Tag: Hyundai

The Future of EVs in India: Policy Revisions and Expanding Opportunities

Manish Kumar

India, poised to become a significant player in the global electric vehicle (EV) industry, is revamping its EV policy to attract both domestic and international automakers. Initially designed to entice Tesla into local manufacturing, the policy has undergone significant changes after the U.S. automaker opted out of its plans earlier this year. The updated incentives, set to be finalized by March 2025, aim to broaden the scope for EV investments and production, leveraging existing automotive infrastructure while encouraging innovation. This shift reflects India’s ambition to reduce carbon emissions, strengthen its…

Nine IPOs Worth Rs 11,000 Crore to Hit the Market Next Week Amid Positive Sentiment

Manish Kumar

Three Major Listings Also Set to Take Place, Including Hyundai Motor India Despite the ongoing correction in the equity markets, the momentum in the primary market remains strong, with nine Initial Public Offerings (IPOs) worth nearly Rs 11,000 crore set to launch next week, starting from October 21. Both the mainboard and SME segments are gearing up for a flurry of activity, and three companies, including Hyundai Motor India, are scheduled for listing. While the benchmark indices—Nifty 50 and BSE Sensex—have experienced corrections for three consecutive weeks, experts believe that…