Stock market today: Events such as a war do present a buying opportunity for long-term investors, analysts said

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Stock market crash: The BSE benchmark has tumbled nearly 3,500 points from its record high level of 85,978 level, touched on September 27, 2024

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Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, is expected to launch its much-awaited Rs 25,000-crore initial share-sale for public subscription on October 14, people familiar with the development said on Thursday.
This would be the largest initial public offering (IPO) in India after LIC's initial share sale of Rs 21,000 crore.
According to the Draft Red Herring Prospectus (DRHP) filed in June, Hyundai Motor India's proposed IPO is entirely an Offer-for-Sale (OFS) of 142,194,700 equity shares by promoter Hyundai Motor Company, with no fresh issue component.
Sources had previously stated that the South Korean automaker is looking to raise at least USD 3 billion (about Rs 25,000 crore) through an initial share sale.
This development marks a significant milestone for the Indian industry, as it is the first automaker's initial share sale in over two decades, following Japanese automaker Maruti Suzuki's listing in 2003.
The South Korean parent is diluting s

From Tuesday onwards i.e effective October 1, 2024, the Indian financial markets will undergo several reforms that investors must know

Stock Market, BSE, Nifty, Capital

China's factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting Beijing may need to move urgently to meet its 5 per cent 2024 growth target

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Virat scored a 35-ball 47 on day 4 of the 2nd Test against Bangladesh to achieve the feat which took him to the fourth spot in the list of most international runs scored.

Virat Kohli

A petition by the father of two women claiming to live at the Isha Foundation willingly has led the court to seek a report on all criminal cases against it

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Zoho CEO Sridhar Vembu called for a much-needed shift towards healthier, balanced workplaces that can thrive in the long run

Sridhar Vembu Zoho

The labour ministry is expediting discussions with various stakeholders about employment-linked incentive (ELI) schemes

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Israel says it is targeting Hezbollah after nearly a year of rocket attacks that began on October 8 and displaced some 60,000 Israelis from communities in the north

Israel strike

Britain's ZEV mandate, introduced by the former Conservative government, requires at least 22 per cent of an automaker's new car sales to be purely EVs in 2024

Electric vehicles, EVs, Electric car

Melania Trump revealed her support for abortion rights on Thursday, ahead of the release of her upcoming memoir, exposing a stark contrast with her husband, Republican presidential nominee Donald Trump, on the crucial election issue.
In a video posted to her X account on Thursday morning, the former first lady defended women's "individual freedoms" to do what they want with their bodies -- a position at odds with much of the Republican Party and her own husband, who has struggled to find a consistent message on abortion while wedged between anti-abortion supporters within his base and the majority of Americans who support abortion rights.
"Individual freedom is a fundamental principle that I safeguard," Melania Trump said in the video. "Without a doubt, there is no room for compromise when it comes to this essential right that all women possess from birth: individual freedom. What does 'my body, my choice' really mean?"
The video appears to confirm excerpts of her self-titled memoir

Donald Trump, Melania Trump

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Israel extends evacuation warnings in Lebanon, signalling increased attacks

British auto industry set to miss 2024 EV sales target, warns trade body

Melania Trump's support for abortion rights puts her at odds with GOP

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Hyundai Motor India likely to launch Rs 25,000 crore IPO on Oct 14

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