Hyundai Motor Preparing to Bring Massive IPO in India, Targets USD 3 Billion Fund Raising

Hyundai Motor, one of the big automobile companies, plans to raise about $3.5 billion through Initial Public Offering (IPO). This could be the country’s biggest IPO. Hyundai sales have increased in the country in the last few years. The company’s shares may be listed in September. In the Bloomberg report, quoting sources having information about…

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DRDO and IIT Delhi developed bulletproof jacket that can withstand 8 bullets of AK47

DRDO i.e. Defense Research and Development Organization in collaboration with researchers from Indian Institute of Technology (IIT) Delhi has developed a lightweight bulletproof jacket that provides 360 degree security. According to the IANS report, the Defense Ministry said that the jackets named ABHED (Advanced Ballistics for High Energy Defeat) have been developed at the DRDO…

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