flagship EV hub for India', committing over 26,000 crore in investment, enhancing localisation, and creating approximately 2,000 additional jobs over the next five to six years. The company will roll out two new EV models from its Chennai facility this year, including its first mass-market dedicated EV.

Sheetal Devi Leads India's Charge At Home Para Archery Series

Sheetal Devi Leads India's Charge At Home Para Archery Series

Rediff.com4 Sep 2026

India is hosting its first international para archery event, the third stage of the 2026 Hyundai World Archery Para Series, in Ahmedabad. The competition features 109 archers from 19 countries and serves as a crucial build-up to the Aichi-Nagoya 2026 Asian Para Games. World number one Sheetal Devi, along with other top Indian and international archers, will be competing for titles and world ranking points.

Festive Season Fuels 35% Surge in India's Passenger Vehicle Sales for August

Festive Season Fuels 35% Surge in India's Passenger Vehicle Sales for August

Rediff.com1 Sep 2026

India's passenger vehicle sales are estimated to have surged by approximately 35 per cent to about 4.5 lakh units in August, driven by strong performances from major automakers like Maruti Suzuki India, Tata Motors Passenger Vehicles, and Mahindra & Mahindra, with the industry entering the festive season with optimism.

Some give, some take for Indian automakers in EU FTA

Some give, some take for Indian automakers in EU FTA

Rediff.com21 Sep 2026

India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.

Tata Motors claims No. 2 spot in India's PV market with record market share gains

Tata Motors claims No. 2 spot in India's PV market with record market share gains

Rediff.com2 Sep 2026

Tata Motors has emerged as the biggest market-share gainer among India's leading passenger vehicle (PV) makers in the first eight months of 2026, securing the No. 2 position in the PV market.

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Rediff.com8 May 2026

Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

Rediff.com4 Sep 2026

The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.

Chargesheet details terror module's use of 'lone mujahid pocket book' in Red Fort blast

Chargesheet details terror module's use of 'lone mujahid pocket book' in Red Fort blast

Rediff.com9 Sep 2026

The National Investigation Agency's (NIA) chargesheet in the 2025 Red Fort blast case alleges that the accused followed the 'Lone Mujahid Pocket Book/How to Become an Assassin', an AQAP-linked manual detailing explosives and covert operations. The chargesheet identifies Umer Un Nabi, who died in the explosion, as the alleged mastermind and 'operational in-charge' of a revived Ansar Ghazwat-ul-Hind (AGuH) module.

The Long Road To Viksit Bharat

The Long Road To Viksit Bharat

Rediff.com15 Sep 2026

The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.

Sobhita Is An Absolute Goddess In...

Sobhita Is An Absolute Goddess In...

Rediff.com30 Jul 2026

The actor turned showstopper for Rahul Mishra's Devi collection at the India Couture Week 2026.

Carmakers ramp up production for festive season, but high base and inventory risks loom

Carmakers ramp up production for festive season, but high base and inventory risks loom

Rediff.com22 Aug 2026

Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.

A Little Sparkle. A Lot Of Vaani

A Little Sparkle. A Lot Of Vaani

Rediff.com29 Jul 2026

Vaani Kapoor walked as showstopper for the Dolly J Studio at the India Couture Week 2026.

When Anamika Khanna Does This On The Ramp

When Anamika Khanna Does This On The Ramp

Rediff.com27 Jul 2026

Anamika Khanna opened Hyundai India Couture Week 2026 with Moonlit Palace, a collection presented at Hyderabad's Taj Falaknuma Palace that celebrated India's rich craft traditions through a contemporary lens.