IPO bound HMIL, which is also from South Korea, had faced severe labour unrest for nearly a decade till the realisation -- a worker's union cannot be avoided -- dawned on it.
Hyundai Motor India Limited's (HMIL's) record Rs 27,870 crore initial public offering (IPO) may not have set the primary market alight with sky-high subscription levels, but it has spelled a windfall for the five investment banks steering the share sale. The Indian arm of the South Korean carmaker paid Rs 493 crore - 1.77 per cent of the issue size - in fees and commissions to the book running lead managers (BRLMs), marking the largest-ever payout for an IPO in the country.
'Samsung declared they would not allow the presence of any trade union.' 'This is unacceptable as the rule of law in India permits employees to have a trade union.' 'So, the crux of the strike is this.'
India and China have made "some progress" in disengagement, External Affairs Minister S Jaishankar said on Sunday, describing it as a "welcome" move which opens up the possibility that other steps could happen.
Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.
The Greenfield stadium has a capacity of 55,000 seats and the KCA said on Monday that 2,000 tickets for the opening T20I are still up for grabs.
'Our study finds that only about 20% of Indians are vegetarians and the rest of the 80% are non-vegetarians or meat-eaters.'
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds
These delightful idlis are great for breakfast or nashta.
The new National Cricket Academy which was inaugurated in Bengaluru on Sunday has been renamed as the BCCI Centre of Excellence.
The President was attending the dinner, hosted by Indian Ambassador to Norway, Mashed Sachdeva, who also looks\nafter Iceland.
'Whatever Kamala is today, it is because of my sister.' 'My sister inculcated South Indian culture and values in her,' Dr Sarala Gopalan, US Senator-electKamala Harris' maternal aunt, tells Rediff.com's Shobha Warrier in Chennai.
A poignant political play, needed for today's times, is being staged in Mumbai.
Wipro Consumer Care and Lighting on Thursday announced the acquisition of Brahmins - a Kerala-based traditional vegetarian, spice mix and ready-to-cook brand - and it has also drawn up plans to launch its snacks brand targeting the southern market. The company will focus on the southern market and is in the process of launching its own brand in the fast-growing ready-to-eat and snacks segment, Wipro Consumer Care and Lighting and managing director Vineet Agrawal told PTI. He further said Wipro Consumer Care and Lighting would take the acquisition route for expanding in the spices segment.
An Indian scientist, Modadugu V Gupta, has been named winner of the $250,000 World Food Prize for his work to enhance nutrition for over 1 million people, mostly very poor women, through the expansion of aquaculture and fish farming in South and Sout
'We watched the film many times but each time, we would cry.' 'During the editing and sound mixing, my whole team would cry.' 'When we reached the music composing stage, it happened again.' 'Our producer said it is too much to be crying so many times.' 'But we never thought the film would be such a big hit.'
'The Kerala BJP leadership is doing the job of clerical staff. What the boss orders, they just follow them.'
The primary market will remain abuzz with more than half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, lined up initial public offerings over the next two months to raise around Rs 60,000 crore, merchant bankers said. Apart from these three firms, Afcons Infrastructure, Waaree Energies, Niva Bupa Health Insurance, One Mobikwik Systems, and Garuda Construction are among the companies planning to launch initial public offerings (IPOs) during October-November, they added. Together, these firms are looking to raise Rs 60,000 crore through their IPOs.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Thousands of fans thronged the Marine Drive in south Mumbai to witness the victory parade of the Indian cricket team on Thursday evening.
As severe cyclonic storm 'Remal' initiated its landfall process between the coasts of Bangladesh and adjoining West Bengal on Sunday evening, authorities took swift action, evacuating over 1 lakh people from vulnerable areas of the state to safety.
A rice cooked with dahi kadhi is a soothing evening or weekend meal.
It seems that the West is sending a signal to India that it can return to old hostilities unless India toes their line on Russia. It is no surprise that India is being compared with Putin's Russia in terms of targeting 'dissidents' as the West calls these Khalistani terrorists, asserts Colonel Anil A Athale (retd).
The company aims to expand its offering to include whole grains, fruits and vegetables
Kerala pumpkin curry has to be the best way to eat kadu. And ever tried an imli-ginger relish?
The cyclone ravaged adjacent coasts of the state and Bangladesh between Sagar Island and Khepupara, near the southwest of Mongla in the neighbouring country, after its landfall process began at 8.30 pm on Sunday.
Not much is heard or read about Sun Pharma's media-shy owner.
India's tactical and operational response demonstrated its ability to prosecute tri-service operations, even without a formal tri-service doctrine or the higher command structure needed to coordinate it, points out Ajai Shukla.
Delight family you might visiting abroad with a gift of homemade theplas.
An Indian colonel was injured in fresh firing in the troubled Malakal region in South Sudan
This versatile lentil salad can be a whole meal by itself or an accompaniment to a light evening repast.
Where paneer came to India from... How sambar got its name... Gulab jamun does not have Indian roots...
Ms Swaraj was a conscientious woman who understood suffering and pathos and attempted in her inimitable way to mitigate them, recalls Rup Narayan Das.
You'll be forgiven for salivating over these droolworthy pics that will give you a 'foodgasm'!
She has a huge fashion appetite for saris and ethnic garb.
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
