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BREAKING NEWS: Hyundai Motor India Limited has filed draft papers with the Securities and Exchange Board of India (SEBI) for a record initial public offering (IPO) of around $3 billion. This would be the largest IPO in India's corporate history, surpassing the previous record set by the state-owned Life Insurance Corporation of India's (LIC) $2.7 billion listing in 2022.
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Chinese automaker BYD reported record revenue of 777.1 billion yuan ($107.2 billion) for 2024, surpassing Teslaās $97.7 billion, according to a stock filing on Monday. This marks a 29% increase from the previous year, exceeding Bloombergās forecast o
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š India Launches First Residential Mortgage-Backed Securities (RMBS) India has introduced its first listing of residential mortgage-backed securities (RMBS) through a bidding process. The National Housing Bank (NHB) aims to raise between ā¹100 bill
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š¤ÆGroww, India's largest retail stockbroker, is preparing for an initial public offering (IPO) within the next 10 to 12 months, targeting a valuation between $6 billion and $8 billion. This would mark a significant milestone as it would be the first
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Mumbai Surpasses Bengaluru in Funding: In a significant shift, Mumbai emerged as India's most-funded startup hub in 2024, raising $3.67 billion across 175 deals, slightly surpassing Bengaluru's $3.43 billion from 285 deals. This change was largely at
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India's Best Selling Car Brands April'2025 Sales In April'2025, Maruti Suzuki maintained its top position in overall passenger car sales with total 1,38,704 units dispatched , followed by Mahindra 2nd in the list with total total 52,330 units dispat
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š¤ÆReliance Jio is gearing up for a significant IPO, expected in 2025, with a potential valuation exceeding ā¹10 lakh crore (approximately $120 billion) . Analysts predict the IPO could raise around ā¹40,000 crore and may include both fresh shares and a
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In 2025, several companies are expected to launch significant IPOs, potentially breaking records in the Indian market. Key players include: -- Reliance Jio: Valued over $100 billion, anticipated to be India's largest IPO. -- Flipkart: Expected to
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