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ELECTRIC CARMAKERS IPOS
Elon Musk never stopped believing today's impossibility can become tomorrow's reality: Anand MahindraElon Musk has achieved a historic milestone becoming the world's first trillionaire after SpaceX's successful stock market debut. Mahindra ...- India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
- Sebi approves IPO plans of Neolite Lightings, Aspri Spirits and SS RetailSebi approved IPO plans of Neolite ZKW Lightings, Aspri Spirits and SS Retail, enabling them to raise funds through fresh issues and OFS ro...
- Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
- Hit and miss in 2024, but what's the future for India's Rs 8,000 crore-plus IPOsThe Indian IPO market witnessed large-scale issues this year, with mixed results. Hyundai's IPO underperformed, while Swiggy and NTPC Green...
- Hyundai Motor India's IPO gets Sebi greenlight, sources sayIndia's market regulator has approved an initial public offering of Hyundai Motor India , two sources with direct knowledge of the matter t...
- Hyundai’s IPO Is Poised to Boost Indian Automakers’ ValuationsHyundai Motor India Ltd. plans a significant share sale, potentially valuing its Indian unit at $25 billion. Analysts believe this could el...
- Hyundai Motor IPO: 10 things investors should know about the public offerHyundai Motor's Indian arm has filed preliminary papers with SEBI for a $2.5-$3 billion IPO. The company aims to raise funds by selling sha...
- Tata Technologies to boost hot Indian IPO market on trading debutThe sale comes as India logs a record number of listings in 2023, fueled by a booming stock market and optimism about the country’s economi...
- Renault CEO says free float of future electric unit will be less than 10%Renault's CEO, Luca De Meo, said that a significant portion of the French car manufacturer's future electric vehicle unit, Ampere, could be...
- Porsche ignites blockbuster IPO, defying market turmoilEven as markets worldwide suffer from surging inflation and mounting recession fears, the maker of the 911 sports car has pushed ahead with...
- Porsche to debut amid market tumult in historic IPOPorsche was and is the pearl in the Volkswagen Group," Chris-Oliver Schickentanz, chief investment officer at fund manager Capitell, said. ...
- Volkswagen to build 800,000 fully-electric cars this yearThe company said it is working towards making half of its global output all-electric by 2030.
- Volkswagen to challenge Rivian, Ford with electric Scout SUVThe carmaker would invest around 100 million euros ($105.52 million) in the new brand, the people said, potentially seeking external fundin...
- Tesla's Elon Musk exercises more options, sells $973 million for taxesElon Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the S...
- Elon Musk says high production, breakeven cash flow 'true test' for Rivian"There have been hundreds of automotive startups, both electric and combustion, but Tesla is (the) only American carmaker to reach high vol...
- Volvo plans $2.9 Billion IPO to fund electric vehicle plansThe money raised from the IPO will help fund Volvo's lofty ambitions. The company aims to nearly double sales by 2025 to 1.2 million vehicl...
- Volkswagen draws up plans to carve out LamborghiniThey said the German carmaker is looking to make Lamborghini a more independent unit within its stable of car brands and is discussing long...
- China's Tesla wannabe tests investor taste for electric carsThe Chinese upstart seeking to take on the likes of Tesla Inc., started trading on the New York Stock Exchange after raising about $1 billi...
- Growing LED market, right price make Varroc Engineering a good buyThe company has 36 plants across the world, of which 25 are in India.
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