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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TVS Motor Sells More than 3.33 Lakh Units in June, Electric Scooter iQube Sales Increase 10 Percent

Sales of TVS Motor, one of the big two-wheeler companies, increased by almost five percent last month to 3,33,646 units. In the same month last year, it was 3,16,411 units. Sales of the company’s two-wheelers increased by six percent to 3,22,168 units. Last month TVS Motor sold 1,52,701 motorcycles. This is an increase of three…

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UPI Payments Expanded to UAE in Partnership With Network International

Digital payment service Unified Payments Interface (UPI) is being expanded rapidly abroad. This QR based service has been launched in the United Arab Emirates (UAE). For this, NPCI International Payments Limited (NIPL) has tied up with Network International. Through Network International’s more than two lakh point-of-sale (POS) terminals in the UAE UPI Payments can be…

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