Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the country's biggest-ever maiden share sale. The Indian arm of the South Korean carmaker Hyundai Motor Company (HMC) allotted 42.4 million shares to 225 funds at Rs 1,960 apiece, the higher end of its price band. Among the investors receiving allotments were the Singapore government's sovereign wealth fund (GIC), New World Fund, and Fidelity.
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 mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.
Striker Deepika converted a penalty stroke three minutes from the final hooter to lead India to a tense 3-2 win over South Korea
The outcry over the judging in the women's Olympic figure skating competition took a new turn on Friday when South Korea's skating union requested an investigation into whether it was run fairly.
Munkhbayar Dorjsuren's experience proved crucial for Bhaker and Sarabjot in the mixed team final where the shooters are allowed to take time-outs and speak to their coaches. Not only did she contribute with vital inputs but she was constantly egging Indian fans to cheer for the Indians.
India on Monday signed a civil nuclear cooperation deal with South Korea, allowing a framework for Korean companies to participate in atomic power plant projects in the country.
South Korean carmaker Kia was on Tuesday declared the top mass-market performer in the overall customer experience index (CEI), an annual survey done by the Federation of Automobile Dealers Associations (Fada) to assess and quantify customer experience across 97 parameters related to sales, product, and after-sales quality. Fada conducted this survey in collaboration with consulting firm Frost & Sullivan, with a sample size of 8,685 respondents.
With the backdrop of the famous wheel from the Konark Sun temple in Odisha, Prime Minister Narendra D Modi welcomed G20 leaders at the Bharat Mandapam, venue of the G20 Summit in New Delhi, on Saturday, September 9, 2023.
At 250 million unique visitors a month, MX Player has for long been in the same bracket as YouTube (454 million) and Meta (324 million) in reach.
Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.
The Korean Formula One Grand Prix has been formally dropped from the 2015 calendar after its surprise inclusion last month for contractual reasons.
Hyundai Motor India Ltd has become the country's fifth most valuable auto firm by market valuation in its debut trade on Tuesday. Shares of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, listed at Rs 1,931, reflecting a decline of 1.47 per cent against the issue price of Rs 1,960 on the BSE earlier in the day. The stock slumped 7.80 per cent to Rs 1,807.05 during the day and finally ended at Rs 1,820.40 apiece, down 7.12 per cent.
Glimpses from the Pyramids Air Show 2022 at the Pyramids Plateau in Giza, Egypt.
With these two latest additions, India's gold tally has swelled to three.
India finish with four medals in World Cup Stage 3.
India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960.
'It would be a travesty if the Malaysian air force likes the Tejas, but decides against it because it sees the IAF reluctance to back the fighter.'
Apart from debunking beauty standards, Escape The Corset also aims to raise awareness on gender equality.
The United States has reportedly deployed stealth fighter jets to South Korea as part of ongoing joint military exercises between the two nations.
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.
India outclassed South Korea 5-3 in a hard-fought semi-final to enter the gold medal clash of the men's hockey competition at the Asian Games.
Tata Motors is looking to consolidate its position in the SUV segment as it marks its entry into the highly competitive mid-size space which is currently dominated by South Korean and Japanese carmakers. The Mumbai-based auto major on Monday launched midsize SUV coupe Curvv with petrol and diesel powertrains with a price starting at Rs 9.99 lakh. The company has already unveiled the electric version of the model in August.
Fans watching the games at the stadium and on televisions the world over have made the FIFA World Cup Qatar 2022 even more memorable.
Kareena in a Kalimpong murder mystery, Priyanka in a Hollywood rom-com, a South Korean style western and lots, lots more on OTT this week.
Manjulika, Bajirao Singham, Squid Games, it's an action-packed end to 2024 on OTT this week.
'The frequent coaching camps... too are contributing to the cause, and constant collaboration is only helping the team get that elusive medal at the Olympics.'
Photos of the World Cup game between South Korea and Belgium.
The 22-year-old An powered through in Paris, however, as her controlled pacing finished off He, with the pair at one point delivering a rally that lasted nearly a minute.
Close to 60 per cent models that Kia sells in India are top trims of the models. In line with its global strategy, the India arm of South Korean major Kia has dropped 'Motors' from its name. This is to reflect the transition from an automaker to a provider of advanced and eco-friendly mobility solutions, the company said. With a new brand identity and slogan, the fourth-largest car maker in India by sales aims to accelerate growth and strengthen its premium positioning.
India and South Korea on Monday signed an agreement on transfer of sentenced prisoners and three other pacts and discussed the prospects of cooperation in civil nuclear field amid South Korea's keen interest.
United States President Barack Obama spoke to his South Korean counterpart Lee Myung-bak on Wednesday, renewing Washington's 'unshakeable support' for the country in the wake of a North Korean missile attack that killed two marines. Obama told President Lee that the thoughts and prayers of the American people were with the loved ones of those who were killed or wounded in the attack.The President said North Korea must stop its provocative actions.
Arsenal striker Park Chu-young has been left out of the South Korean squad for next month's final round of 2014 World Cup qualifiers amid a backlash from fans over his controversial decision to delay his mandatory military service.
Dr Rajeshwari Panda, head of the dietetics department at Medicover Hospital, shares a list of foods that promote gut health.
A summary of Sunday's action in the Premier League.
Dhankhar also recorded his sexual assaults using a camera hidden in his bedside alarm clock and on his phone, it said.
Ranbir, Rashmika, Raveena, Vic, Nic, it's raining movie stars on OTT this week. Sukanya Verma lists her recommendations.
A next-gen wireless broadband network will allow Koreans to use high-speed apps on their mobile handsets. And it's sure to power big growth.
PV Sindhu says if she remains injury-free and in peak physical condition, she will aim for a third medal.
The US will deploy an additional Army combat force of 800 soldiers to South Korea with tanks and armoured troop carrier as part of its ongoing rebalancing efforts within Asia-Pacific region.
The Indian market on Tuesday displaced its South Korean counterpart to attain the fourth position in the market cap rankings for the Asia Pacific region, with a total market cap of $821 billion.
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