IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the country’s biggest-ever maiden share sale. IMAGE: Unsoo Kim, MD & CEO, Hyundai......

Auto, BFSI dominated Q4 earnings circuit

Operating margins put the pedal to the metal on corporate earnings, fuelled by sector-wide Ebitda margin gains, driving net profits to victory in five straight quarters. Krishna Kant and Ram Prasad......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

India Inc capital expenditure story gets cement to semiconductor push

Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. Illustration: Uttam......