Markets
Consumer
Hyundai to use $3 billion record India IPO proceeds to develop new cars, R&D
Hyundai Motor said on Wednesday it plans to use proceeds from a record $3 billion IPO of its Indian unit ......
Healthcare
Orbimed, Accel-backed companies get IPO nod; GEF-backed Hero Motors opts out
Two private equity-backed firms' draft red herring prospectuses received the Securities and Exchange Board of India's (SEBI) nod for an ......
Infrastructure
Govt seeks explanation from Ola Electric after over 10,000 complaints
India's consumer rights agency received unusually high 10,000 complaints against Ola Electric over a year and has sent a notice ......
Markets
Asset managers plan higher risk investment products after SEBI rule change
Top Indian and global asset managers are firming up plans to launch higher risk investment products, after the country's markets regulator ......
Manufacturing
Hyundai to launch $3 bn India IPO next week, targets $19 bn valuation
Hyundai Motor India's IPO will open next week for subscriptions and will likely be priced in the range of 1,865 to ......
Economy
Sensex, Nifty record longest losing streak this year so far
Indian shares fell for the sixth straight session on Monday, their longest losing streak since October 2023, as worries over ......
Infrastructure
Ola Electric shares tumble after founder's spat with comedian Kunal Kamra
Ola Electric's shares tumbled 9% on Monday after a public spat between the founder of India's biggest e-scooter maker and ......
Consumer
Abu Dhabi's ADNH Catering sets price range for IPO
Abu Dhabi National Hotels could raise as much 864 million dirhams ($235 million) from the initial public offering of its ......
TMT
Swiggy gets shareholder nod to upsize IPO fresh issue
SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to use a provision that will allow it to increase the size ......
Infrastructure
Matrix Gas & Renewables aims to raise up to $143 mn in IPO
India's Matrix Gas & Renewables aims to raise 10 billion to 12 billion rupees ($119-$143 million) via initial public offering ......