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- Hyundai Motor India Q2 Results: Standalone profit falls 24% YoY to Rs 1,189 crore, but revenue rises 18%
Hyundai Motors India has reported a standalone net profit of Rs 1,189 crore for Q2 FY27, reflecting a not ...More
Hyundai Motors India has reported a standalone net profit of Rs 1,189 crore for Q2 FY27, reflecting a notable decrease of 24% compared to Rs 1,570 crore during the same period last year. However, their operational revenue has grown to Rs 20,191 crore, representing an 18% increase from Rs 17,061 crore in the corresponding quarter of the previous fiscal year. This performance illustrates the company's resilience amidst shifting market conditions. ...Less
- Hyundai Motor India records highest-ever monthly sales at 82,299 units in October
Hyundai Motor India Limited (HMIL) recorded its highest-ever monthly sales of 82,299 units in October, re ...More
Hyundai Motor India Limited (HMIL) recorded its highest-ever monthly sales of 82,299 units in October, registering a year-on-year growth of 17.7 per cent, driven by strong festive demand and increased sales in both domestic and export markets. ...Less
- Hyundai Motor India to hike production capacity to 1.14 mn units by 2030,boost localisation
Hyundai Motor India plans to raise annual production capacity to 1.14 million vehicles by 2030 and increa ...More
Hyundai Motor India plans to raise annual production capacity to 1.14 million vehicles by 2030 and increase localisation to 92% by 2032 as it expands its manufacturing base in India. The automaker is also broadening its SUV and powertrain portfolio, with more CNG, electric and hybrid offerings, including a mass-market compact electric SUV later this fiscal. ...Less
- Hyundai Motor shares jump 6% even as Q2 net profit declines 24% YoY. Why Nomura, other brokerages remain bullish?
Hyundai Motor India shares rose despite a sharp decline in Q2 FY27 profit as rising commodity costs squee ...More
Hyundai Motor India shares rose despite a sharp decline in Q2 FY27 profit as rising commodity costs squeezed margins. Nomura and Motilal Oswal retained their Buy ratings, citing new model launches, export growth and potential margin recovery. ...Less
- Hyundai Motor India Q2 profit falls 24% despite record sales
Hyundai Motor India’s Q2 FY27 net profit fell 24% to Rs 1,196.2 crore as commodity costs pressured margin ...More
Hyundai Motor India’s Q2 FY27 net profit fell 24% to Rs 1,196.2 crore as commodity costs pressured margins. Revenue rose 19% to Rs 20,696.1 crore, supported by record sales, stronger exports and upcoming vehicle launches. ...Less
- Hyundai Motor India's Q2 profit falls 24% as commodity costs blunt tax-cut boost to demand
Hyundai Motor India reported a profit drop of 24% in the second quarter due to increased raw material cos ...More
Hyundai Motor India reported a profit drop of 24% in the second quarter due to increased raw material costs. Rising commodity prices for materials like copper and steel squeezed profitability despite strong vehicle demand. The company's profit after tax for the quarter was Rs 1,196 crore, down from Rs 1,572 crore the previous year. Total revenue increased significantly to Rs 20,696 crore, marking a record quarter. ...Less
- Hyundai Bayon to launch in India on October 26; check specifications, features and booking price
Hyundai Motor India is preparing to launch the Bayon SUV on October 26, enhancing its vehicle offerings. ...More
Hyundai Motor India is preparing to launch the Bayon SUV on October 26, enhancing its vehicle offerings. Bookings for the vehicle can now be made online or at authorized dealerships. The Bayon will feature a 1.5-litre MPi petrol engine and will offer both manual and automatic transmission options. Additionally, it will include innovative technologies for improved driving experience and responsiveness. ...Less
- Hyundai targets 2.5 lakh annual Creta, Bayon sales as it steps up India SUV push
By FY27, Hyundai Motor India plans to roll out two mass-market SUVs, with one being an electric model. Th ...More
By FY27, Hyundai Motor India plans to roll out two mass-market SUVs, with one being an electric model. The firm anticipates selling 250,000 units of the Creta and Bayon in 2027, with SUV sales comprising 75% of total sales by FY28, up from 68-69% now. Production of the Bayon will occur at the Chennai facility, as part of Hyundai's $15.5 billion investment in India set for 2032. ...Less
- Hyundai reveals ambitious plan at new Bayon launch; Creta to be part of big push as well
The mid-size utility vehicle category, comprising SUVs and MPVs measuring 4-4.4 metres in length, recorde ...More
The mid-size utility vehicle category, comprising SUVs and MPVs measuring 4-4.4 metres in length, recorded sales of around 9 lakh units in the last financial year. The segment accounted for nearly 35% of Hyundai's domestic sales in FY26, with the Creta alone contributing close to 2 lakh units annually over the past two financial years. ...Less
- Festive dispatches drive October car sales to record high
India's passenger vehicle dispatches to dealerships are estimated to have risen 13-14% year-on-year to a ...More
India's passenger vehicle dispatches to dealerships are estimated to have risen 13-14% year-on-year to a record 5.25-5.30 lakh units in October, driven by festive demand. Maruti Suzuki, Mahindra, Hyundai and Kia reported record monthly sales, while two-wheeler and commercial vehicle makers also posted strong growth. ...Less
- Hyundai, Tata, M&M, Maruti, KIA October sales surge amid festive cheer; Renault, Escorts Kubota decline
In October, various automakers experienced different sales results, highlighting a mixed performance acro ...More
In October, various automakers experienced different sales results, highlighting a mixed performance across the industry. Hyundai Motor India observed a 17.7% sales increase, with domestic and export growth. Tata Motors Passenger Vehicles reported an impressive 23% rise in sales, including a 75% increase in electric vehicles. Conversely, Escorts Kubota faced a 10% sales decline during this time period. ...Less
- Indian auto's real test lies ahead after firecracker start to festive season
India’s passenger vehicle dispatches crossed the 5-lakh mark for the first time in October, with wholesal ...More
India’s passenger vehicle dispatches crossed the 5-lakh mark for the first time in October, with wholesales estimated to grow 13-15% year-on-year to 5.25-5.3 lakh units. Maruti Suzuki and Hyundai reported record monthly sales, while commercial vehicle makers also posted strong growth. ...Less
- Jio debuts on D-Street: India’s biggest IPOs delivered negative returns over one month after listing. Will Jio break the curse?
Jio Platforms has marked a significant milestone by successfully launching its market debut following Ind ...More
Jio Platforms has marked a significant milestone by successfully launching its market debut following India’s largest initial public offering, valued at Rs 30,213-crore. While historical trends indicate that stocks often experience negative returns post-major IPOs, initial reports present an optimistic outlook for Jio, with projections suggesting potential for growth as the company aims to expand its technological footprint through cutting-edge innovations across diverse sectors. ...Less
- Jio IPO delivers smaller payday for bankers than other mega offerings
In a landmark move, Jio Platforms, supported by Mukesh Ambani, successfully secured ₹30,213 crore, markin ...More
In a landmark move, Jio Platforms, supported by Mukesh Ambani, successfully secured ₹30,213 crore, marking the largest IPO in India’s history. Investment bankers were rewarded with ₹196 crore in fees, translating to only 0.65% of the total amount raised. In contrast, Hyundai Motor India achieved ₹27,859 crore while paying out a heftier ₹493 crore in fees, which amount to 1.77%. ...Less
- Jio Platforms shares surge 21% on debut, overtake Airtel in market cap
Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the fi ...More
Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the first day of trading. Closing at ₹1,417.35, the stock surpassed Bharti Airtel in market capitalization. With a staggering 22 times oversubscription, the IPO attracted considerable institutional backing. At the launch event, executive director Anant Ambani recognized the invaluable support from millions of subscribers. ...Less
- Hyundai BAYON launched in India: Check price, engine options, tech features & what buyers get with the new SUV
Hyundai BAYON price: Hyundai BAYON launched in India at Rs 9.99 lakh with a 1.5-litre petrol engine expec ...More
Hyundai BAYON price: Hyundai BAYON launched in India at Rs 9.99 lakh with a 1.5-litre petrol engine expectedly producing 115 PS and 143.8 Nm of torque. The SUV comes with six-speed manual and iVT gearbox options, three drive modes, paddle shifters and features such as Dash Boost Mode and Sporty Drive Tech. Here are the key features, engine specifications, transmission options and booking details. ...Less
- Jio’s record India IPO falls short of record payday for bankers
Jio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment ...More
Jio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment banks kept fees relatively low at around 0.65% of the issue size. ...Less
- Jio IPO: Can India’s biggest-ever issue buck the trend of muted listing gains among mega IPOs?
Jio Platforms is gearing up for a groundbreaking debut on October 28, following a remarkable Rs 30,188 cr ...More
Jio Platforms is gearing up for a groundbreaking debut on October 28, following a remarkable Rs 30,188 crore IPO. Historical insights indicate a varied trajectory for past mega IPOs in India. The overwhelming demand is evident from Jio's impressive 22.19 times oversubscription. Analysts are weighing Jio's market dynamics and valuation as they predict potential listing advantages, with investor strategies hinging on both immediate valuations and sustained business growth. ...Less
- Jio IPO GMP today: Grey market signals over 22% listing gains; check allotment, listing date
The issue, which closed for subscription on October 23, received an overwhelming response from investors, ...More
The issue, which closed for subscription on October 23, received an overwhelming response from investors, with the overall subscription reaching 22.19 times the shares on offer. The offering has also become India’s largest-ever IPO, surpassing Hyundai Motor India’s Rs 27,870-crore issue in 2024. ...Less
- RIL shares in focus ahead of Oct 30 earnings, fundraising decision; all eyes on Jio’s mega listing
Reliance Industries will remain in focus ahead of its October 30 board meeting to approve Q2 FY27 results ...More
Reliance Industries will remain in focus ahead of its October 30 board meeting to approve Q2 FY27 results and consider raising funds through non-convertible debentures (NCDs). The fundraising amount and other terms have not been disclosed. Investors will also track RIL as its telecom arm, Jio Platforms, makes its stock market debut, potentially emerging as India’s second-most valuable listed company. ...Less
- Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon Energy
Indian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information ...More
Indian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares experienced significant declines, falling more than 2%. The Nifty 50 index settled at 22,699, down 51 points, indicating ongoing resistance at 22,800. Several companies, including Jio Platforms and Hero MotoCorp, reported their quarterly earnings that impacted market sentiment. ...Less
- India’s IPO league table: How the largest listings opened
Jio Platforms is set to launch its IPO bidding on October 21, offering 27 crore shares without any offer ...More
Jio Platforms is set to launch its IPO bidding on October 21, offering 27 crore shares without any offer for sale. The price band is set between ₹1,065 and ₹1,119 per share, targeting a total of ₹30,213 crore. Following recent IPOs like Hyundai and LIC, which struggled below their original prices, market sentiment is now emphasizing profitability. Analysts will closely monitor Jio's listing amid this competitive landscape. ...Less
- Hyundai Motor India to invest Rs 11,000 crore at Pune plant
Hyundai Motor India announced plans to invest Rs 11,000 crore at its Pune facility in phases. This invest ...More
Hyundai Motor India announced plans to invest Rs 11,000 crore at its Pune facility in phases. This investment aims to expand manufacturing capacity and enhance industrial development in the region. The Pune plant currently has an annual capacity of 170,000 units, which will increase to 320,000 by 2030. This investment follows Hyundai's earlier commitment of $15.5 billion for a comprehensive strategy over seven years. ...Less
- Jio IPO GMP today: All eyes on telecom major’s mega listing this week. What is grey market signalling?
Jio Platforms will list on October 28, with a grey market premium of Rs 247 indicating a potential 22.07% ...More
Jio Platforms will list on October 28, with a grey market premium of Rs 247 indicating a potential 22.07% listing gain. The Rs 30,213-crore IPO was subscribed over 22 times, led by strong institutional demand. ...Less
- Jio effect! Reliance beats Tata to become India's most valued conglomerate
Jio Platforms’ listing has propelled the Reliance Group to become India’s most valuable conglomerate, wit ...More
Jio Platforms’ listing has propelled the Reliance Group to become India’s most valuable conglomerate, with a combined market capitalisation of over Rs 28 lakh crore, surpassing the Tata Group. Jio debuted at Rs 1,358, a 21% premium to its IPO price of Rs 1,119, adding over Rs 12.5 lakh crore to Reliance Group’s market value. ...Less
- Jio Platforms delivers biggest listing gain among India’s 5 largest IPOs, jumps 21% on debut
Jio Platforms shares listed at a 21.35% premium to the IPO price of Rs 1,119, delivering the biggest list ...More
Jio Platforms shares listed at a 21.35% premium to the IPO price of Rs 1,119, delivering the biggest listing-day gain among India’s five largest IPOs by issue size. Brokerages Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings, citing tariff hikes, subscriber monetisation and digital services growth. ...Less
- Bombay High Court questions arrest of Schaeffler India chief after fatal factory accident
The Bombay High Court's ruling comes after an incident on June 9, 2026 left two workers dead from to a ga ...More
The Bombay High Court's ruling comes after an incident on June 9, 2026 left two workers dead from to a gas leak. Harsha Gopal Kadam's arrest followed on October 19, with fresh charges leveled against him. The court emphasised a lack of substantial evidence to warrant his continued custody. ...Less
- Hyundai bets on expansion; hopes to return to No 2 position in PV sales by 2028-29
Hyundai Motor India plans to expand its Talegaon plant to increase production capacity for the domestic m ...More
Hyundai Motor India plans to expand its Talegaon plant to increase production capacity for the domestic market. The company aims to enhance its market share to reclaim the No. 2 position by 2028-29. With an investment of ₹7,000 crore in Maharashtra, Hyundai is focusing on localization and creating new job opportunities. Furthermore, plans to launch 26 new models are expected to strengthen Hyundai's product portfolio. ...Less
- Jio Q2 Preview: First results after listing. What should investors expect?
Jio Platforms will announce its first quarterly results as a listed company on October 30, with brokerage ...More
Jio Platforms will announce its first quarterly results as a listed company on October 30, with brokerages expecting double-digit revenue growth in Q2 FY27. Nomura projects revenue of Rs 40,400 crore and net profit of Rs 7,610 crore, while subscriber additions and ARPU growth will be key metrics for investors. ...Less
- Car registrations plunge 22% this Navratri despite strong deliveries
The fall largely reflects a high base. Last year's Navratri coincided with the rollout of GST 2.0, after ...More
The fall largely reflects a high base. Last year's Navratri coincided with the rollout of GST 2.0, after sales had come to a standstill for half of August and almost all of September. This year, momentum continued even through Shradh, a period considered inauspicious. ...Less
- From 104 shareholders to nearly 80 lakh! Jio becomes India's most widely owned stock on listing day
Jio Platforms has become India’s most widely held listed stock, with 79.6 lakh shareholders following its ...More
Jio Platforms has become India’s most widely held listed stock, with 79.6 lakh shareholders following its blockbuster IPO, overtaking Tata Motors Passenger Vehicles, Reliance Industries and Vodafone Idea. From just 104 shareholders before the issue, Jio attracted over 1.38 crore applications and debuted at a market capitalisation of Rs 12.53 lakh crore. ...Less
- Record galore! Jio IPO claims crown for highest QIB demand among India’s 5 largest issues, edges past NSE
Jio Platforms’ Rs 30,213-crore IPO attracted 12.87 times QIB subscription, surpassing NSE’s institutional ...More
Jio Platforms’ Rs 30,213-crore IPO attracted 12.87 times QIB subscription, surpassing NSE’s institutional demand. Overall subscription reached 5.36 times by Day 2, with a strong grey market premium and positive brokerage recommendations. ...Less
- Maruti Suzuki shares see target price cuts by Jefferies, Nomura, other brokerages after Q2 net profit drops 26% YoY. What’s ahead?
Maruti Suzuki shares post marginal gains despite a 26% YoY decline in Q2 FY27 net profit. Jefferies, Nomu ...More
Maruti Suzuki shares post marginal gains despite a 26% YoY decline in Q2 FY27 net profit. Jefferies, Nomura and Elara Capital lower their target prices, citing weaker margins and financial income, even as record sales volumes and strong revenue growth offer support. ...Less
- Rs 30,213 crore, 100 minutes, Rs 2.5 lakh crore: How Jio IPO broke 3 records even before listing
Reliance Industries’ Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming India ...More
Reliance Industries’ Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming India’s largest-ever public offering and getting fully subscribed within 100 minutes of opening. The IPO surpasses Hyundai Motor India’s Rs 27,870 crore issue in 2024. At the upper end of its Rs 1,065–1,119 price band, Jio Platforms is valued at around Rs 10.3 lakh crore. The issue closes on October 23. ...Less
- Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target
Shares of Jio Platforms listed at Rs 1,359 on BSE and NSE, a premium of 21% over the IPO price. Nomura se ...More
Shares of Jio Platforms listed at Rs 1,359 on BSE and NSE, a premium of 21% over the IPO price. Nomura set a target price of Rs 1,340, implying 20% upside from the issue price of Rs 1,119. The brokerage cites Jio’s leadership in wireless subscribers, data traffic and home broadband, adding that its listing could support steady tariff hikes and drive monetisation. ...Less
- Jio Platforms Listing Today: Rs 30,213 crore IPO eyes strong debut on Dalal Street
JIo IPO Listing: In a landmark event, Jio Platforms' shares are set to launch in the stock market today a ...More
JIo IPO Listing: In a landmark event, Jio Platforms' shares are set to launch in the stock market today after a historic IPO. The exceptional investor demand is underscored by a strong grey market premium, signaling optimistic initial pricing. Market analysts foresee that Jio's vast subscriber network and future expansion capabilities will drive further interest. ...Less
- Jio IPO breaks multiple records: From fundraising to investor demand, how the mega issue rewrote India’s IPO history
The issue set records across fundraising, anchor investor demand and applications, while attracting the h ...More
The issue set records across fundraising, anchor investor demand and applications, while attracting the highest qualified institutional buyer (QIB) subscription among India’s five largest IPOs. It was fully subscribed within 100 minutes of opening and received nearly 1.4 crore applications, according to figures compiled for the issue. ...Less
- Jio Platforms IPO creates history: First issue globally to cross 1 crore applications
Jio Platforms has received over 1 crore applications, setting a global record for investor participation ...More
Jio Platforms has received over 1 crore applications, setting a global record for investor participation ahead of its October 23 closing. The Rs 30,213-crore issue was subscribed 7.49 times by 12:36 pm on Friday, led by strong demand from qualified institutional buyers and non-institutional investors. ...Less
- Hyundai Motor to plug $15.5 billion in India's automotive sector
Hyundai Motor Group intends to invest $15.5 billion in India between 2026 and 2032. This investment aims ...More
Hyundai Motor Group intends to invest $15.5 billion in India between 2026 and 2032. This investment aims to position India as a key market for the company's growth and expansion. The discussions about this initiative occurred during a meeting with Prime Minister Narendra Modi Ji. Executive Chair Euisun Chung emphasized the importance of India for next-generation automotive innovation. ...Less
- Ambani pulls off a blockbuster: Jio IPO makes 13 records, rewrites Dalal Street history
Jio Platforms celebrated a remarkable achievement with its IPO, raising Rs 30,188 crore and drawing an un ...More
Jio Platforms celebrated a remarkable achievement with its IPO, raising Rs 30,188 crore and drawing an unprecedented wave of investor interest. Over 1.38 crore applications poured in, breaking previous records for both institutional bids and public participation in Indian IPOs. The shares were issued solely as new equity, reinforcing the strong appeal and confidence in the Indian market offerings. ...Less
- Stocks in news: Adani Enterprises, Hyundai Motor India, BHEL, BEL, Groww, Tata Elxsi and RailTel
Indian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positiv ...More
Indian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positive investor sentiment. Key players like Adani Enterprises and Hyundai Motor India are capturing attention due to significant recent updates. While Tata Elxsi experienced a minor dip in net profit, revenue and EBIT improvements were encouraging. Furthermore, Bharat Electronics has secured fresh orders totaling Rs 533 crore, enhancing its order backlog. ...Less
- Stocks in news: Jio Platforms, RIL, Infosys, L&T, Tata Capital, Waaree Energies and Vedanta Iron
Indian benchmark indices saw a volatile session amid the Nifty and Bank Nifty monthly expiry. Stocks like ...More
Indian benchmark indices saw a volatile session amid the Nifty and Bank Nifty monthly expiry. Stocks like Jio Platforms made headlines following its IPO debut after raising significant funds. Reliance Industries remained a focus as its financial results and fundraising plans were announced. Infosys successfully implemented a transformation project for Syngenta, enhancing operations and governance. Tata Capital reported a substantial profit increase, driven by loan growth and higher interest income. ...Less
- Jio IPO draws Rs 2.5 lakh crore in anchor bids from over 70 investors
Jio Platforms’ Rs 30,188 cr IPO has attracted institutional bids worth around Rs 2.5 lakh cr, more than 3 ...More
Jio Platforms’ Rs 30,188 cr IPO has attracted institutional bids worth around Rs 2.5 lakh cr, more than 30 times the size of its anchor book. Over 70 investors, including global asset managers, sovereign wealth funds, domestic mutual funds and insurers, have expressed interest ahead of the October 21 opening. ...Less
- Jio IPO: LIC, BlackRock, Fidelity, GIC among 212 anchor investors to pour Rs 8,110 crore
Jio Platforms successfully raised approximately Rs 8,110 crore from 212 anchor investors before its upcom ...More
Jio Platforms successfully raised approximately Rs 8,110 crore from 212 anchor investors before its upcoming IPO. The company allotted shares to well-known investors such as LIC, BlackRock, and Fidelity. These allocations indicate strong interest from both domestic and global institutional investors. The IPO is expected to surpass the previous record held by Hyundai Motor India. Jio Platforms aims to achieve an equity valuation of nearly Rs 10.3 lakh crore. ...Less
- Reliance Industries shares rise 3% as Jio sets price band for possibly biggest-ever issue. What shareholders must know
Shares of Reliance Industries rose 3% after Jio Platforms announced its IPO, comprising 27 crore new shar ...More
Shares of Reliance Industries rose 3% after Jio Platforms announced its IPO, comprising 27 crore new shares anticipated to garner Rs 30,213 crore. With 35% of shares earmarked for retail investors and a cut-off date of October 14 for current shareholders, Jio Platforms is primed to enhance its foothold in the consumer tech and digital infrastructure sectors. ...Less
- Jio IPO closes today: Will it deliver a double-digit listing gain or become a long-term compounder?
Jio Platforms will wrap up its IPO bidding today, setting a new benchmark as India's largest public offer ...More
Jio Platforms will wrap up its IPO bidding today, setting a new benchmark as India's largest public offering to date. With an overwhelming interest from investors, substantial gains are forecasted when the shares list. Analysts from various brokerages endorse participation, highlighting Jio's robust leadership in the digital market, with growth prospects that cover cloud services and enterprise solutions beyond telecommunications. ...Less
- Jio IPO vs Airtel shares: Which telecom giant offers greater valuation comfort to investors?
The Rs 30,213-crore public offering comprises an entirely fresh issue of 27 crore shares. If completed as ...More
The Rs 30,213-crore public offering comprises an entirely fresh issue of 27 crore shares. If completed as planned, it will become India’s largest-ever initial public offering (IPO), surpassing Hyundai Motor India’s record set in 2024. ...Less
- Hyundai Motor to invest $15.5 billion in India by 2032
Hyundai Motor Group announced plans to invest $15.5 billion in India from 2023 to 2032. This investment a ...More
Hyundai Motor Group announced plans to invest $15.5 billion in India from 2023 to 2032. This investment aims to enhance manufacturing operations and support growth in the automotive sector. The group recognizes India's importance as a strategic market for future mobility. As part of the investment, Hyundai will also focus on research and development activities and infrastructure enhancement. ...Less
- Mega Jio Platforms IPO to lead Rs 31,663 crore offerings this week; 9 listings lined up
India’s primary market is set for a busy week, led by Reliance Jio Platforms’ Rs 30,213 crore IPO and Par ...More
India’s primary market is set for a busy week, led by Reliance Jio Platforms’ Rs 30,213 crore IPO and Paras Healthcare’s Rs 1,450 crore issue. Both IPOs open on October 21. Nine companies are also scheduled to list, including six on the mainboard and three on SME platforms. ...Less
- Will Ambani's all-fresh Jio sale prove to be a masterstroke for investors?
Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not ...More
Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not existing ones. In light of mixed results from recent Indian IPOs, this move aims to cut down Jio's debt while bolstering its financial standing. The company's IPO, valued at Rs 10. ...Less
- Jio IPO: Meta, Google sit on nearly ₹1 lakh crore paper profit & neither is selling
Meta Platforms and Google are poised to realize significant gains from their Jio investment made in 2020. ...More
Meta Platforms and Google are poised to realize significant gains from their Jio investment made in 2020. To bolster its growth, Jio Platforms is moving forward with an initial public offering planned to raise around ₹30,213 crore, achieving a valuation of ₹10.3 lakh crore. Neither Meta nor Google plans to divest shares in this round as existing backers maintain their stakes. ...Less
- Jio’s mega IPO draws strong interest from global funds
Investors that have shown interest in the anchor book include the Government of Singapore Investment Corp ...More
Investors that have shown interest in the anchor book include the Government of Singapore Investment Corporation (GIC), Fidelity, Norway's Government Pension Fund Global, New World Fund Inc and Smallcap World Fund Inc, besides those cited above, the people said. ...Less
- Not-so smooth ride: Auto industry faces cost squeeze as steel, freight prices surge, more hikes likely
The Indian automobile industry is currently grappling with rising input and freight costs due to geopolit ...More
The Indian automobile industry is currently grappling with rising input and freight costs due to geopolitical uncertainties. Prices of key commodities like HR steel and aluminum have surged significantly over the past year. Major car manufacturers have already implemented multiple price hikes and are considering more after the festive season. Despite these challenges, overall auto sales have recorded strong growth in the first half of this fiscal year. ...Less
- Hyundai Motor Group to invest $15.5 billion in India in seven years
Hyundai Motor Group will invest $15.5 billion in India by 2032 to expand manufacturing operations and R&D ...More
Hyundai Motor Group will invest $15.5 billion in India by 2032 to expand manufacturing operations and R&D capabilities. This investment aims to strengthen the local automotive ecosystem while fostering partnerships with local suppliers. Additionally, the group will establish a dedicated investment entity in India to coordinate these efforts. The comprehensive investment is expected to create numerous job opportunities across various sectors. ...Less
- Jio Platforms files red herring prospectus for India’s biggest public issue
Jio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise ₹30,2 ...More
Jio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise ₹30,213 crore. The IPO includes a fresh sale of up to 270 million equity shares, with no offer for sale component. Parts of the proceeds will be used to prepay significant borrowings at Reliance Jio Infocomm. Eligible shareholders of Reliance Industries can apply for shares in this IPO. ...Less
- Toyota to add annual capacity of 100,000 units at Karnataka plant from early 2027
Toyota Motor aims to enhance production capacity at its Bidadi facility to accommodate increasing demand ...More
Toyota Motor aims to enhance production capacity at its Bidadi facility to accommodate increasing demand for the Innova Hycross. The company intends to add an annual capacity of 100,000 vehicles starting January, depending on market demand. While utility vehicle sales are strong, there is also renewed interest in small cars across rural areas. Lowered GST rates have provided more affordable options for entry-level car buyers in the market. ...Less
- Jio IPO to open on October 21: 10 things to know about the Rs 30,000 crore mega issue
Jio Platforms will open its Rs 30,000 crore IPO for subscription on October 21, with anchor investor bidd ...More
Jio Platforms will open its Rs 30,000 crore IPO for subscription on October 21, with anchor investor bidding scheduled for October 19. The issue could become India’s largest-ever public offering, surpassing Hyundai Motor India’s record IPO. Here are 10 key details on issue size, dates, shareholder quota, financials and valuation. ...Less
- October 13 or 14? What was the deadline to buy RIL shares for Jio IPO reservation?
Reliance Industries shareholders had to buy shares by October 13 to qualify for Jio Platforms’ Rs 2,500 c ...More
Reliance Industries shareholders had to buy shares by October 13 to qualify for Jio Platforms’ Rs 2,500 crore shareholder quota. The IPO opens October 21, with shares priced at Rs 1,065-1,119 and listing expected October 28. ...Less
- Stocks in news: Reliance Industries, Eternal, IREDA, Yes Bank, Trent and Hindustan Zinc
Indian equity benchmarks experienced a decline as profit-booking occurred amid rising crude oil prices. T ...More
Indian equity benchmarks experienced a decline as profit-booking occurred amid rising crude oil prices. The Nifty 50 dropped significantly, closing at 22,889 after disappointing corporate earnings. Reliance Industries aims to raise funds through its initial public offering today, which is highly anticipated. Other companies such as IREDA and Yes Bank reported mixed financial results for the quarter. Investors are closely monitoring these developments and their potential market impacts. ...Less
- Jio Platforms IPO: How Reliance, Meta, Google and other investors’ stakes will change post the offer
Jio Platforms’ Rs 30,213 crore IPO will dilute the percentage stakes of existing investors, including Rel ...More
Jio Platforms’ Rs 30,213 crore IPO will dilute the percentage stakes of existing investors, including Reliance Industries, Meta and Google, while leaving their share counts unchanged. At the upper end of the price band, Jio is expected to be valued at Rs 10.3 lakh crore, more than double the valuation at which most investors entered in 2020. ...Less
- Reliance Jio IPO: With tech muscle, Akash Ambani makes $1.4 trillion digital economy pitch to investors
Akash Ambani is positioning Jio Platforms to capture a significant share of India’s projected $1.4 trilli ...More
Akash Ambani is positioning Jio Platforms to capture a significant share of India’s projected $1.4 trillion digital economy by FY31. Ahead of its Rs 30,213 crore IPO, he highlighted 7,200 patents, 5G leadership and technology partnerships. ...Less
- How Akash, Isha Ambani’s missed college assignment led to the creation of Rs 10 lakh crore Jio
A failed college assignment by Isha Ambani helped spark the idea for Jio, which is now preparing for a Rs ...More
A failed college assignment by Isha Ambani helped spark the idea for Jio, which is now preparing for a Rs 30,213 crore IPO at a valuation of around Rs 10.3 lakh crore. Akash Ambani said the proceeds would go towards debt reduction, as Reliance seeks to unlock value from its digital business. ...Less
- Jio IPO sparks investor buzz: GMP rises to 20% as Reliance’s telecom arm announces price band, dates
Jio Platforms’ IPO grey market premium climbed to Rs 220 after the company filed its red herring prospect ...More
Jio Platforms’ IPO grey market premium climbed to Rs 220 after the company filed its red herring prospectus (RHP) on Wednesday. The GMP implies a nearly 20% premium over the upper price band of Rs 1,119. The Rs 30,213 crore IPO, opening on October 21 and closing on October 23, is set to surpass Hyundai Motor India’s 2024 offering to become India’s largest-ever public issue. ...Less
- Jio partnership helps Google’s Gemini add 13 million paid subscribers in India, Akash Ambani says
Akash Ambani said Reliance Jio’s partnership with Google on Gemini goes beyond distribution to create new ...More
Akash Ambani said Reliance Jio’s partnership with Google on Gemini goes beyond distribution to create new markets, drawing a parallel with Jio’s approach to data. Speaking at Jio’s IPO press conference on Thursday, he said the collaboration had resulted in Gemini adding 13 million new subscribers to its paid service. ...Less
- Diwali offer for RIL shareholders! Reliance Jio sets aside Rs 2,500 crore shares in IPO reservation
Reliance Jio has reserved up to Rs 2,500 crore worth of shares for eligible Reliance Industries sharehold ...More
Reliance Jio has reserved up to Rs 2,500 crore worth of shares for eligible Reliance Industries shareholders in its upcoming IPO. The quota offers RIL investors a direct route to apply for Jio Platforms shares. The IPO opens on October 21, with anchor investor bidding starting October 19. ...Less
- Race for Jio IPO bidding: Can you buy RIL shares now to access Rs 2,500 crore shareholder quota?
Reliance Jio has fixed a record date of October 14, 2026, for eligible shareholders of Reliance Industrie ...More
Reliance Jio has fixed a record date of October 14, 2026, for eligible shareholders of Reliance Industries. This date will determine who can apply for the reserved shares under the shareholder quota. The IPO aims to raise approximately Rs 30,213 crore through fresh equity shares. Eligible investors must apply under the normal IPO process and select the shareholder category. ...Less
- Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free status
Jio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net ...More
Jio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani also highlighted opportunities in India's projected $1.4 trillion digital economy by FY31. ...Less
- RBL Bank among 4 F&O stocks with a sharp rise in futures open interest
Four NSE F&O stocks, including RBL Bank, Ujjivan Small Finance Bank, Tube Investments of India, and Hyund ...More
Four NSE F&O stocks, including RBL Bank, Ujjivan Small Finance Bank, Tube Investments of India, and Hyundai Motor India, saw a surge of over 10% in futures open interest on October 13, according to StockEdge data. The rise signals fresh position building and increased trader activity in these counters. ...Less
- Jio announces price band for over Rs 30,000 crore IPO. Check key dates, GMP and other details
Jio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the ...More
Jio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the price band, Jio Platforms could raise Rs 28,755 crore. At the cap price of Rs 1,119, the IPO size would rise to about Rs 30,213 crore. ...Less
- Tata Elxsi shares jump 7% after Q2 results, but Morgan Stanley, Motilal Oswal reiterate bearish calls
Tata Elxsi Share Price: Tata Elxsi shares rallied up to 7% after the company reported 10% year-on-year pr ...More
Tata Elxsi Share Price: Tata Elxsi shares rallied up to 7% after the company reported 10% year-on-year profit growth and 15% revenue growth in the September quarter. Morgan Stanley, Motilal Oswal and JM Financial maintained cautious ratings, citing valuations, European automotive weakness and a gradual deal ramp-up. ...Less
- Oil Price Today (October 14): Crude oil gains to $107 as Houthis attack Saudi Aramco building in new attacks. What are experts saying?
Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) cru ...More
Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) crude futures gained $1.24, or 1.32%, to $95.38. Brent had fallen 0.9% on Tuesday, while WTI rose 0.4%. ...Less
- Akash, Isha Ambani's birthday to mark close of Reliance Jio's mega IPO
Akash and Isha Ambani’s birthday on October 23 coincides with the closing day of Reliance Jio’s Rs 30,000 ...More
Akash and Isha Ambani’s birthday on October 23 coincides with the closing day of Reliance Jio’s Rs 30,000 crore IPO. The listing marks a milestone for the telecom and digital business, which the twins have helped shape since its early years, as Jio prepares to enter India’s public markets. ...Less
- Reliance Jio IPO at Rs 10 lakh crore valuation: What analysts see in the price band
Reliance Jio has announced its IPO price range, setting it between Rs 1,065 and Rs 1,119 per share. With ...More
Reliance Jio has announced its IPO price range, setting it between Rs 1,065 and Rs 1,119 per share. With a massive valuation of around Rs 10.3 lakh crore, this IPO stands as the largest in Indian history. While analysts believe the valuation is reasonable, they warn that anticipated growth may already be priced in. ...Less
- From Rs 1,000 in 1977 to Rs 52 lakh today: The Reliance wealth story behind Jio’s Rs 10.3 lakh crore valuation in mega IPO
A Rs 1,000 investment in Reliance Industries’ 1977 IPO could be worth nearly Rs 52 lakh today, including ...More
A Rs 1,000 investment in Reliance Industries’ 1977 IPO could be worth nearly Rs 52 lakh today, including shares received through the Jio Financial Services demerger. As Jio Platforms prepares for its Rs 30,200 crore IPO at a Rs 10.3 lakh crore valuation, investors will assess its growth prospects and pricing. ...Less
- Reliance Jio IPO: GMP already seeing 'Ambani premium' ahead of record issue launch
Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey ...More
Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey market prices indicate a robust premium. Analysts suggest a potential 15-16% rise over the anticipated price range, with estimated proceeds around Rs 30,200 crore, marking this as India's largest public offering. Jio aims to redefine its image as a technology powerhouse, with further details on pricing and plans expected soon. ...Less
- Strong buzz! Reliance Jio said to see over $20 billion bids as investors line up for India's biggest IPO
Jio Platforms has received over $20 billion in bids ahead of its proposed IPO, Bloomberg reported, with g ...More
Jio Platforms has received over $20 billion in bids ahead of its proposed IPO, Bloomberg reported, with global investors including Fidelity, Allianz and Capital Group expressing interest. The issue could raise around Rs 30,200 crore at a valuation of Rs 10.3 lakh crore, making it India’s largest-ever IPO. ...Less
- Hyundai Motor India records 'highest-ever' monthly sales in Sept at 77,916 units
Hyundai Motor India registered a total of 77,916 units sold in September 2026. This figure includes 57,16 ...More
Hyundai Motor India registered a total of 77,916 units sold in September 2026. This figure includes 57,166 units sold domestically, reflecting strong demand. Exports also showed growth, reaching 20,750 units during the same period. The company reported a year-on-year growth of 10.8 per cent across total sales. Tarun Garg, MD & CEO, expressed satisfaction with these record-breaking sales figures. ...Less
- Automakers ramp up production, inventory as festive demand picks up
Automakers in India are increasing production and optimizing dealer inventories in anticipation of the fe ...More
Automakers in India are increasing production and optimizing dealer inventories in anticipation of the festive season. Maruti Suzuki and Hyundai Motor India are addressing pending bookings to meet consumer demand effectively. Mahindra & Mahindra has also enhanced its manufacturing capacity for utility and electric vehicles. These efforts aim to balance supply and demand during major festive holidays. Overall, automakers are focused on ensuring vehicle availability for customers. ...Less
- Exclusive | Countdown begins for the mother of all IPOs: Jio likely to file RHP today for record Rs 30,000 crore issue
Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India’s larg ...More
Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India’s largest-ever share sale. The Reliance Industries subsidiary is expected to open the issue for subscription from October 21 to 23. The IPO may value Jio at up to Rs 10.3 lakh crore, with a likely price band of Rs 1,065–1,119 per share. Existing investors are not expected to sell their stakes. ...Less
- Behind big billions, the China hedge begins to take shape in India
Hyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiati ...More
Hyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiative aims to strengthen local manufacturing and expand research and development facilities. Attracting global interest, especially with competitors like Toyota and Suzuki also enhancing their footprint, Hyundai’s success hinges on optimizing logistics and harnessing skilled labor for maximum output. ...Less
- Reliance Jio IPO: Likely price band for India's biggest listing revealed. Check details
Jio Platforms has set a price band of Rs 1,065-1,119 for its upcoming IPO. The company plans to raise bet ...More
Jio Platforms has set a price band of Rs 1,065-1,119 for its upcoming IPO. The company plans to raise between Rs 28,755 crore and Rs 30,213 crore with the offer. Public subscription is scheduled to start on October 21, with shares potentially listing on October 28. ...Less
- Will analysts' predictions go wrong? 15 auto stocks with upside potential of up to 50% to as low as negative 1%
For anyone trying to figure out where the economy is headed in the next six months, the numbers to watch ...More
For anyone trying to figure out where the economy is headed in the next six months, the numbers to watch will come from auto showrooms. The auto sector has, for long, provided the earliest indications of the health of the economy. And the sales numbers it puts out ahead of the festive weeks are where the correlation is best seen. So, keep a close watch on the auto pack. ...Less
- Exclusive | Akash, Isha Ambani take Rs 30,000 crore Jio IPO pitch global; marquee investors seek bigger stakes
Jio Platforms’ proposed Rs 30,000 crore IPO is set to be one of India’s biggest public issues, with Akash ...More
Jio Platforms’ proposed Rs 30,000 crore IPO is set to be one of India’s biggest public issues, with Akash and Isha Ambani leading global investor outreach. Existing investors, including Meta and Google, are not looking to exit, with some reportedly seeking to raise their stakes as Jio targets a valuation of up to Rs 10.3 lakh crore. ...Less
- Jio IPO may be valued at Rs 11 lakh crore: What it means for RIL, Bharti Airtel and telecom stocks
Jio Platforms’ proposed Rs 30,000 crore IPO could become India’s biggest-ever share sale, valuing Mukesh ...More
Jio Platforms’ proposed Rs 30,000 crore IPO could become India’s biggest-ever share sale, valuing Mukesh Ambani’s digital business at up to Rs 11 lakh crore. With global and domestic investors showing interest, the listing will test Jio’s valuation against Bharti Airtel, potentially reshape telecom sector dynamics and offer investors a direct route to participate in Reliance’s digital growth story. ...Less
- Jio Platforms IPO: Rs 37,700 crore issue likely to open on Oct 21
Jio Platforms is preparing to launch what is anticipated to be India's largest initial public offering. S ...More
Jio Platforms is preparing to launch what is anticipated to be India's largest initial public offering. Scheduled around Dussehra, the IPO is estimated at $4 billion and will likely occur later this month. The company aims to complete its IPO process, including listing, before October 30. Proceeds from the IPO will primarily be used for prepaying borrowings and general corporate purposes. ...Less
- Tata Motors PV, Maruti Suzuki, Ashok Leyland, auto stocks drop up to 3% as RBI signals rate cuts are ‘off the table’
Auto stocks including Tata Motors PV, Maruti Suzuki, M&M and Ashok Leyland dropped on Wednesday after the ...More
Auto stocks including Tata Motors PV, Maruti Suzuki, M&M and Ashok Leyland dropped on Wednesday after the RBI raised the repo rate and shifted to calibrated tightening. Analysts expect Q2 revenue growth to remain strong, but rising commodity costs, limited pricing power and elevated inventories could pressure margins and demand. ...Less
- Consumer companies score low on R&D spending amid innovation chorus
Indian consumer firms are asserting their commitment to technology and innovation, yet their investment i ...More
Indian consumer firms are asserting their commitment to technology and innovation, yet their investment in research and development (R&D) remains unremarkably low. Analysis reveals that R&D spending barely rose to an average of 0.9% of sales, with prominent companies like ITC, Britannia, and Hindustan Unilever experiencing stagnant or even decreasing funding. ...Less
- Indian automakers post higher September sales as dealers stock up for festive season
Indian automakers reported increased sales in September as dealers stocked up for the festive season. Hyu ...More
Indian automakers reported increased sales in September as dealers stocked up for the festive season. Hyundai Motor India achieved a 10.8% sales increase, driven by customer enthusiasm and the opening of bookings for the new Hyundai Bayon. Mahindra & Mahindra saw a 14% rise in domestic sales due to demand for sports utility vehicles, despite falling tractor sales. ...Less
- Positive Breakout: These 8 stocks cross above their 200 DMAs
As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is general ...More
As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend. ...Less
- Positive Breakout: These 6 stocks cross above their 200 DMAs
As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is general ...More
As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend. ...Less
- Auto makers post strong sales ahead of festive season
In September, automotive sales in India showed remarkable growth due to increased demand following the GS ...More
In September, automotive sales in India showed remarkable growth due to increased demand following the GST rate cuts. Maruti Suzuki led the market with a notable 37% sales increase, delivering 181,838 units. Other automakers, including Tata Motors and Mahindra & Mahindra, also reported substantial growth in passenger vehicle sales. However, challenges such as commodity costs and diesel prices remain areas of concern for the industry. ...Less
- Hyundai Motor India opens booking for Bayon at Rs 11,000; check how to book, specifications & more
Hyundai Motor India Limited has announced the opening of bookings for the Hyundai Bayon, which features a ...More
Hyundai Motor India Limited has announced the opening of bookings for the Hyundai Bayon, which features advanced technology. The Bayon includes an in-built generative AI voice assistant and is based on the Global K Enhanced Platform. It is specifically designed for Indian customers seeking intelligence, comfort, and style in their vehicles. Interested customers can book the SUV online or at any authorized dealership with an initial payment. ...Less
- Your car knows where you go. Insurers, lenders and automakers want to know too
Connected cars continuously generate data regarding various attributes like location, driving patterns, a ...More
Connected cars continuously generate data regarding various attributes like location, driving patterns, and vehicle diagnostics. This data collection offers manufacturers and service providers insights to enhance their offerings. Diverse stakeholders can leverage this information, including insurers and fleet managers, to better assess risks and operational efficiencies. However, concerns about data privacy and user consent complicate the monetization landscape. ...Less
- NSE’s modest listing puts spotlight on muted gains from big IPOs
The National Stock Exchange saw a solid 2% rise on its debut day following its IPO. In recent months, sev ...More
The National Stock Exchange saw a solid 2% rise on its debut day following its IPO. In recent months, several major IPOs in India have struggled after their launch, with Hyundai Motor India and LIC experiencing steep losses on their first day. Conversely, LG Electronics India enjoyed a strong debut, while ICICI Prudential Asset Management held above its initial offer price. ...Less
- India’s IPO pipeline swells despite muted equity market
India's primary market is thriving with a significant increase in the number of IPOs and issue amounts. I ...More
India's primary market is thriving with a significant increase in the number of IPOs and issue amounts. In contrast, the secondary market has experienced notable declines in equity indices. While foreign investor interest in listed stocks has dwindled, they remain active in the IPO space. Several leading companies have successfully gone public, contributing to the primary market's resilience. ...Less
- NSE IPO closes with 5.71x subscription, bids cross Rs 90,000 crore
Investor enthusiasm surged on the final day of the National Stock Exchange's landmark IPO, with qualified ...More
Investor enthusiasm surged on the final day of the National Stock Exchange's landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve times. Retail interest was also robust, nearly doubling their intended allocation. The shares are set to debut on the BSE on September twenty-fourth, marking the end of a lengthy journey that included prior regulatory hurdles. ...Less
- NSE pays 20 banks Rs 186 crore in fees for IPO
The National Stock Exchange paid ₹186 crore to 20 advisory banks for its $2.4 billion IPO. At 0.82% of th ...More
The National Stock Exchange paid ₹186 crore to 20 advisory banks for its $2.4 billion IPO. At 0.82% of the total issue, the fee structure remains well below India’s market average, despite the IPO drawing strong institutional demand with a 5.7x overall subscription. ...Less
- A record run! NSE IPO draws Rs 90,000 crore demand, takes subscription crown among India’s 5 largest offerings
NSE IPO GMP Live Updates: The Rs 22,561.57 crore public issue, the second-largest IPO in India by issue s ...More
NSE IPO GMP Live Updates: The Rs 22,561.57 crore public issue, the second-largest IPO in India by issue size after Hyundai Motor India, received bids for 50,58,11,384 shares against 8,86,42,911 shares on offer. This translated into an overall subscription of 5.71 times at the close of the bidding window, according to NSE data. ...Less
- NSE to debut in test of India investor faith in long-term growth
The National Stock Exchange of India Ltd. is set to launch its trading journey following a successful IPO ...More
The National Stock Exchange of India Ltd. is set to launch its trading journey following a successful IPO that raised $2.4 billion. Despite robust interest from institutional investors, retail participation has been less enthusiastic. Concerns over the exchange's valuation have left smaller investors feeling uneasy. Major institutional players are betting on NSE's ability to manage impending regulatory hurdles, while its stock's future movements will likely rely on forthcoming market supply. ...Less
- Auto sales: Strong festive demand may be hit by low dealer stocks, supply constraints
As the festive season approaches, car manufacturers are grappling with low inventory levels despite a sur ...More
As the festive season approaches, car manufacturers are grappling with low inventory levels despite a surge in customer bookings. Supply constraints present a formidable hurdle, particularly for Maruti Suzuki, which currently has a backlog of over 200,000 orders with dwindling stock. Anticipating a slowdown in growth, Hyundai Motor India is ramping up production to accommodate the expected rise in demand. ...Less