Hyundai Motor India Ltd has received approval from the Securities and Exchange Board of India for its initial public offering, aiming to raise at least $3 billion. This IPO will be the largest ever in India, surpassing LIC's previous record. Hyundai plans to use the funds to enhance production capacity and develop new products.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.