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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Anil Ambani Compay Reliance Infrastructure Planning to Enter in EV Business

Anil Ambani’s company Reliance Infrastructure, which has been facing financial difficulties for the last few years, plans to manufacture electric cars. For this business, Reliance Infrastructure has hired a former executive of China’s EV maker BYD. One from Reuters Report It has been reported quoting sources that Anil Ambani’s company has also hired consultants to…

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