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Volkswagen's $1.4 bn India tax tussle rekindles foreign investor fears

Finance

12 February, 2025

Volkswagen's $1.4 bn India tax tussle rekindles foreign investor fears

India's demand for back taxes running into a record $1.4 billion from Volkswagen, after 12 years of scrutiny, is reigniting ......

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Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture

General

24 January, 2025

Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture

India has been one of the most sought-after destinations for multinational companies ever since the economy opened nearly three-and-a-half decades ......

Hyundai IPO, India's biggest, gets $5.5 bn in bids despite subdued retail interest

Consumer

17 October, 2024

Hyundai IPO, India's biggest, gets $5.5 bn in bids despite subdued retail interest

Hyundai Motor India's $3.3-billion initial public offering was oversubscribed by more than two times on Thursday attracting aggressive bidding from institutional ......

GIC, BlackRock snap up Hyundai India shares in record $3.3 bn IPO

Manufacturing

15 October, 2024

GIC, BlackRock snap up Hyundai India shares in record $3.3 bn IPO

Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a ......

Hyundai to launch $3 bn India IPO next week, targets $19 bn valuation

Manufacturing

08 October, 2024

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 ......

Premium
Grapevine: Adani eyes Heidelberg's India unit; Saregama may buy into Dharma Productions

General

07 October, 2024

Grapevine: Adani eyes Heidelberg's India unit; Saregama may buy into Dharma Productions

Adani Group is in talks to acquire the Indian cement operations of Germany’s Heidelberg Materials, a media report said.  The deal ......

Hyundai rules out special worker share allocation in India IPO despite protests

Manufacturing

12 July, 2024

Hyundai rules out special worker share allocation in India IPO despite protests

South Korean carmaker Hyundai Motor has ruled out any special allocation of shares to Indian workers in its forthcoming mammoth ......

Hyundai India IPO bankers set for big payday with $40-mn fee

Manufacturing

26 June, 2024

Hyundai India IPO bankers set for big payday with $40-mn fee

Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in ......

Hyundai may sell up to 17.5% stake in India unit via IPO

Manufacturing

14 June, 2024

Hyundai may sell up to 17.5% stake in India unit via IPO

South Korea's Hyundai Motor is looking to sell a stake of up to 17.5% in the planned initial public offering ......

Hyundai seeks expansion, higher valuation with $3 bn India IPO

Manufacturing

14 February, 2024

Hyundai seeks expansion, higher valuation with $3 bn India IPO

Hyundai Motor's planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in ......

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