Hyundai Gears Up For Rs 27,856 Crore IPO

India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960. IMAGE: Hyundai Motor India Managing Director Unsoo Kim,......

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......

Overseas loans' share in total Adani group debt portfolio declines

The share of foreign loans in total Adani group debt portfolio dropped to 61 per cent by September 2023 from 63 per cent as of March 2023, as the group repaid part of its foreign loans and......

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion. Peerzada Abrar reports. Photograph: Dado Ruvic/Reuters BlackRock has again reduced......

Formula One faces BIG shake-up after Liberty deal

IMAGE: A race queen stands next to a Ferrari Formula One car at the pit. Photograph: Kim Kyung-Hoon/Reuters. Formula One faces its biggest shake-up in decades with the announcement on Wednesday......

Blackrock, others buy $1.6 bln stake in Formula One

Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in......