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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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Grapevine: Healthium Medtech gets more suitors; race for Fourth Partner Energy heats up

General

12 February, 2024

Grapevine: Healthium Medtech gets more suitors; race for Fourth Partner Energy heats up

Ontario Teachers Pension Plan (OTPP), one of the world’s largest pension funds, is teaming up with domestic private equity firm ......

Premium
Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

General

05 February, 2024

Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

South Korean automaker Hyundai Motor is mulling an initial public offering of its Indian unit, Hyundai Motor India, to tap ......

Sixth Sense Ventures leads $5.4 mn round in Prozo

TMT

14 February, 2023

Sixth Sense Ventures leads $5.4 mn round in Prozo

Noida-based supply chain platform Prozo on Tuesday said it has raised pre-Series B funding of $5.4 million (around Rs 45 ......

Reliance, Ola Electric win incentives in India's $2.4 bn battery scheme, sources say

Manufacturing

17 March, 2022

Reliance, Ola Electric win incentives in India's $2.4 bn battery scheme, sources say

Reliance Industries and Softbank Group-backed Ola Electric will receive incentives under India's $2.4 billion programme to boost local battery cell ......

Weak consumer demand drag passenger vehicle sales down in June

Manufacturing

10 July, 2019

Weak consumer demand drag passenger vehicle sales down in June

India's passenger vehicles sales slumped 17.54% in June, an auto industry body said on Wednesday, resulting in an 18.4% fall ......

Volkswagen, Hyundai partner with former Google, Tesla execs for driverless cars

TMT

08 January, 2018

Volkswagen, Hyundai partner with former Google, Tesla execs for driverless cars

Three former employees from Google, Tesla and Uber have come together to create a startup, Aurora, which has partnered with ......