News Overview

Hyundai Motor India aims to raise ₹27,870.16 crore through this IPO, as existing shareholders sell their stake via the OFS.

The company's revenue from operations increased by 8.2%, totaling ₹28,862 Crore, compared to ₹26,672 Crore in the same quarter last year.

Prior to the IPO launch, Garuda Construction raised ₹75 crore from institutional investors through its anchor book on October 7.

After staying under 4% for two months in a row, the India CPI inflation spiked by 184 basis points in Sep-24

The settlement comes after the airline raised Rs 3,000 crore in a QIP.

According to the power ministry, the country's present transmission capacity is approximately 480,000 circuit kilometres of transmission lines.

The F&O ban will remain in place until the open interest for these stocks falls below 80% of the MWPL, after which normal trading in F&O contracts can resume.

Coal and Mines Minister G Kishan Reddy had stated that India should expand domestic production of the fossil fuel while reducing coal imports.

The dollar rose when Fed Governor Christopher Waller urged "more caution" on future interest rate cuts, citing recent economic statistics.

Bets on a 25-basis-point drop at the Fed's November meeting were at 86.5%, according to the CME Group's FedWatch tool.